Indianapolis Real Estate Index

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Tagged : Indianapolis Real Estate

There are currently 14 blog entries matching this tag.

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Steinmeier Subdivision Indianapolis

Monday, March 26th, 2012 at 1:07pm. 19519 Views, 952 Comments.

Steinmeier subdivision indianapolisSteinmeier subdivision is a popular neighborhood located in Washington Township Indianapolis at the intersection of Allisionville Road and 71st Street on the city’s northeast side.  The subdivision of Steinmeier consists of approximately 500 homes and range in price from the low 100’s to the 300’s.  Approximately half of all homes in the Steinmeier subdivision are ranch homes while the majority are two story homes.  


Steinmeier homes vary greatly not only price and size but also in terms of the size of their home sites.  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.  The homes were built in the 1960’s, 1970’s, and

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Downtown Condos - The Packard - 2 Hot Buys

Friday, February 3rd, 2012 at 8:01am. 2067 Views, 2 Comments.

This will just be a quickie, but I wanted to make my readers aware of two amazing opportunities in The Packard Condos downtown Indianapolis.  One is a bank owned condo and the other is just an individual seller that appears to want to move the condo quickly.  Both are listed far below market value at $150,000.  Here is a quick glance at The Packard active, pending and sold since 1/1/2010:

packard-condos-indianapolis-hot-buy_914
While  they are still active, you can view these two listings here:

 

http://www.reddoorindy.com/idx/mibor/21159273/register.html

http://www.reddoorindy.com/idx/mibor/21156311/register.html

 

As you can see, similar units are selling for at least 50K more than both of these are asking.  You will need to act quickly I am quite sure both of these will move fast. 

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Indianapolis Real Estate - Year End Report 2011

Thursday, January 26th, 2012 at 9:20pm. 1891 Views, 3 Comments.

It that time to start looking at the December / End of year market reports. Let’s start with the Indianapolis real estate market and make our way to the suburbs over the next couple of days. So, without further ado, here are the numbers for the December sales for Indianapolis homes:

  2010 2011 % Change
Active N/A 5523
Homes Sold 710 719 1%
Average Selling Price $116,975 $107,563 -8%
Days on Market 93 104 12%
Price Per Square Foot $61 $64 5%
Sales

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Indinapolis Real Estate Market Report November 2011

Tuesday, December 6th, 2011 at 8:23am. 1141 Views, 0 Comments.

It is time to see how November treated the Indianapolis real estate market in 2011. Let’s take a look at the detailed number for the month of November 2010 vs 2011:

  2010 2011 % Change
ActiveN/A6074
Homes Sold6106679%
Average Selling Price$115,321$120,0684%
Days on Market9110111%
Price Per Square Foot$62$632%
Sales Price / List Price93%95%2%


And our YTD numbers:

  Number of Homes Sold

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Indinapolis Real Estate Market Report November 2011

Tuesday, December 6th, 2011 at 8:22am. 810 Views, 0 Comments.

It is time to see how November treated the Indianapolis real estate market in 2011. Let’s take a look at the detailed number for the month of November 2010 vs 2011:

  2010 2011 % Change
ActiveN/A6074
Homes Sold6106679%
Average Selling Price$115,321$120,0684%
Days on Market9110111%
Price Per Square Foot$62$632%
Sales Price / List Price93%95%2%


And our YTD numbers:

  Number of Homes Sold

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Indianapolis Real Estate - Market Report October 2011

Tuesday, November 15th, 2011 at 11:15am. 2408 Views, 0 Comments.

Time to take a look again at the market reports and see what is going on in the Indianapolis real estate market through October 2011. Let’s take a look at the month of October 2010 vs. 2011 first:

  2010 2011 % Change
Active N/A 6300
Homes Sold 659 743 13%
Average Selling Price $123,017 $111,193 -10%
Days on Market 87 101 16%
Price Per Square Foot $62 $61 -2%
Sales Price / List Price 93% 92% -1%


Now let’s

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Indianapolis homes - Market Report - April 2011

Friday, May 6th, 2011 at 9:38am. 2737 Views, 2 Comments.

Time to look at how the Indianapolis real estate market did in April 2011:.

  2010 2011 % Change
ActiveN/A9060 
Homes Sold1108765-31%
Average Selling Price$114,841$117,9503%
Days on Market8210123%
Price Per Square Foot$66$62-6%
Sales Price / List Price 95% 94% -1%

 

The YTD numbers:

  Number of Homes Sold
Average Sales Price  
 

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Indianapolis Homes - Market Report March 2011

Tuesday, April 5th, 2011 at 11:43am. 1166 Views, 0 Comments.

Time to take a look at the number for Indianapolis homes for March 2011.   The first quarter is behind us and it is a good time to assess the market and how it might be trending for 2011.  As I have mentioned before, this year is going to prove quite difficult because of the first time home buyer tax credit having such a huge affect on the market last year.  That being said, let’s look at the number for Indianapolis for March:

  2009 2010 % Change
Active N/A 6864
Homes Sold 999 697 -30%
Average Selling Price $111,719 $98,987 -11%
Days on

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Indianapolis Real Estate Year End Report 2010

Monday, January 10th, 2011 at 8:07am. 1382 Views, 0 Comments.

The time has come to take a look at the year of 2009 and see how the Indianapolis real estate market performed.  Over the next few days, I will be posting the year end reports for most of the Indianapolis market.  Today, we start with Indianapolis itself.

Indianapolis has typically not performed as well as the suburbs and has been plagued with more foreclosures than the suburbs as well.  However, despite this Indianapolis has actually posted some great numbers for 2009 indicating a recovery may already be well underway. 

Let ’s take a look at the month of December in detail:

  2009 2010 % Change
Active N/A 6603
Homes Sold

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Indianapolis Real Estate - Year End Report 2009

Wednesday, January 20th, 2010 at 9:21am. 1651 Views, 1 Comments.


Let’s take a look and see how the Indianapolis real estate market did in 2009. Before we dive into the yearend numbers let’s see how December turned out:

  2008 2009 % Change
Active N/A 6844
Homes Sold 818 768 -6%
Average Selling Price $90,113 $103,039 14%
Days on Market 95 86 -9%
Price Per Square Foot $50 $56 12%
Sales Price / List Price 89% 94% 6%

 

Now we can look at the yearend numbers for

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