Central Indiana 2016 Market Report

2016 MARKET REPORT Indianapolis Real Estate by the Numbers

SIGNIFICANT SALE 3853 NESBITT ROAD | WASHINGTON TOWNSHIP, INDIANAPOLIS

CARMEL | INDIANA

410

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~ 2.64 months of inventory ~

2016

2015

% CHANGE

1862 $380,119 69

1780 $365,850 73

5% 4% -5%

SIGNIFICANT SALE | 11121 HINTOCKS CIRCLE | BRIDLEBOURNE

EXTRAORDINARY LISTING | 15370 WHISTLING LN

EXTRAORDINARY LISTING | 5331 RANDOLPH CRESCENT

FISHERS | INDIANA

391

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~2.16 months of inventory ~

2016

2015

% CHANGE

2167 $263,372 59

2087 $262,803 62

4% 0% -5%

SIGNIFICANT SALE | 14214 BROOKS EDGE CIRCLE | TIMBERSTONE

EXTRAORDINARY LISTING | 320 BREAKWATER DRIVE

EXTRAORDINARY LISTING | 15149 GEIST RIDGE DRIVE

NOBLESVILLE | INDIANA

369

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~ 2.73 months of inventory ~

2016

2015

% CHANGE

1619 $228,124 62

1668 $220,326 64

-3% 4% -3%

SIGNIFICANT SALE | 6670 BRAEMAR AVE | LOCHAVEN

EXTRAORDINARY LISTING | 20260 DAYSPRING CT

EXTRAORDINARY LISTING | 14728 MACDUFF DRIVE

WESTFIELD | INDIANA

198

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~ 2.79 months of inventory ~

2016

2015

% CHANGE

850 $276,776 64

784 $267,743 58

8% 3% 10%

SIGNIFICANT SALE | 13051 AIRHART BLVD | SHELBOURNE ESTATES

EXTRAORDINARY LISTING | 996 CHATHAM HILLS BLVD

EXTRAORDINARY LISTING | 1458 WATERLEAF DR

WASHINGTON TOWNSHIP

568

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~ 2.76 months of inventory ~

2016

2015

% CHANGE

2466 $226,324 70

2425 $220,512 79

2% 3% -11%

SIGNIFICANT SALE | 7525 N PENNSYLVANIA ST | WILLIAMS CREEK

EXTRAORDINARY LISTING | 4841 GUILFORD AVE

EXTRAORDINARY LISTING | 215 WILLIAMS DRIVE

DOWNTOWN INDY

85

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~ 3.55 months of inventory ~

2016

2015

% CHANGE

287 $362,578 83

248 $324,101 84

16% 12% -1%

SIGNIFICANT SALE | 1 VIRGINIA AVENUE | ALLEN PLAZA

EXTRAORDINARY LISTING | 1 N ILLINOIS STREET

ZIONSVILLE| INDIANA

170

HOMES CURRENTLY LISTED FOR SALE ~ 3.21 months of inventory ~

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

2016

2015

% CHANGE

635 $420,775 78

600 $388,392 76

6% 8% 3%

SIGNIFICANT SALE | 6895 S 775 E | HUNT CLUB ROAD

EXTRAORDINARY LISTING | 11527 WILLOW RIDGE DRIVE

EXTRAORDINARY LISTING | 6587 REGENTS PARK DRIVE

LUXURY MARKET ~ HOMES LISTED ABOVE $1 MILLION ~

165

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~ 15.59 months of inventory ~

2016

2015

% CHANGE

127 $1,381,166 157

102 $1,467,197 136

25% -6% 15%

SIGNIFICANT SALE | 6065 ISLAND DRIVE | LAKE WAWASEE

EXTRAORDINARY LISTING | 3736 SPRING HOLLOW ROAD

EXTRAORDINARY LISTING | 3510 SEDGEMOOR CIRCLE

2016 MARKET REPORT Indianapolis Real Estate by the Numbers

** ALL DATA INCLUDED IN THIS REPORT DEEMED GOOD AND EXTRACTED FROM MIBOR.