HERE YOU CAN LEARN ABOUT THE CURRENT REAL ESTATE MARKET... And You Can Drill Down Into The Greater Indy Market To A Specific Part/Area In Indy, A Nearby Community Or Even A Specific Zip Code, That Interests You Most! Then You Can View Recaps Of Recent Activity Vs Prior Monthly & Yearly Activity, Search All Active Listings By A Type Of Property, & See Current Open Houses OR Select Other Areas Or Communities.
THE CURRENT INDIANAPOLIS AREA REAL ESTATE MARKET
The Market Action Index Shown Below Compares The Rate Of Sales Versus Inventory, To Create An Easy To Understand Visual Of How The Market Is Currently Preforming... Since This Information Is All Based On Data That's Updated Weekly!
A Market Action Index ("MAI") Of 0-29 Indicates a Buyer's Market Where Demand Exceeds Supply. The Lower The Number, The Greater The Buyer's Advantage. An MAI of 30 Indicates a Balanced Market Where Demand Matches Supply. And An MAI Of 31-100 Indicates A Seller's Market, Where Supply Is Less Than The Demand. The Higher The Number, The Greater The Seller's Advantage.
Selecting either the Single Family Houses or Condos/Townhouses button below allows you to see more details... Like a Market Narrative that adds context to the Market Action Index where we break down, in plain English for you, what all of these numbers mean. This narrative also provides clarity on which direction the market appears to be heading. Similarly, with the Real-Time Market Profile, you can explore each of the 11 trend lines to see how the indicator has changed over the past three months. You can also generate multi-year trend charts for 9 different market stats. Lastly, since the high end of the market often behaves differently than the low end, you can see the trends at all of the price points in your market to compare how the market is performing in the price segments that interest you most. If you still have questions, feel free to Connect with Mitch.
Note: Many Areas Have Multiple Zip Codes, & Some Zip Codes Also Span Multiple Areas. So, Accurate Market Data Varies Both On The Zip Code & The Area. Mitch Advises Clients Using, When Available, More Specific Neighborhood / Development Activity.
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About Mitch
Mitch leverages his local expertise, combined with his meaningful business and life experiences, and decades of professional leadership and growth in the construction and technology industries to contribute to his success as one of Greater Indy's Top REALTORs.
Mitch is committed to helping change the lives of his clients as they start their next chapter, by making it easier, more enjoyable and more profitable for his clients that design, build, buy, and sell their home, condo, townhouse or investment property!
Or Select Another Greater Indianapolis Area To See How The Real Estate Market Is For Houses, Townhouses & Condominiums
Regardless Of The Direction... Mitch Can help U Make The Right Move!
What is Greater Indy Area Property Worth
USE THESE RESOURCES & TOOLS TO HELP YOU MAKE THE RIGHT MOVE IN THE GREATER INDY AREA
Buyers
Thinking of buying a greater Indianapolis home, condominium or townhouse... While it's easy to see the asking price, let Mitch show you what the property should sell for based on other comparable places in your favorite greater neighborhood or development.
Sellers
Thinking of listing your greater Indy home, condominium or townhouse... Are you curious to know what your place should sell for along with the selling prices, days on market, and list price to sales price ratios of other places in your neighborhood, development or area?