Indianapolis Market Update---April 2021

[Mike D'Arrigo]

The data below is from the MIBOR Realtor Association for Marion County, IN. It shows that the Indianapolis real estate market continues to be hot through April. Inventory is low and prices are up. 

Median home prices were up 13.0% in April year on year. Pending sales were up 43.6%. Active inventory is down 39.7% however, 49.7% which may begin to ease the upward pressure on prices. 

[Mike D'Arrigo]

Originally posted by @Logan Sanford:

@Mike D'Arrigo Thank you for sharing this insight! Definitely highlights some of the key data behind this hot market in Indy. 

You're welcome Logan. We've been active in Indianapolis for 10 years and this is the hottest I have ever seen it.