2017 Market Report

2017 MARKET REPORT Indianapolis Real Estate by the Numbers

SIGNIFICANT SALE 4139 WYTHE LANE | SYCAMORE SPRINGS | INDIANAPOLIS

CARMEL | INDIANA

407

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~ 2.68 months of inventory ~

2017 1831 $396,748 68

2016

% CHANGE

1862 $380,119 69

-2% 4% -1%

SIGNIFICANT SALE | 3403 CLUB ESTATES DRIVE | BRIDGEWATER CLUB

EXTRAORDINARY LISTING | 1814 MILFORD STREET

EXTRAORDINARY LISTING | 15366 WHISTLING LANE

FISHERS | INDIANA

359

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~2.05 months of inventory ~

2017

2016

% CHANGE

2101 $276,159 54

2167 $263,372 59

-3% 5% -8%

SIGNIFICANT SALE | 15149 GEIST RIDGE DRIVE | VALLEYS AT GEIST

EXTRAORDINARY LISTING | 16266 REMINGTON DRIVE

EXTRAORDINARY LISTING | 6630 RIVERSIDE WAY

NOBLESVILLE | INDIANA

272

HOMES CURRENTLY LISTED FOR SALE ~ 1.93 months of inventory ~

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

2017

2016

% CHANGE

1692 $242,043 56

1619 $228,124 62

5% 6% -10%

EXTRAORDINARY LISTING | 18272 KINDER OAK DRIVE | OAKMONT GLEN

SIGNIFICANT SALE | 7007 SPAYSIDE DRIVE

SIGNIFICANT SALE | 88 MILL FARM ROAD

WESTFIELD | INDIANA

218

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~ 2.72 months of inventory ~

2017

2016

% CHANGE

961 $307,642 61

850 $276,7766 64

13% 11% -5%

SIGNIFICANT SALE | 996 CHATHAM HILLS BLVD | CHATHAM HILLS

SIGNIFICANT SALE | 4474 MAJESTIC OAK COURT

SIGNIFICANT SALE | 15860 VIKING LAIR ROAD

WASHINGTON TOWNSHIP

416

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~ 1.93 months of inventory ~

2017

2016

% CHANGE

2582 $246,721 58

2466 $226,324 70

5% 9% -17%

SIGNIFICANT SALE | 215 WILLIAMS DRIVE | WILLIAMS CREEK HEIGHTS

EXTRAORDINARY LISTING | 8139 CLARIDGE ROAD

EXTRAORDINARY LISTING | 7666 N PENNSYLVANIA ST

DOWNTOWN INDY

99

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~ 4.66 months of inventory ~

2017

2016

% CHANGE

255 $356,464 72

287 $362,578 83

-11% -2% -5%

SIGNIFICANT SALE | 333 MASSACHUSETTS AVENUE, #606 | THREE MASS

EXTRAORDINARY LISTING | 350 N MERIDIAN ST #706

EXTRAORDINARY LISTING | 1 N ILLINOIS ST #1905

ZIONSVILLE| INDIANA

153

HOMES CURRENTLY LISTED FOR SALE ~ 3.00 months of inventory ~

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

2017

2016

% CHANGE

613 $438,777 74

635 $420,775 78

-3% 4% -5%

SIGNIFICANT SALE | 7590 HUNT COUNTRY LANE | HUNT COUNTRY PRESERVE

EXTRAORDINARY LISTING | 2695 STILL CREEK DRIVE

EXTRAORDINARY LISTING | 7418 W 96TH STREET

LUXURY MARKET ~ HOMES LISTED ABOVE $1 MILLION ~

172

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~ 12.9 months of inventory ~

2017

2016

% CHANGE

160 $1,358,446 152

127 $1,381,166 157

26% -2% -3%

SIGNIFICANT SALE | 3441 SEDGEMOOR CIRCLE | BRIDLEBOURNE

EXTRAORDINARY LISTING | 1120 LAURELWOOD

EXTRAORDINARY LISTING | 5799 SUNSET LANE

2017 MARKET REPORT Indianapolis Real Estate by the Numbers

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