Mitch's Weekly Market Report
Indianapolis, IN 46278 - Traders Point
Condos/Townhomes
ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
Indianapolis, IN 46278 - Traders Point
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Market Narrative
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.
Real-Time Market Profile
| Median List Price | ||
| Median Price of New Listings | ||
| Per Square Foot | ||
| Average Days on Market | ||
| Median Days on Market | ||
| Price Decreased | ||
| Price Increased | ||
| Relisted | ||
| Inventory | ||
| Median Rent | ||
| Market Action | ||
Click for more charts
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.