9 County Metropolitan Indianapolis Real Estate Report

Unfortunately, the numbers don’t lie. Real estate sales are down for the 9 county Indianapolis, Indiana area although the number of listings has remained steady for the past three months. January 2010 had 1,011 homes sell. Which compared to the 2,323 homes that sold in October 2009 sounds like terrible news. Factor in the holiday season and the current weather conditions and this numbers do not shock me at all.

On a more promising note there were also 1,299 home that pended in January 2010. Homes are still selling, just not at the rate we are accustomed to. As a seller your prepare yourself for a longer than usual market time for your home and have your castle in pristine condition. For suggestions on getting your home market ready review our home staging tips.

Indianapolis homes for sale are up against some strong competition.  If you are interested in a free market analysis to determine your home’s value call msWoods Real Estate at (317) 578-3220 and put one of their experienced agents to work for you.