Q1 2017 MARKET REPORT Indianapolis Real Estate by the Numbers
EXTRAORDINARY LISTING 2771 E PEDIGO BAY DRIVE | LAKE MONROE, BLOOMINGTON
CARMEL | INDIANA
520
HOMES CURRENTLY LISTED FOR SALE
# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
~ 5.39 months of inventory ~
Q1 2017
Q1 2016
% CHANGE
289 $362,455 86
321 $375,274 83
-10% -3% 4%
SIGNIFICANT SALE | 10553 TITAN RUN | WINDSOR GROVE
EXTRAORDINARY LISTING | 11284 CROOKED STICK LN
EXTRAORDINARY LISTING | 12416 BELLINGRATH ST
FISHERS | INDIANA
469
HOMES CURRENTLY LISTED FOR SALE
# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
~4.23 months of inventory ~
Q1 2017
Q1 2016
% CHANGE
332 $274,756 67
366 $247,765 74
-9% 11% -9%
SIGNIFICANT SALE | 13908 BARNETT PLACE | HARRISON PARK
EXTRAORDINARY LISTING | 410 BREAKWATER DRIVE
EXTRAORDINARY LISTING | 6780 BARRINGTON PLACE
NOBLESVILLE | INDIANA
335
HOMES CURRENTLY LISTED FOR SALE
# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
~ 3.06 months of inventory ~
Q1 2017
Q1 2016
% CHANGE
328 $237,852 70
315 $210,263 77
4% 13% -9%
SIGNIFICANT SALE | 605 MILL FARM ROAD | MILL CREEK
EXTRAORDINARY LISTING | 20260 DAYSPRING CT
EXTRAORDINARY LISTING | 115 EDGEWATER DRIVE
WESTFIELD | INDIANA
209
HOMES CURRENTLY LISTED FOR SALE ~ 3.58 months of inventory ~
# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
Q1 2017
Q1 2016
% CHANGE
175 $318,297 73
140 $272,543 88
25% 17% -17%
SIGNIFICANT SALE | 16590 BROOKHOLLOW DRIVE | BROOKSIDE
EXTRAORDINARY LISTING | 4474 MAJESTIC OAK CT | UNDER CONTRACT
WASHINGTON TOWNSHIP
540
HOMES CURRENTLY LISTED FOR SALE
# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
~ 3.58 months of inventory ~
Q1 2017
Q1 2016
% CHANGE
452 $235,491 76
418 $206,679 99
8% 14% -23%
SIGNIFICANT SALE | 8557 OAKMONT | OAKMONT
EXTRAORDINARY LISTING | 5023 N PENNSYLVANIA ST
EXTRAORDINARY LISTING | 5901 WASHINGTON BLVD
DOWNTOWN INDY
104
HOMES CURRENTLY LISTED FOR SALE
# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
~ 5.47 months of inventory ~
Q1 2017
Q1 2016
% CHANGE
57 $325,341 65
36 $374,434 105
58% -13% -38%
EXTRAORDINARY LISTING | 333 MASSACHUSETTS AVE #606
EXTRAORDINARY LISTING | 1 N ILLINOIS STREET
ZIONSVILLE| INDIANA
199
HOMES CURRENTLY LISTED FOR SALE
# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
~ 5.63 months of inventory ~
Q1 2017
Q1 2016
% CHANGE
106 $435,776 84
94 $400,792 95
13% 9% -12%
SIGNIFICANT SALE | 8897 WINDPOINTE PASS | COBBLESTONE LAKES
EXTRAORDINARY LISTING | 7590 HUNT COUNTRY LN
EXTRAORDINARY LISTING | 11511 GOLDEN WILLOW DR
LUXURY MARKET ~ HOMES LISTED ABOVE $1 MILLION ~
190
HOMES CURRENTLY LISTED FOR SALE ~ 27.14 months of inventory ~
# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
Q1 2017
Q1 2016
% CHANGE
21 $1,359,698 256
20 $1,305,865 212
5% 4% 21%
SIGNIFICANT SALE | 3509 SEDGEMOOR CIRLCE | BRIDLEBOURNE
EXTRAORDINARY LISTING | 7946 MILL STREAM CIRCLE
EXTRAORDINARY LISTING | 1120 LAURELWOOD
Q1 2017 MARKET REPORT Indianapolis Real Estate by the Numbers
** ALL DATA INCLUDED IN THIS REPORT DEEMED GOOD AND EXTRACTED FROM MIBOR.