MAY 2023 | MARKET REPORT

MAY 2023 | MARKET REPORT

  • Matt McLaughlin
  • 06/19/23

In reviewing several markets, it appears that there are more homes available for sale than in months past. Months of available inventory is above 1 month in nearly every market reviewed, apart from Carmel, which is just a tick below the 1-month mark at .95 months. Additionally, we see an increase in time on market for nearly every market, except for the Washington Township Luxury Market where homes sold about 4% faster than this time last year.

 

For a detailed analysis of how these numbers may impact the value of your home, please call Matt today. 

 

Data collected 6/19/2023 from MIBOR. Data range 5/1/2023-5/31/2023.

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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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