Indianapolis

Feb. 13, 2010

Indianapolis Real Estate Market Update 2008-2009

Comparing the Indianapolis real estate market from 2008 - 2009 indicates signs of recovery on the horizon. As we track the number of home sales, the first half of 2009 was well below the number of sales of 2008. In July, the sales equaled 2009 and with the exception of December ...

July 19, 2009

Indianapolis Foreclosure Statistics

Recently, I was asked to provide some data about the state of foreclosures in Indianapolis and how it is affecting the economy. It was an eye-opening excercise, but certainly not surprising.

While the data reveals the state of foreclosures in Indianapolis (Marion County), the depth of what the statistics doesn ...

Feb. 10, 2009

Indianapolis Real Estate Market Report - January 2009

Real Estate sales in Indianapolis for January were significantly less than the number of homes sold in December. Blame it on the cold, the snow, the ice - or the normal winter slow down - there were 652 homes sold in Marion County compared to 803 last month.

The good news is ...

Posted in Indianapolis
Feb. 1, 2009

Indianapolis Real Estate Market Report - December 2008

There are currently 7620 homes for sale in Indianapolis in Marion County. Sales were up in December compared to November, with 100 more homes sold in December. There were 803 homes sold in December which represents 10.5% of the current inventory. Last month sales equaled 8.8% of the ...

Posted in Indianapolis
Dec. 29, 2008

Indianapolis Real Estate Market Review - November 2008

The real estate market in the Metropolitan Indianapolis area has slowed to a crawl over the last few months. In October there were 1970 sales; this month slowed again to 1610 sales, compared to 2219 sales in November 2007.

Active Homes:

  • There are currently 19,118 active homes and condos ...
Dec. 29, 2008

Indianapolis Real Estate Market Report - November 2008

There are currently 7990 homes for sale in Indianapolis in Marion County. Across the board there are fewer homes on the market along with fewer sales in general. Wayne Township and Center NE both increased the number of sales over last month. 

There were 703 property sales in November which ...

Nov. 24, 2008

The Indianapolis Real Estate Market Report

The numbers are in and I have completed the Market Reports for the Indianapolis area. October again posted less inventory and subsequently less sales than September.

There were 1970 total units sold in the Metropolitan Indianapolis Board of Realtors (MIBOR) service area. Of these 1970 properties sold, 555 were distressed ...

Nov. 24, 2008

Indianapolis Real Estate Market Report - October 2008

There are currently 8553 homes for sale in Indianapolis in Marion County. This is down from lasts months 9138 active properties. There were 810 sold properties, compared to 920 last month. The largest number of sales were in Wayne and Washington Townships.

Township

Active

Sold

Average Price

Highest Price

 

 

 

 

 

Wayne ...

Oct. 12, 2008

Indianapolis Real Estate Report - September 2008

Township

Active

Pending

Sold

Absoprtion Rate

Wayne

1077

219

127

8.4 months 

Pike

825

138

85

9.7 months

Washington

1335

165

135

9.8 months

Lawrence

1157

204

140

8.26 months 

Warren

1098

204

123

8.26 months

Franklin

561

86

74

7.5 months

Perry

707 ...

Posted in Indianapolis
Aug. 24, 2008

Average Home Price in Indianapolis

Once again, Indianapolis has led the nation in most affordable housing for the 12th straight quarter. That’s 3 years of consistently offering the most affordable housing to the residents of Indianapolis. The article at CNN Money  states the median sales price for homes sold in the second quarter was ...

Posted in Indianapolis