Residential Real Estate: Marketplace for August 31, 2018
While the number of homes for sale has crept up through the summer, the available inventory still lags last year significantly.
Home Sales
Articles
All-Star Real Estate Agents: The Indy area’s top teams and solo sellers
Three longtime high performers retain the top spots in IBJ’s All-Star team rankings, while Mike Duncan marks 20 years as an agent by topping IBJ’s list of solo stars.
Developers say Stringtown near downtown could become hot spot
Stringtown is surrounded by activity or proposed activity: at IUPUI to the east, 16 Tech to the north, the former Central State Hospital site to the west, and the former GM stamping plant to the south.
Existing-home sales jump 7 percent in Indianapolis area
Sales rebounded in July even though prices continued to rise and inventory continued to shrink.
Interest in new homes surges in Indianapolis area
Area builders saw a big jump in new-home applications in July, especially in Marion, Hancock and Hamilton counties.
Area filings for new homes still rising, but growth rate slows
Indianapolis-area builders saw rising interest in new homes in June, but the growth rate in that demand declined to its lowest point in 14 months.
Area home sales decline amid escalating prices, lower inventory
It was a rare off-month for the market, which has experienced year-over-year sales increases in 27 of the past 32 months.
Residential Real Estate: Marketplace for June 29, 2018
The number of active listings in central Indiana has inched up slightly after dropping to fewer than 5,000 earlier this year.
Buyers must make good offers quickly to snag homes in sizzling market
An especially low inventory of homes for sale is driving up prices and requiring buyers to take unusual steps to secure the places they want.
Area home sales still climbing amid escalating prices, fewer choices
The total number of active home listings in the 15-county central Indiana region dropped 25 percent from the end of May 2017 to the end of last month.
First phase of housing effort aimed at educators nears completion
Organizers of the affordable-housing and neighborhood-revival effort, designed to attract and retain teachers for urban schools, are set to unveil the first 15 homes.
Developer proposes 314-home subdivision in Noblesville
Brooks Farm would feature 314 homes built by two builders, including attached villas and single-family homes.
Existing-home sales rise in Indianapolis area amid shrinking inventories
The market rebounded from an off-month in March, when sales dropped 7.5 percent on a year-over-year basis—the first decline in seven months.
Existing-home sales decline in Indianapolis area as inventories plummet
It was the first month sales have fallen since July and only the fourth month they’ve declined on a year-over-year basis in the past 29 months.
Indianapolis-area home builders see best first quarter in 12 years
Area home builders saw more demand for new homes in the first quarter than they have since 2006, according to a report released Thursday by the Builders Association of Greater Indianapolis.
Residential Real Estate: Marketplace for March 30, 2018
Pending home sales in the central Indiana dipped 0.7 percent last month compared to the previous year, although prices are up 5.3 percent so far this year, to nearly $194,000.
Indianapolis-area home sales jump as inventories tighten, prices rise
The total number of active home listings in the region plummeted 19.4 percent, from 8,489 at the end of February 2017 to just 6,845 at the end of last month.
Area home builders see big spike in demand in new year
It was the busiest January for builders since 2007, according to figures reported Monday by the Builders Association of Greater Indianapolis.
High-end homes enjoy golden sales year
Home sales of $1 million or more in the Indianapolis area have skyrocketed 143 percent since 2012. Last year, nearly 150 such homes were sold, compared to only 61 five years ago.
Area home sales barely rise amid fewer choices, rising prices
Existing-home sales in central Indiana ticked up only slightly in December as inventories continued to shrink and price tags remained on the rise.