2018 Market Report

2018 MARKET REPORT Indianapolis Real Estate by the Numbers

EXTRAORDINARY LISTING 5125 GREEN BRAES EAST DRIVE | EAGLE CREEK RESERVOIR

CARMEL | INDIANA

293

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~ 1.77 months of inventory ~

2018 1983 $416,059 51

2017 1831 $396,748 68

% CHANGE 8% 5% -25%

EXTRAORDINARY LISTING | 12999 DEERSTYNE GREEN STREET | VILLAGE OF WESTCLAY

SIGNIFICANT SALE | 732 SUFFOLK LANE

SIGNIFICANT SALE | 10493 BISHOP CIRCLE

FISHERS | INDIANA

327

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~1.74 months of inventory ~

2018

2017

% CHANGE

2260 $303,244 44

2101 $276,159 54

8% 10% -19%

SIGNIFICANT SALE | 6630 RIVERSIDE WAY | RIVER RIDGE

EXTRAORDINARY LISTING | 10811 TURNE GROVE

EXTRAORDINARY LISTING | 339 BREAKWATER DRIVE

NOBLESVILLE | INDIANA

237

HOMES CURRENTLY LISTED FOR SALE ~ 1.57 months of inventory ~

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

2018

2017

% CHANGE

1810 $261,102 46

1692 $242,043 56

7% 8% -18%

EXTRAORDINARY LISTING | 11391 GOLDEN BEAR CIRCLE | SAGAMORE

SIGNIFICANT SALE | 218 IRONWOOD CIRCLE

SIGNIFICANT SALE | 18272 KINDER OAK DRIVE

WESTFIELD | INDIANA

231

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~ 2.66 months of inventory ~

2018

2017

% CHANGE

1044 $325,688 52

961 $307,642 61

9% 6% -15%

EXTRAORDINARY LISTING | 16327 BROOKHOLLOW DRIVE | BROOKSIDE

SIGNIFICANT SALE | 15885 FALCONS FIRE DRIVE

SIGNIFICANT SALE | 16311 JOLIET ROAD

WASHINGTON TOWNSHIP

381

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~ 1.85 months of inventory ~

2018

2017

% CHANGE

2477 $256,475 38

2582 $246,721 58

-4% 4% -34%

EXTRAORDINARY LISTING | 4957 FALL CREEK ROAD | LAKE KESSLERWOOD SIGNIFICANT SALE | 5380 PRIMROSE AVE

SIGNIFICANT SALE | 4308 HEYWARD LANE

DOWNTOWN INDY

106

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~ 5.55 months of inventory ~

2018

2017

% CHANGE

229 $355,339 64

255 $356,464 72

-10% 0% -11%

EXTRAORDINARY LISTING | 527 LOCKERBIE STREET | LOCKERBIE

SIGNIFICANT SALE | 350 N MERIDIAN ST #706

SIGNIFICANT SALE | 311 W WALNUT STREET

ZIONSVILLE| INDIANA

130

HOMES CURRENTLY LISTED FOR SALE ~ 2.45 months of inventory ~

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

2018

2017

% CHANGE

635 $460,987 57

613 $438,777 74

4% 5% -23%

EXTRAORDINARY LISTING | 11521 GOLDEN WILLOW DRIVE | THE WILLOWS

SIGNIFICANT SALE | 3220 CIMMARON ASH DRIVE

SIGNIFICANT SALE | 6754 CHAPEL CROSSING

LUXURY MARKET ~ HOMES LISTED ABOVE $1 MILLION ~

196

HOMES CURRENTLY LISTED FOR SALE

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

~ 13.84 months of inventory ~

2018

2017

% CHANGE

170 $1,373,677 132

160 $1,358,446 152

6% 1% -13%

EXTRAORDINARY LISTING | 15395 WHISTLING LANE | BRIDGEWATER

SIGNIFICANT SALE | 15822 SHINING SPRING DRIVE

SIGNIFICANT SALE | 11527 WILLOW RIDGE DRIVE

2018 MARKET REPORT Indianapolis Real Estate by the Numbers

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