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        <title>Indianapolis Real Estate Blog</title>
        <link>http://www.reddoorindy.com/blog/tags/indianapolis-homes-for-sale/</link>
        <description>A local Indianapolis real estate blog by Red Door Real Estate keeping you up to date on all Indianapolis and surrounding areas real estate news.</description>
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            <guid>http://www.reddoorindy.com/blog/steinmeier-subdivision-indianapolis.html</guid>
            <link>http://www.reddoorindy.com/blog/steinmeier-subdivision-indianapolis.html</link>
            <author>mtaylor@reddoorindy.com (Mike Taylor)</author>
            <title>Steinmeier Subdivision Indianapolis</title>
            <description> <![CDATA[ 
Steinmeier subdivision is a popular neighborhood located in Washington Township Indianapolis at the intersection of Allisionville Road and 71st Street on the citys northeast side.&nbsp; The subdivision of Steinmeier consists of approximately 500 homes and range in price from the low 100s to the 300s.&nbsp; Approximately half of all homes in the Steinmeier subdivision are ranch homes while the majority are two story homes. &nbsp;

Steinmeier homes vary greatly not only price and size but also in terms of the size of their home sites.&nbsp; The majority of homes in the Steinmeier subdivision in Indianapolis will have a decent sized yard but some are on smaller lots while some of homes boast almost a full acre home site.&nbsp; The homes were built in the 1960s, 1970s, and 1980s.

While homes in the Steinmeier subdivision Indianapolis do offer a large variety the &ldquo;typical&rdquo; home would be a two story home price around $200,000 and 2300 square feet on &frac14;-1/2 acre lot with mature trees.&nbsp; One thing is for sure, if you are looking for an affordable non cookie cutter home in a good area of Indianapolis, Steinmeier subdivision is definitely worth a consideration. &nbsp;

&nbsp;

Steinmeier Homes for Sale Indianapolis 
 ]]> </description>
            <pubDate>Mon, 26 Mar 2012 13:07:51 -0400</pubDate>
                    </item>
        <item>
            <guid>http://www.reddoorindy.com/blog/indianapolis-homes-for-sale-market-report-february-2012.html</guid>
            <link>http://www.reddoorindy.com/blog/indianapolis-homes-for-sale-market-report-february-2012.html</link>
            <author>mtaylor@reddoorindy.com (Mike Taylor)</author>
            <title>Indianapolis Homes for Sale - Market Report February 2012</title>
            <description> <![CDATA[ 
Lets take a look at the Indianapolis homes for sale market  and see how it is starting out the 2012 year.&nbsp;  Here are some detailed numbers for the month of February 2012:



  
    
      
&nbsp;

      

2010


      

2011


      

% Change


    
    
      
Active

      

N/A


      

5667


      




    
    
      
Homes Sold

      

567


      

617


      

9%


    
    
      
Average Selling Price

      

$103,771


      

$104,806 


      

1%


    
    
      
Days on Market

      

95 


      

101 


      

6%


    
    
      
Price Per Square Foot

      

$57 


      

$57 


      

0%


    
    
      
Sales Price / List Price 

      

95%


      

94%


      

-1%


    
  




  And here is a YTD chart showing the past 3 years of data:



  
    
      
&nbsp;

      

Number of Homes Sold 


      



          

      

Average Sales Price 


      
&nbsp;

    
    
      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

    
    
      
&nbsp;

      

2010


      

2011


      
2012

      

% Change


      

2010


      

2011


      

2012


      

% Change


    
    
      
&nbsp;

      



          

      



          

      
&nbsp;

      



          

      



          

      



          

      
&nbsp;

      



          

    
    
      
Jan.

      

563


      

459


      

621


      

35%


      
$91,072

      
$106,543

      
$103,605

      
-3%

    
    
      
Feb.

      

669


      

549


      

617


      

12%


      
$113,889

      
$103,395

      
$104,806

      
1%

    
    
      
March

      

995


      

697


      




      

-100%


      
$111,683

      
$98,987

      
&nbsp;

      
-100%

    
    
      
April

      

1,103


      

765


      




      

-100%


      
$114,745

      
$117,950

      
&nbsp;

      
-100%

    
    
      
May

      

1,163


      

928


      




      

-100%


      
$125,374

      
$124,303

      
&nbsp;

      
-100%

    
    
      
June

      

1,119


      

1,013


      




      

-100%


      
$126,220

      
$123,904

      
&nbsp;

      
-100%

    
    
      
July

      

744


      

897


      




      

-100%


      
$121,356

      
$127,258

      
&nbsp;

      
-100%

    
    
      
Aug.

      

676


      

941


      




      

-100%


      
$114,445

      
$117,898

      
&nbsp;

      
-100%

    
    
      
Sept.

      

781


      

804


      




      

-100%


      
$111,028

      
$126,416

      
&nbsp;

      
-100%

    
    
      
Oct.

      

659


      

743


      




      

-100%


      
$123,017

      
$111,193

      
&nbsp;

      
-100%

    
    
      
Nov.

      

610


      

667


      




      

-100%


      
$115,321

      
$120,068

      
&nbsp;

      
-100%

    
    
      
Dec.

      

710


      

719


      




      

-100%


      
$116,975

      
$107,563

      
&nbsp;

      
-100%

    
    
      
&nbsp;

      




      




      




      




      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

    
    
      
Totals

      

9,792


      

9,182


      

1,238


      




      
$116,527

      
$116,808

      
$104,206

      
-10.79%

    
  




  And our 4 year price history chart:






  For the first time in 3 years, we are seeing an increase in  the number of homes sold in Indianapolis!&nbsp;  This is very very very exciting.&nbsp;  The average sales price is up a little bit with a 1% increase in  February, but the really exciting news the 35% and 12% increase in number of  homes sold in the first two months of this year for Indianapolis Indiana homes  for sale.&nbsp; 
  The foreclosure market will continue to plague the market  especially in Indianapolis versus the outlying suburbs.&nbsp; We are still seeing almost &frac12; of all home  sales as a result of foreclosures with 43% of all sales in both January and  February from some sort of distressed homes.&nbsp; 


  There is a sense of optimism in the real estate community  and the feeling on the ground is that we have turned the corner.&nbsp; Everyone seems to be busier than in recent  memory and there is reason to believe 2012 will be a great year for real estate  in Indianapolis.

 ]]> </description>
            <pubDate>Mon, 12 Mar 2012 08:31:07 -0400</pubDate>
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