HERE YOU CAN... View Recaps Of The 46143 Zip Code's Current Vs Prior Monthly Activity, Search Active Listings By... Zip Code & Type Of Property, & Open Houses OR Search Another Area Or Community.
THE CURRENT 46143 ZIP CODE REAL ESTATE MARKET
MITCH ANSWERS THE QUESTION... IS IT A BUYER'S OR SELLER'S MARKET RIGHT NOW?
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!
Find Out About Recent Market Activity If You Are Considering Buying Or Selling!
Generally Speaking What Goes Into The Value Of A Property
1/3 Is About The Property Itself: The Location, Condition, Updates, Bed & Bath Count, Size, Age & All Features
1/3 Is About Similar Places For Sale A Buyer Could Also Buy, At The Same Time, In The Same & Similar Areas
1/3 Is About What Similar Properties, In The Same Or Similar Areas, Have Sold for In The Last 6-12 Months
Real estate values are not like a ten-dollar bill that is worth $10 regardless of if it’s crisp and brand new, or if it’s twenty years old, dirty and torn. Neither the condition of the bill in your hand, the condition of other ten-dollar bills, nor the location of where you are holding the bill will change its value! If the value of real estate was also this precise and exact, just like the value of a dollar bill, then there would frankly be no need for real estate agents!
When you are thinking about buying or selling accurately evaluating the value of a house, townhouse, or condominium is a complex calculation that leverages years of experience and expertise like Mitch has, as one of the Top REALTOR's in the Greater Indy area! So let's start at the very beginning - with the RIGHT price! And the best way to find the RIGHT price is to ask Mitch.