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August 2022 | Market Report

August 2022 | Market Report

  • Matt McLaughlin
  • 09/14/22

As the year progresses we continue to hear more discussion of a "shifting market", and while there are broader market trends impacting much of the country it is essential to remember that real estate is always local. With that, we continue to keep an eye on the markets that we work in day to day. In our local markets, we saw more mixed results than in months past with less consistent year-over-year increases or declines. Fewer homes for sale continue to drive the number of homes sold down and the average sales price up in most markets we reviewed. Take a look at the numbers below.

All data was collected on 9/14/2022 from MIBOR. Data range utilized: 8/1/2022-8/31/2022.

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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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