All posts categorized under ‘Market Watch’
The market in our area showed some impressive gains last month compared to the same month last year in several ways. Over 25% more homes sold in February 2010 than this same period last year. You have to keep in mind too that last month was one of the coldest and snowiest Februaries that we have had in a while, which usually helps to slow activity. The average sale price
This last month saw a continued strengthening of the market in central Indiana. Overall number of sales were down slightly from last year at this time, but the average price of those homes selling were up…with some areas showing dramatic increases. Average sale price has been down in recent years, so this is a positive sign.
I’ve noticed that some home owners have mistakenly assumed that a lower average price indicates that
When I see others I haven’t seen in a while and get into conversations, eventually they’ll ask me how the market is doing now. I suppose it comes with the territory of being a real estate broker. But I’m happy to do so really, because at least I know they’re getting the truth as opposed to some hyped-up or cynical, over-produced news story out there. The truth is, the market continues to show improvement
The central Indiana residential real estate market has some positive sales figures to report for last month vs. the same time last year. Also the actual number of homes on the market declined as available inventory continues it’s trend in that direction. The market, which has been tipped generally in the Buyers favor for quite some time, continues to move closer toward a more balanced position which is good news for Sellers. For
The market in Central Indiana has a couple interesting things happening to report this month, both of which are positive news for home owners. Inventory continues to decline vs the number of buyers. This means that the ratio of homes on the market per the number of buyers purchasing is becoming smaller, resulting in more competition for homes on the market.
Also, it should be noted that the F. C. Tucker Company, with
Understanding where you have been is a good way of helping to determine where you are going. The real estate activity for the month of September shows continued gains in the number of sales as well as a decrease in the number of homes on the market. Both of these seem to point toward confirmation that the market is strengthening and also is becoming a more balanced market for Sellers and
I get a feel for what’s going on in the market because I can watch the numbers from a lot of different sources, but mainly I see it in the faces and hear comments from customers and other real estate professionals. If you are currently trying to sell your home or have sold a home recently…or if you are looking for a home or have purchased a home recently, then you know
Search thousands of properties currently listed in central Indiana.
Be the first to identify this mystery location and win a prize.
Take a Guess!Have a question about our community or something real estate-related?
Like our content? Subscribe for free and get instant updates when we post something new.
Richard Hindman
Realtor® | Broker | CRS
Mobile: (317) 413-7189
Office: (317) 849-5050
Email: Contact Me
My Website: www.RichardHindman.com