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JULY 2023 | MARKET REPORT

JULY 2023 | MARKET REPORT

  • Matt McLaughlin
  • August 14, 2023

The last 45 days have been busy, and we are late to get July numbers out! In reviewing the neighborhoods and communities as we have in the past, we see a contraction in transactions, a slowing of the timeline of sales, and an increase in sales price in nearly every market. Meridian Kessler remains an outlier with an 18% increase in transactions, an 11% increase in average sales price, and homes selling on average 2 days faster than last year. For most buyers’ agents, the inventory feels more constrained than the current numbers. We still have many buyers seeking homes.

Washington Township July 2023 market review: 168 homes sold, $392k average price, and 18 average days on market.

Meridian Kessler July 2023 market review showing housing statistics over a two-story home.

Butler-Tarkington July 2023 market review: 8 homes sold, average price $469,000, average 38 days on market.

July 2023 Meridian Hills and Williams Creek market review with home sales, average price, and days-on-market statistics.

Washington Township luxury market infographic with July 2023 home sales, prices, listings, and market time.

Carmel July 2023 market report: 156 listed, 204 pending, 152 sold, $721,000 average price, and 26 days on market.

Westfield July 2023 market review: 232 homes listed, 202 pending, 126 sold, $518k average price, and 27 days on market.

Chatham Hills July 2023 market review with housing statistics over a photo of a white-brick home.

If you are considering the sale of your home this year, please Call Matt. With decades of experience, he is best equipped to help you sell or purchase your home.

 

 

Data Collected 8/21/2023 from MIBOR BLC
Dates Reviewed 7/1/2023-7/31/2023

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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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