Real Estate

It’s easy to get lost in the short-term market fluctuations that occur from one month to the next. But in the world of statistics, it is the bigger picture that matter most. With this in mind, we look at the greater Indianapolis metro real estate market and the nine counties that comprise it, including Boone, [...]

November is the time of year in Central Indiana where holiday distractions combined with cooler, fall temperatures begin to exert a noticeable effect on the real estate market, and this year it was no different. A total of 104 closings took place in November, or 25.7 percent fewer than the previous month’s total of 140. [...]

The Brownsburg real estate market suffered a fairly large drop in pending sales in November, 2012. Considering the time of year, and the typical holiday distractions that accompany it, this hardly comes as shocking news. Still the 32 pending transactions reported in November represent a 43.9-percent drop versus the previous month’s total of 57. Compared [...]

As all of Central Indiana marched ever closer to winter, it was no surprise that the Wayne Township real estate market continued a trend toward decreased market activity in November, 2012. In fact, November marked the 4th straight month that the total number of homes on the market fell by at least 4 percent relative [...]

The Warren Township real estate market was not impressive in comparison to the previous month. Indeed, the typical slow-down that accompanies the fall season was felt in at least 2 key areas: Closed and pending sales. But as we will show, the market was actually quite improved versus this same time last year. Take total [...]

The Perry Township real estate market took two steps forward and one step back, at least insofar as 3 key indicators were concerned. Sales, for example, rose 8.4 percent as a total of 90 closings took place in November compared to 83 the previous month. But compared to the 81 closings that took place in [...]

The Carmel real estate market didn’t fare so well in November, 2012. Not that there weren’t some improvements, but overall, the market was down not only versus the previous month, but last year as well. Total sales, for example, fell 10.7 percent, from 112 closings in October to 109 in November. But compared to last [...]

With the exception of September, the total number of homes for sale in Center Township has fallen in each of the months following June, 2012. Most recently, total listings fell 4.5 percent, from 951 in October to 908 in November. But not only were listings down on the month; compared to last November’s total of [...]

There has been an overall trend toward decreasing inventory over the past 15 months in Zionsville, and the month of October, 2012 proved to be no exception. Since hitting a summer peak of 274 listings, the number of homes on the Zionsville market fell for the third consecutive month, reaching a total of just 238 [...]