According to a recent Indianapolis Star article, January home sales in the Indianapolis metro area increased by 28 percent year-over-year, for a total of 1,344 homes sold in the month. Another great sign is that average median home sale prices rose 4.7 percent to $116,213.
What does this all mean to you if you’re thinking of getting into the real estate market? If you’ve been waiting to sell, this might be your chance. We’re seeing quite a few motivated buyers in the market who are looking for great homes just like yours. With the price of homes inching higher, you’re more likely to sell your home quickly and for a higher price than you have been in several years. It might be the right time to consider finally getting that house on the market and moving on to your next dream home.
If you’re thinking of buying though, you can still find some great deals. Leftover inventory from the long years of recession mean you have some great choices on the market, and home prices are still lower than they were four years ago. If home prices continue to climb, you may be kicking yourself if you don’t buy now.
Whether you’re thinking of buying, selling or just aren’t sure what to do, make sure you have an experienced real estate professional like Dan Baldini by your side. Dan has been living and working in Indianapolis for more than 30 years, and can help you reach your real estate goals. Call today and find out how you can make this market work for you.