The
Indianapolis real estate market is diverse with both buyers and sellers
alike seeking a variety of different properties. As a prospective
seller, you can find out the market value of your property with a free home value report right here, or if you're looking to purchase in the Indianapolis area click here for full MLS access. Always
feel free to reach out to us for any questions regarding the current
market conditions, or the value of your property at 317- 863-4663
Have you been wondering where the Indianapolis market is heading? Is so, you've come to the right place!
The first question people ask us is whether it's a seller's market or a buyer's market. Lately, we've seen a market that favors sellers because inventory has been so low. In most areas of town, we have roughly five months of inventory. The homes around town with favorable locations, prices, and conditions are the ones that are going fast and for great values.
In years past, builders would build spec homes, and for a while there was a huge surplus. However, once our market started to heat up, all the spec homes were bought up. Since builders can't keep up with demand, they're now being forced to build from scratch. Because it's roughly a six-month process and builders have raised the base prices of these homes, time is of the essence if you are looking to build a new home. Prices are only going to keep rising!
If you have any questions about our ever-changing market, don't hesitate to give us a call or shoot us an email. We would love to help you take advantage of this hot market!
Thanks for stopping by, and have a great day!
