September 2023 | Market Report

September 2023 | Market Report

  • Matt McLaughlin
  • 10/18/23

For the first time in recent memory, the inventory of available homes is appearing more balanced in many markets and in some cases more favorable for buyers. Other than in Westfield, we see a decrease in homes sold as compared to the same period last year. New construction is likely a factor in Westfield’s continued growth. While transactions in Meridian Kessler declined, the area remains steady with a 12% growth in average sales price and little change in time on the market.  Both the luxury market and Meridian Hills + Williams Creek Markets currently offer 5 and 3 plus months respectively of available inventory making this an interesting time to look at those higher-end homes.

For more information on the current market and how it may impact your home's current value, Call Matt today.

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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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