All posts categorized under ‘Market Watch’
A look back at last months residential market activity shows a market finding it’s balance with the economic conditions. Without external government stimulus money influencing activity as there was in 2010 at this time, the number of sales are less than this same period last year, but still solid, with more than 1,400 homes sold overall last month in the greater Indianapolis metropolitan area. Even though the number of sales
Residential market activity was down last month compared to January of 2010. But you have to dig a little below the surface to put that into perspective. Last year the federal government was throwing money at buyers, trying to induce them to buy a home. So the numbers from last January through Spring don’t represent what a free market would have produced. Also things such as weather
A look back at last months residential real estate activity in the 9-county greater metropolitan Indianapolis area shows a market much like other Decembers. It’s always one of the slowest months because the weather turns much colder, and moving during the holidays is the last thing most people want to think about. Still, sales in December 2010 were about 15% less than the year before in this same month. For the year, total sales in 2010 were
A look at last month’s residential real estate activity for our area sees a market with a bit of a split personality. On one hand, the amount of activity is slower than this same month last year. On the other hand, the average selling price is on the rise and homes in all price ranges are selling, including sales of more expensive homes. For more perspective about the market and in-depth analysis, including real
A look back at the official numbers for last months market activity in the 9 county, greater metropolitan Indianapolis area shows a noticeable decline in the number of sales compared to October of last year… about 40% less actually. But total sales throughout the year so far have been fairly strong, and the year-to-date sales numbers are only about 9.7% less than this same time period last year. What is interesting though is the average sale price
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