February Newsletter

Phillip Lande

Tel: 317­863­2356 Cell: 317­863­2356 x1

Phil Lande's Atlas Group RE/MAX Legends Group

plande@atlasrealty.com http://www.remax­atlasgroup.com Your Market Data for:

Indiana Your real estate information source.

February 2015

Welcome to the latest issue of my newsletter!

As a real estate professional, I strive to keep in touch with my clients and provide them with information that I hope they will find useful. This newsletter is an opportunity to let you know about the state of the market and current trends. It may even touch on ways that you could enhance your home's value. I hope the market data and articles will help you with understanding real estate today and help you with your real estate decisions. If you have any questions, please do not hesitate to contact me.

Phillip Lande

Trends, Tips & Tricks Indiana Real Estate Sales Data

An Easy Appliance Fix ­ Without Calling a Repairman

Average Listing Price (last 12 months)

Burners Aren't Burning?

With electric burners, it's frequently just a matter of making sure the coil is plugged firmly into its stovetop base. If one of your gas burners clicks but does not light, dried soap or food may be the culprit. Use a needle or wire to clear the tiny holes.

AVERAGE LIST PRICE IN JANUARY Single Family Homes

$277,943

Condos/Townhomes

$125,986

Multi­family Homes

$109,200

Indiana Real Estate Sales Data Price Reduction (last 12 months)

RECENT PRICE REDUCTIONS IN JANUARY Single Family Homes

4.3%

Condos/Townhomes

3.6%

Multi­family Homes

0.0%

Indiana Real Estate Sales Data

Home Improvements and Which Ones to Do

Average Listing Price (last 12 months)

LIST PRICES FOR SINGLE FAMILY HOMES IN JANUARY High

$2,950,000

Low

$24,500

Average

$277,943

Whether you plan to sell in the near future, or just want to improve the value of your home, here is one low cost improvement you should consider.

Give your home curb appeal!

Landscape the front yard. If the bushes are overgrown, the birds are dining on grubs in your lawn, and dandelions are the only flowers in the front yard, perhaps it's time to get out the gardening tools.

Landscaping today doesn't mean three evergreen bushes on the right and three evergreen bushes on the left. There are dozens of choices of plant materials that can add color and style to your front yard. Stop by your local landscaping center ­ they'll have lots of ideas for you. Know the measurements and layout of your yard so a landscaper can advise you on how many plants or supplies you need.

Indiana Real Estate Sales Data

Monthly Trivia articles

Days on Market (last 12 months)

February

CURRENT AVERAGE DAYS ON MARKET IN JANUARY

Valentine's Day (February 14) has been associated with romantic love for centuries, but modern day Valentines are often expressions of non­romantic love. Originally celebrated on All Saint's Day in May, Valentine's Day was moved to February in the 1400s.

February is named after the Latin word februare (to purify), in recognition of the Roman festival for forgiveness of sins on February 15. But not for sins committed on Valentine's Day as the Roman festival was many centuries before Valentine's Day moved to February.

The birth flower for February is the Violet or the Primrose. The modern birthstone is the Amethyst (security, sobriety, spirituality and wisdom) and the traditional birthstone is the Onyx (relaxation and comfort).

Single Family Homes

310

Condos/Townhomes

328

Multi­family Homes

295

Phillip Lande Cell: 317­863­2356 x1 Tel: 317­863­2356 plande@atlasrealty.com http://www.remax­atlasgroup.com Data is deemed accurate but not absolute, no warranty is given. If you are already working with a REALTOR© this is not meant to be a solicitation.

RE/MAX Legends Group 5645 Castle Creek Pkwy N Indianapolis, IN, 46250