Q1 2017 Market Report

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.