Tuesday, November 26, 2013

Indianapolis Market Review: Activity and Prices Climb!!!

Housing data released by MIBOR today shows continued strong sales and price activity through October 2013 with a weakening in pending sales activity. The slowing trend of pending sales in the last few months has resulted in the first negative metric all year with pending sales in October down 1.8 percent from October 2012. Closed sales still performed well increasing 6.6 percent in October and up 11.6 for the quarter ending in October.

According to the MIBOR Monthly Indicators Report, prices maintain a steady climb with median sales price up 4.9 percent for the quarter, and up 5 percent for the month of October.  Average sales increased 4.9 percent in October and 4.4 percent for the quarter ending in October. The current average sales price in central Indiana is $165,916; median sales price is $132,500. Months of inventory dipped to 5.3 months.

Along with the Monthly Indicators Report, a one-page report of each county within the service area is also provided. In total, these data sets are intended to be a snapshot of the market, providing historical comparisons whenever possible. The data was pulled from the BLC® listing service on November 18.

Beautiful Zionsville Lot in Stonegate Proper ~ SOLD!!!


Wednesday, October 23, 2013

Indianapolis Third Quarter Housing Market Review

Local Market Review: Third Quarter Data Signals Continued Progress in Housing Market
Third quarter 2013 housing data released by MIBOR today shows continued strong sales and price activity coupled with a slowing in pending sales. Closed sales activity is still strong in the double digits, however the rate of increase tapered off in September and the third quarter from the hot early quarters of 2013. According to the MIBOR Monthly Indicators Report, the number of closed sales in central Indiana increased 21 percent in the third quarter compared to the same period of 2012. Closed sales rose 13.3 percent in September alone when compared to September of last year. Pending sales slowed more by increasing by 8 percent for the month of September and 11.1 percent in the quarterly comparison. To balance that, the much-watched new listings figure keeps climbing. New listings increased by 18.4 percent in September and 17.6 percent for the quarter ending in September.

Prices maintain a steady climb with median sales price up 6.5 percent for the quarter, and up 3.8 for the month of September. Average sales increased 4.9 percent in September and 4.4 percent for the quarter ending in September. The current average sales price in central Indiana is $167,430; median sales price is $135,000. Months of inventory stands similar to the last few months at 5.5 months. Tracy Wright Team – Zionsville / Carmel, Indiana Real Estate
Call us for your real estate questions: (317) 281-0347
http://www.TracyWright.net

 

New Zionsville Listing!!!

Behind a gated entry in exclusive Woodlands at Irishmans Run in Zionsville, awaits an incredible 3.5 acre tranquil retreat. Once the Indianapolis Monthly Dream home, this property has been well cared for and further updated to include the most extraordinary and appealing amenities. The manicured grounds create a retreat like experience with lush greens and idyllic Asian inspired garden complete with koi pond and pergola. The home boasts a unique yet functional floor plan, high end details, and custom everything. Inside youll find six bedrooms, including a stunning master suite with second story screen porch providing fabulous views of wooded back yard and an updated master bath on the main floor. Large kitchen easily entertains with new granite counter tops, Thermador range and ovens, top of the line appliances, and spacious curved island. The upper level is complete with 4 bedrooms each with a private ensuite bath and a large family room / library. The lower level allows for additional entertaining space with a theater room and also includes a wine cellar and additional rec room. Brand new carpet throughout and all concrete floors resurfaced, interior and exterior.
Tracy Wright Team – Zionsville / Carmel, Indiana Real Estate

Call us for your real estate questions: (317) 281-0347

http://www.TracyWright.net

 

Friday, October 11, 2013

New Listing in Carmel's Prestigious Laurelwood!!!

Impressive Laurelwood estate on 2.3 acres! Built to entertain, this home features a stunning pool, bluestone patio, bath house and separate summer kitchen with grill, sink, gas cooktop, refrigerator and icemaker. Remarkable marble entry with grand staircase welcomes you into this home. Open concept with guest and rec rooms on one side and separate master wing on other. Chef's dream kitchen with top of line appliances and granite, gorgeous den with cherry built-ins and formal living room with wet bar. Lower level boasts daylight windows, home theater, wet bar, exercise room, sauna and rec rooms. Absolutely spectacular!

Tuesday, October 8, 2013

New Zionsville Listing!!!

This move in ready home has a large lake lot, big back yard with custom stamped concrete and great outdoor living space. Home features fully finished basement with home theater, wine cellar, wet bar and rec area. New tile backsplash and custom touches to kitchen, large master suite, hardwood floors, formal dining, office and window treatments. Walk to nearby schools, pool and playground. Convenient to Zionsville's parks, arts and entertainment and farmers market in the village. A must see in sought after Brookhaven.

Tuesday, September 24, 2013

Indianapolis Market Review: Sales Still Hot, But Pace Slowing Down

 
The August 2013 housing data released by MIBOR today shows that while sales activity is still strong – in the double digits – the rate of increase tapered off in August from the high spring and early summer activity. This is most apparent in the pending sales numbers. According to the MIBOR Monthly Indicators Report, the number of closed sales in central Indiana increased 22.2 percent in the three months ending in August 2013 compared to the same period of 2012. Closed sales rose 14.5 percent in August alone when compared to August of last year. Pending sales slowed more increasing by 12.8 percent for the month of August and 15.3 percent in the quarterly comparison. To balance that, the much-watched new listings figure keeps climbing. New listings increased by 15.9 percent in August and 15.8 percent for the three months ending in August.

Prices performed well with median sales price up 5.6 percent for the quarter, and up 6.2 for the month of August.  Average sales increased 3.5 percent in August and 4.1 percent for the quarter ending in August. The current average sales price in central Indiana is $171,860; median sales price is $138,000. Consistent with last two reports, months of inventory stands at 5.6 months.

Friday, September 20, 2013

Country Living on 7 Acres!!! Zionville Schools!!!

Set your eyes upon this fabulous home on seven gorgeous acres of country living close to town and Zionsville Schools. Immediately, you are greeted by the beautiful landscaped setting around the impeccably designed stone exterior home. The entry is graced by porcelain tile and a stunning rock waterfall. The main floor features a music room, his and her offices, and fantastic living room with surround sound. The main floor also boasts a second master bedroom or guest suite, in which residents have the luxury of walk out access to the back patio. Private in-law quarters can be found upstairs, complete with a kitchenette, master bath with porcelain tile floors and walls, a footed tub and walk in shower, and enormous walk in closet. Downstairs, a chefs dream kitchen comes complete with DCS six-top gas burner, griddle, and double oven, as well as beautiful vistas through its large windows. Outside, take in the lush grandeur of the property while relaxing or entertaining company on the perfect outdoor patio with an outdoor kitchen and amazing stone fireplace. Home also features a huge nine-car garage workshop with two car for regular parking. This gem of a home is a once in a lifetime opportunity!

Tuesday, September 17, 2013

Zionsville ~ Brookhaven Home For Sale

Popular Brookhaven's Harper model with gorgeous pond view has all the whistles and bells! Clarity collection Harper offers beautiful master suite on main floor w/walk-in shower & access to covered porch w/stone fireplace. Home features open floor plan, bullnose trim throughout, three car garage, stamped concrete walkway, central vacuum system, granite in kitchen & bathrooms, whole house humidifier & Kitchen Aid stainless appliances w/double convection oven. All this tucked back on a quiet cul-de-sac!

Zionsville Home For Sale!!!


Welcome home! Over 1.5 acres of land!!! Quality custom home features grand entry w/staircase leading to bedrooms, bonus room & in-law quarters w/nearby kitchenette. Main floor master features beautiful spa like master bath. Kitchen lends itself to island bar stool seating, breakfast nook or hearth rm. Sunroom off  nook invites natural light while providing access to large backyard.  Basement area is ready for entertaining w/full bar. Private brick front porch for dining al fresco or morning coffee!

2.5 Acres For Sale in Western Carmel!!!

Private 2.5 acre estate lot! Site zoned to build 1 residence and 1 detached barn/garage structure. Ground is connected to city water and sewer. Usable amenities from neighboring Claridge Farm. Located between West Clay and Claridge Farm.

New Construction Home For Sale in Zionsville!

Viewegh and Associates welcomes you home: Over 5300 square feet of high end finishes with a large family room, covered outdoor living space, a cozy hearth room with fireplace and built-ins, wood beams on the ceiling, large center island and formal dining space. Finished basement ready for home theater, bar, full bath and loads of entertaining space.

New Town Home Listing on Northside!!!

Wonderful opportunity for maintenance free living convenient to Starbucks, Trader Joes, Brebeuf and 86th street shopping. Two master suites, upstairs loft, private outdoor living space, two car garage, open kitchen, family room, new hardwood entry, soaring two story ceilings and loads of useful space.  Enjoy walking paths and wooded common space. Great location, great condition!   

Friday, September 13, 2013

3 Acres For Sale in the heart of Zionsville!!!

Private estate lot nestled in the heart of Zionsville. A once in a lifetime opportunity to be in walking distance from the Village, Zionsville golf course, trails and nature park, Azionaqua, and schools. This premier location is off the beaten path and sits alongside two other private estate lots with pond views, mature trees, and green space. Build your dream home with the builder of your choice and secure this fabulous location in a private yet convenient setting. 

Friday, September 6, 2013

September Zionsville Updates

220 Homes for sale
69 Homes sold in August
78 Average days on the market for sold homes in August
$425,000 Median price of homes currently for sale
$345,000 Median price of homes sold in August

Zionsville Indiana Real Estate

What to do this Fall? 


 Zionsville offers a plethora of exciting and fun events as fall approaches. We thought we’d highlight a few we think you should check out this September. These are events we’ve always enjoyed, especially as the temperature dips a bit and the leaves begin to turn.

 ZIONSVILLE FARMERS MARKET
The Zionsville Farmers Market is located at the corner of Main St. and open 8am-11am every Saturday morning in September. The Zionsville Farmers' Market is proud to bring you the best locally grown fruits and vegetables provided by Indiana farmers. The market offers a colorful variety of breads, pastries and cheeses from local food artisans and farm fresh meats and eggs.

 ZIONSVILLE LIONS FALL FESTIVAL
The Fall Festival is September 6-8th at Lions Park in Zionsville and is filled with local entertainment and performances, food, carnival rides, kid’s corner, bounce houses and vendors that include arts & crafts, commercial, kids and pets. For complete festival schedule, visit the Zionsville Times Sentinel.

 ST. VINCENT CANCER WALK
The St. Vincent Cancer Walk begins in Lions Park in Zionsville on September 21st. 100% of the funds raised at the Walk support programs, services, technology, equipment and research that help St. Vincent Hospital provide patients with the most personal, effective, holistic care from diagnosis through treatment. 

These are just a few of the fantastic events in Zionsville to start your fall. Hope to see you there!

Tuesday, September 3, 2013

Zionsville July Housing Numbers

JULY: 231 Homes for sale 66 Homes sold in July 59 Average days on the market for sold homes in July $385,000 Median price of homes currently for sale $320,000 Median price of homes sold in July

Friday, August 30, 2013

Stunning Zionsville Home ~ SOLD!!!

Water views! Gorgeous brick home sits on LARGE lot w/dbl size deck overlooking the pond. Home boasts 4 spacious bdrms including master suite w/luxurious bath, dbl sinks & walkin closet. Enjoy fam rm w/cozy frplc, den w/French drs & gourmet kit w/oversized center island & breakfast nook w/sliding glass doors leading to deck. Lower level offers full bath & incredible entertainment space. Walking distance to schools & amenities! Tucked down quiet street w/great space for playing & entertaining!

Have a great Labor Day Weekend!

Friday, April 26, 2013

Zionsville Home SOLD!!!

Beautiful Home in Zionsville Brookhaven SOLD!!!

Wednesday, April 17, 2013

New Zionsville Listing!!!

Superb Estate on over 10 acres of land; 6 spacious bedrooms, 5 car garage & lots of room to enjoy country living close to the city! Open floor plan features gourmet kitchen fully equipped for your cooking needs with granite counters, massive center island, stainless steel appliances, double oven & large breakfast room. Relax by the hearth room fireplace or enjoy the great room flooded with light, rich hardwoods, spacious lower level with daylight windows & wet bar. Dine Al Fresco & entertain guests on expansive back patio with firepit & pergola! A must see!

Wednesday, April 10, 2013

SOLD!!!

Gorgeous lot is the perfect backdrop for this stunning Zionsville home. Open floor plan boasts a spacious kitchen and family room overlooking acres of green, river rock fireplace can be seen while preparing dinner, command center and large walk in pantry are tucked away in the kitchen for convenience, oversized island provides great storage. Private library/den and master on the main floor. Screen porch overlooks 20x40 pool, hot tub, outdoor kitchen complete with refrigerator, grill and wonderful vistas for dining Al fresco. Walkout basement provides access to bar area with additional kitchen, home theatre, guest suit and exercise room. Upstairs bonus room with built-in entertainment center for extra entertaining space. This beautiful home is fully loaded and sits in premiere quiet Zionsville neighborhood.

New Zionsville Listing!

Former model home purchased & upgraded even more! High end: cabinets, hardware, appliances & lighting. Additional can lights, hand scrapped dark hardwood floors, stone fireplace with large stoup, crown on first floor, bead board in kitchen and laundry, rod iron spindles, FULL bath in basement, PLANTATION shutters throughout, IRRIGATION system, private outdoor sitting area with mature trees, front porch, EXTRA large storage in basement. Private office with French doors, new carpet, QUALITY, CHARM & comfort! PRICED TO SELL, A MUST SEE!!!

April Zionsville Updates

April Zionsville Updates 221 Homes for sale 35 Homes sold in March 103 Average days on the market for sold homes in March $364,999 Median price of homes currently for sale $324,900 Median price of homes sold in March “Offer Now or Forever Hold Your Peace” This was the title of a blog post recently featured Housingwire, a leading news source in the housing industry. The blog details the Dallas housing market and the circumstances REALTORs are encountering when representing buyers in the market place. “This is a sellers' market. The buyer no longer has the upper hand in this fast-paced, high demand market… To establish what is considered a 'fast real estate market,' Redfin defined it as having the most homes going under contract in 24 hours or less.” Although many homes are still on the market in Zionsville, we’ve seen a reversal of sorts when sharing homes with our buyers. Well priced homes in sought after locations are receiving multiple offers and selling quickly, maybe not overnight, but much more quickly than they have in the past 24-36 months. That said, we are advising our buyers to be aggressive in their offers and to move quickly if they find a house that they love. On the other side of the table sit many sellers still looking to sell their home or considering the sale of their home. If this is where you sit, be sure your home is priced appropriately and show ready – all things we can assist you in determining! For further information regarding your specific home, please give us a call. We’re happy to review current market statistics with you! 317-281-0347.

Friday, March 22, 2013

Greenwood Listing!

Beautiful four bedroom home sits on spacious lot with lush landscaping and in ground pool! Home features 2.5 baths, upstairs loft and two car garage. Large family room with cozy fireplace opens up to gourmet kitchen with Center Island, tiled backsplash, granite counter tops and ideal breakfast nook. Master suite includes walk-in closet and luxurious garden tub. Sliding glass doors lead to outdoor patio space which is the perfect place to relax by the pool or entertain guests!

New LAKE WAWASEE Listing!

Exquisite, fine living on Indiana's largest natural lake - Lake Wawasee. This 1,800+ square foot condominium features the best view of Lake Wawasee's sunset from the convenience of your lanai. Enjoy two slips for your boat, heated swimming pool and garage. A perfect, maintenance-free getaway just a short drive from Indianapolis and Fort Wayne.

March Zionsville Updates

March Zionsville Updates 216 Homes for sale 32 Homes sold in February 91 Average days on the market for sold homes in February $349,950 Median price of homes currently for sale $207,400 Median price of homes sold in February Buyers & Sellers by the Numbers Several times in this blog we’ve suggested that now is the time to list your home. And with Spring right around the corner, the recent market data we’ve seen, and our recent experience, we feel we must again echo this refrain! If you’re considering listing your home, now is the time to do so! First, March is a great month to get a jump on Spring buyers and sellers. Many serious buyers are shopping now, making it an ideal time to list your home.

Wednesday, February 13, 2013

New Listing in Zionsville!

Remarkable townhome in custom upscale neighborhood of Stonegate! Enjoy a gourmet kitchen with upgraded quartz counters, ceramic tile, stainless steel appliances, refrigerator, washer and dryer included. Beautiful master bath with custom walk-in shower. Gleaming hardwood floors in living room and dining room. Entry to 2nd floor opens to loft area and two spacious bedrooms. Great oversized outdoor area for dining Alfresco with pond view. Amenities include pool, basketball courts, workout facility and elementary and middle schools in walking distance!

SOLD!!!

Wonderful Home in Fishers ~ SOLD!!!

Monday, February 11, 2013

Zionsville ~ January Real Estate Update!

January Zionsville Real Estate Updates 199 Homes for sale 33 Homes sold in January 118 Average days on the market for sold homes in January $354,990 Median price of homes currently for sale $362,000 Median price of homes sold in January Zionsville By the Numbers Each month we detail statistics for home sales in Zionsville and we thought we’d detail the statistics for the Zionsville community as a whole. Zionsville has one of the most highly educated populations in Indiana along with a very enviable quality of life. We love it here! And would recommend our city as a great place to live, work, visit or play. Zionsville Location – 8 miles northwest of Indianapolis Access Points – I-65 to the west, US 421/I-465 1 mile south County Population – 2010 Census (56,640) Consolidated Land Mass – 2010 Census (apx. 52 sq. miles) Consolidated Population – 2010 Census (24,334) Population – 2010 Census (14,160) 61% increase from 2000 Population density of Zionsville was 1,512.9 people per square mile Educational Attainment – 2010 Census (66% w/Bachelor Degree or higher) Median age – 2010 Census (39.6) 45.5% of households in Zionsville (2010 Census) have children below the age of 18 The majority (31.7%) of Zionsville’s population is younger than 18 Per Capita Personal Income – 2010 Census ($56,643,) Indiana ($34,044) Median Household Income – 2010 Census ($108,440), Indiana ($47,465) Median Home Value – 2010 Census ($352,800) For further information regarding you specific neighborhood, please give us a call. We’re happy to review current market statistics with you! 317-281-0347.

Tuesday, February 5, 2013

New Zionsville Listing in Willow Ridge!

Gorgeous lot is the perfect backdrop for this stunning Zionsville home. Open floor plan boasts a spacious kitchen and family room overlooking acres of green, river rock fireplace can be seen while preparing dinner, command center and large walk in pantry are tucked away in the kitchen for convenience, oversized island provides great storage. Private library/den and master on the main floor. Screen porch overlooks 20x40 pool, hot tub, outdoor kitchen complete with refrigerator, grill and wonderful vistas for dining Al fresco. Walkout basement provides access to bar area with additional kitchen, home theatre, guest suit and exercise room. Upstairs bonus room with built-in entertainment center for extra entertaining space. This beautiful home is fully loaded and sits in premiere quiet Zionsville neighborhood. Welcome HOME!

Thursday, January 31, 2013

New Listing in Zionsville's Stonegate!

Townhome w/basement! These townhomes offer almost 3,000 sqft of living space. 2 bedrooms up & a finished basement w/3rd bedroom! Granite countertops, stainless steel appliances, hardwood floors & private patio! Stonegate offers the convenience of small town living in Zionsville! Elementary & Middle school in the neighborhood, walking paths, indoor basketball court, meeting house, pool, general store, Tap room, & Grill!

Tuesday, January 22, 2013

2012 AWARD!!!

Congratulations to Tracy Wright Team and their achievements in 2012! Tracy and her team received the Distinguished Service Award as Encore Sotheby’s International Realty’s top selling team.

Year-End Market Review: 2012 Turned a Corner!

The year-end 2012 housing data released by MIBOR today shows a significant and welcome increase in closed and pending sales in central Indiana compared to 2011. The number of closed sales in central Indiana increased 18.5 percent in 2012 over 2011. Closed sales rose 26.9 percent in the three months ending in December 2012 when compared to the same three-month period last year. In December alone, closed sales increased by 13.4 percent. Pending sales increased by 23 percent in the three months ending in December and 16.4 percent in the one-month comparison. For the year, pending sales increased 14.9 percent. Gains in activity were seen month after month through 2012 and prices remained stable. Median sales price for the year increased 3.6 percent over 2011. Average sales rose 3.3 percent for the year. Inventory stabilized to 7.4 months.

New Listing in Zionsville's Brookhaven!

One of a kind 'Evanshire'w/loads of upgrades on cozy wooded lot w/ irrig, play set & fort! Fabulous open flr plan w/5 bdrms & 5 bthrms. Exquisite 2story river rock stacked frplce is backdrop to lovely 2story GR, oversized granite kit island, cozy scrnd porch, 5th bedroom/full bath on mn floor could be office, fnshd bsmt w/surr sound theatre scrn & equip included, rough in for bar, LARGE master suite w/great shower & walkin closet, epoxied garage w/4th bay for storage & builtins! Priced to sell!!

New Listing in Zionsville's Stonegate!

Functional floor plan boasts main floor master, as well as main floor guest en suite, fully finished daylight basement with wet bar and potential mini kitchen, full bath and built-ins. Finished area above garage with natural daylight, built-in bookcases, and loads of attic storage. Two story office on main floor showcases ceiling treatment with beams and tall built-in bookcases. Hearth room or kitchen nook overlooks low maintenance yard with covered patio for outdoor enjoyment. Irrigation in front.

Friday, January 11, 2013

Zionsville Market Update

January Zionsville Updates

188 Homes for sale
47 Homes sold in December
127 Average days on the market for sold homes in December
$375,000 Median price of homes currently for sale
$339,900 Median price of homes sold in December

Reviewing 2012
In reviewing the 2012 Zionsville real estate market, we are again pleased with the consistent growth and improvements in the market.  We’ve reviewed several indicators, including average sales price, number of homes sold, as well as new construction volume in Zionsville.  Homes sold in 2012 increased by 27% over 2011, marking a further growth in the market. 
 
This steady increase in sales price indicates a steady and sustainable growth in the housing market in Zionsville.  Further 131 new construction permits were filed in 2012 in Zionsville accounting for almost 25% of the homes sold in Zionsville.  This points further to the continued growth of the Zionsville housing market. 

For further information regarding you specific neighborhood, please give us a call. We’re happy to review current market statistics with you!  317-281-0347.