2022 Year End | Market Review

2022 Year End | Market Review

  • Matt McLaughlin
  • 01/10/23

2023 is already off to a fast start with 2 new listings and 3 homes under contract on the books already for Matt McLaughlin & Associates. But before we dive too deep into the new year, we wanted to take a quick look back at the numbers for 2022.

In nearly every market reviewed, we saw gains in average sales price with the exception of Meridian Hills and Williams Creek areas. Additionally, most communities showed a decline in transactions. This decline is likely a symptom of a constrained inventory, with all markets below what is considered a balanced market of 3 months of available homes. On average homes are still selling in 1-2 months.

Now, as we look forward to 2023, we are anxious to help you with your real estate needs. Call Matt today to understand this current market and how we can best assist you.  

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Matt McLaughlin & Associates is well-versed in the value of real estate in and around Indianapolis. They recognize that purchasing or selling a home is one of life's most significant transactions. The team places a high value on maintaining open channels of communication and maintaining strict confidentiality at all times. To handle your real estate needs, contact the Team.

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