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.

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!

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!   

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. 

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

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!

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