Indianapolis Real Estate Market Improves in January, 2012

There were 5,528 Indianapolis houses for sale in January, 2.4 percent fewer, compared to the previous month’s total of 5,662. More importantly, this represents a 17-percent decrease versus January’s total of 6,660. This is a very positive direction for a market that suffers from an excess of inventory. Finally, the Indianapolis real estate market saw a 15.7-percent reduction in the average number of listings per month from November of 2011 through January of this year compared to this same quarter 1 year ago in Indianapolis Indiana, or 5,790 versus 6,868 respectively.

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