Fluctuations in the market are common from one month to the next. But short-term fluctuations don’t say nearly as much as an extended view based on historical data. Looking at the market in this way can reveal some very interesting patterns and trends that would otherwise unapparent. With this in mind we present the most recent Indianapolis IN real estate market data in the form of easy-to-read charts and graphs. These graphs show the most recent two-years’ worth of market data for the Indianapolis real estate market. We look at key indicators, such as list price vs. sold price, average time on the market, average price per square foot, pending and sold and total homes for sale. Follow each the page to the very bottom to find links to real estate reports for other Central Indiana cities.
Homes For Sale, Pending and Sold
The above chart indicates the total number of Indianapolis homes for sale from one month to the next, over the most recent 2-year period of time. In this chart we look at how many homes were sold each month, how many homes were listed for sale, as well as how many transactions were pending (scheduled to close a a future date). Some useful comparisons would involve comparing the total number of homes sold during the most recent month to that of the previous month. We might also compare the most recent total to that of the same month 1 year ago, and to the same month 2 years ago.
The numbers shown along the upright axis are measured in the thousands. The horizontal axis shows a progression of time, month by month. As you can see, the market varies from month to the next, sometimes significantly. In the long-run, however, certain trends appear that would otherwise not be apparent in a shorter-term view.
Average Price Per Square Foot
The above chart looks at average price per square foot over the most recent 2 years in Marion County, including the 8 surrounding counties. Price is shown in $10 increments along the upright axis, while time is shown along the horizontal axis, month by month. Three different time lines are compared at the base of the graph.
Average Time On The Market
The preceding chart expresses the final sales price as a percentage of the final list price. The upright axis (left) shows the sold-list differential as a percent, while the horizontal axis shows a progression of time from one month to the next. Some interesting comparisons involve the most recent month versus 1) The previous month, 2) Same month 1 year ago, and 3) Same month 2 years ago.
List Price vs. Sold Price
This chart (above) looks at the average price of homes that have actually sold in comparison to the average sale price. The graph shows averages on a month-by-month progression, with dollars represented in thousand-dollar increments along the upright axis and time along the horizontal axis.
Months of Inventory
Th preceding chart projects the total inventory measured in months based on an extrapolation of the most recent sales figures.
Real Estate Market Statistics for Other Central Indiana Cities
Nine Year Real Estate Report For Metropolitan Indianapolis, Indiana
Cities: Avon | Brownsburg | Carmel | Danville | Fishers | Franklin | Greenfield | Greenwood | Indianapolis | Martinsville Mooresville | Noblesville | Plainfield | Westfield | Zionsville
Townships: Center | Decatur | Franklin | Lawrence | Perry | Pike | Warren | Washington | Wayne