May 2024 | Market Review

May 2024 | Market Review

  • Matt McLaughlin
  • 06/7/24

For the first time, ALL of the markets we reviewed offer more than 1 month of inventory compared to May’s sales volume. The change in average sales price was less consistent with some markets remaining flat while others jumped up – Washington Township Luxury Market - or down - Westfield. The trend of longer time on the market for most homes remains true in May.

For Matt Mclaughlin & Associates, May was a busy month, with 10 new listings, 14 homes under contract, and 13 homes sold. To understand how we can best assist you in your next real estate transaction, call Matt today.

Data gathered 6/6/2024 from MIBOR. Data included 5/1/2024-5/31/2024.

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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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