Thursday, December 29, 2011
Indianapolis Real Estate Market Report for November, 2011
Let’s take a look at homes for sale in Indianapolis. As the graph indicates, we are at our lowest For Sale inventory levels in Indianapolis, Indiana for the past 14 months. There was a decrease of 13.4% in inventory from this same time period a year ago, good news for those of you thinking of putting your home on the market. Another interesting statistic to note for Indianapolis real estate is that the Average For Sale price has been trending down, but the Average Sold price has been trending up, indicating that sellers are becoming more aware of their homes’ true market value.
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