MIBOR released its 2013 Indianapolis housing data today and it shows a very strong month for July 2013 and for the 2nd quarter 2013. New listings in the area show increase of 15.8 percent ending in July 2013 that is a prior year increase of 4.2 percent from same time in 2012. Pending sales are also up to a staggering 18.5 percent from the prior year ending in July. The median sales price in the Indianapolis Real Estate market has increased 7.3 percent to 144900 compared to the previous year. The report shows that active listings have decreased 11.9 percent from the previous month which again shows that inventory levels are down and right now is a good time to list your home.
Mibor released on Friday their final report for foreclosure numbers for 2012. They reported that 22.7 percent of all closed sales for 4th quarter 2012 were foreclosures and that 20.4 percent of all new listings for foreclosed properties. Foreclosed sales have increased 55.1 percent over same period in 2010. They also noted a drop in foreclosed listings of 13.4 percent over last two year period. It appears that prices are going to continue to rise in the Indianapolis Real Estate market and that we are trending upward which is good news for all of us.
With the kids comfortably settled into a new school year, the beautiful Indiana foliage turning the landscape a stunning orange-red hue, and the crisp, frosty mornings of autumn crunching beneath your feet, it’s the perfect time for you and the family to enjoy all that Indiana Fall Festivals and Fairs have to offer.
Nothing says autumn in Indiana like a good old fashioned hay ride through a corn maze. Strap the kids in the car and head on out to Pumpkinfest at The Country Market just north of Indianapolis in Zionsville. Every weekend in October offers the chance to enjoy live bluegrass and mountain music, sample some fresh country cider, get up close and personal with a farm animal or two, or decorate a pumpkin.
If you’re looking for a unique way to view the autumn color, consider taking a historic train ride through the Hoosier National Forest on the French Lick Scenic Railway at the Indiana Railway Museum. Highlights include the 2200-foot Burton Tunnel, magnificent limestone rock cuts, and of course, the natural beauty of the Hoosier National Forest. Get out there and enjoy everything that autumn in Indiana has to offer before the snow flies!
No car, no problem! Appreciating the autumn season doesn't have to involve treks out of the city. If you’re a people person, organizing a neighborhood pie bake-off is a great way to experience an old-fashioned community get-together, learn some new recipes, and of course eat some pie. Traditional apple and pumpkin recipes are mainstays on the autumn pie menu, but don’t forget to try out less popular varieties using pears, squash, sweet potatoes, dates, and nuts.
Get crafty this autumn with a kids fall art party. Pine cones and leaves are everywhere, so you may as well put them to good use. Get your kids to round up the most beautiful leaves, pine cones, small sticks, and acorns that they can find, and glue them onto a foam or wire wreath frame to adorn your front door. (You can find wreath frames at your local craft store.) Other popular activities include making autumn bird feeders by spreading peanut butter over pine cones and then rolling them in birdseed, or the time honored tradition of carving jack-o-lanterns in anticipation of Halloween!
Located just north of Indianapolis, Carmel is considered one of the most desirable places to live in Indiana. With a population of nearly 80,000, this Indiana suburb is home to award winning schools, excellent dining and shopping, and thriving businesses. One of the most affluent areas in Indiana, Carmel has been ranked one of the best places to live in the United States by both CNN Money Magazine and CNBC.
Carmel is one of the fastest growing cities in Indiana, and the people who are moving here tend to be young and successful. City officials attribute the population growth over the last several years to Carmel's low property taxes, charming character, great schools, and excellent quality of life. Specific aspects of the town that contribute to its wonderful livability include an exceptional parks and trails system, the Carmel Arts & Design District, a brand new Center for the Performing Arts, and a focus on local business.
Residents of Carmel enjoy a wide variety of opportunities for fun. Spend a day in Central Park, a 161 acre park with miles of trails for cycling and hiking, natural wetlands, a fishing lagoon, a skate park, and more. The park also offers seasonal events throughout the year for families to enjoy. After the park, head to the Carmel City Center, a collection of diverse shops, fine dining, nightlife, and entertainment all located near the Center for the Performing Arts. This center includes a 1,600 seat concert hall, a 500 seat proscenium theater, and a 200 seat black box theater.
Desirable Homes at Affordable PricesConsidered one of the most affluent areas in Indiana, homes in Carmel have significantly higher value than other Indiana real estate. Part of why Carmel is considered such a desirable place to move to is that homes are currently at near-bottom prices and are expected to rebound in the coming years. Trulia reports that the current average listing price for a home in Carmel is just under $450,000, and the median sales price is $150,800.
A large number of homes are currently for sale in this area and any Carmel real estate agent will tell people that it is a buyer’s market. If people are looking to purchase homes in this community, working with a Carmel realtor will help them identify properties that suit their specific buying needs. Sellers will also find it advantageous to work with an experienced Indianapolis realtor hat is familiar with this city’s demographics and real estate trends. To learn more about Carmel, Indiana, people are encouraged to contact an Indianapolis real estate agent with RE/MAX Advanced Realty by calling 317.298.0961.
In 2011, CNN Money ranked Brownsburg as the number one place to live in the state of Indiana. Out of one hundred cities in the United States, the news outlet listed Brownsburg as number fifty five that same year. According to CNN Money, the factors that led to such a high ranking for this Indianapolis real estate hot spot were short commute times, excellent schools, and low crime rates which are also major pluses for both area buyers and sellers.
Located in Hendricks County, Brownsburg had a population of 21,285 in 2010 according to figures reported by the U.S. Census Bureau. This marked a significant increase as 14,520 residents were recorded back in 2000. Over the years, more and more people have been drawn to Brownsburg real estate. In fact, between March and May of 2012, the average number of closings increased by 15.2% compared to 2011. In July 2012, Trulia reported that the average price for residences in the area increased to $203,780. The cost per square foot also went up by 1.4% to $72 compared to the same time period in 2011. These statistics show an improvement in the area’s market conditions.
Many factors draw people to this unique Indianapolis town, but one major selling point is Brownsburg schools. The public schools in this area are part of the Brownsburg Community School Corporation which is comprised of two high schools, two middle schools, and six elementary schools. Additionally, there are two private schools for those interested in this type of education. It is important to note that the schools in Brownsburg continually rank in the Indiana’s top quartile, making this town a great place to live for families with children of all ages.
One favorite past-time of Brownsburg residents is auto racing as the town is home to O’Reilly Raceway Park. Numerous NASCAR events are held annually and the Park hosts weekly drag races. Aside from residents’ need for speed, community dwellers also have access to over 160 acres of park land and entertaining recreational programs. Brownsburg.org reports that in 2011, 3,000 people registered for recreational programs and 10,000 took part in exciting events and outdoor activities that are part of the park system. Aside from scenic parks and pulse-pounding auto races, locals also have easy access to golf courses, delicious eateries, a great nightlife environment, and more.
Those who are anxious to learn more about real estate in Brownsburg should contact RE/MAX Advanced Realty by calling 317.298.0961. Their team of experienced Indianapolis realtors can offer information to interested buyers and assist sellers looking to list their homes on the market.
Indianapolis, the bustling capital of Indiana, is a wonderful place to call home. It is the eleventh largest city in the United States, and yet somehow, Indy is able to retain a hometown charm that makes it one of the most livable major cities in the country according to Forbes and Livability.com. With a great downtown area full of restaurants, shopping, museums, and art galleries, Indianapolis has all of the appeal of a major city while maintaining the Hoosier spirit of friendship and camaraderie.
People from around the globe flock to the Indianapolis Motor Speedway for the biggest, single-day sporting event in the entire world. The Speedway is over one hundred years old and is home to the Indy 500, the Brickyard 400 NASCAR Sprint Cup Series, and the Red Bull Indianapolis GP MotoGP race. Combined, these races make Indianapolis the home of racing. And if fast cars aren't of interest to you, the capital city has a wide variety of other sports and recreation available for adventure seekers and families alike. People can head to one of the cities numerous parks to ride their bikes or enjoy one of the cities pristine golf courses. Residents can also take in a horse race, cheer on the Colts at Lucas Oil Stadium, or head downtown to root for the Pacers at Bankers Life Fieldhouse.
Indianapolis is a growing city, and part of the draw to this metropolitan area is the wonderful range of cultural events, restaurants, museums, and opportunities for family fun. The city's great downtown area alone has over two-hundred retail shops, thirty-five hotels, and almost three hundred restaurants. The area also has numerous sports venues, nearby casinos, and numerous museums, including the Children's Museum of Indianapolis, the Indiana State Museum, and the Indianapolis Museum of Art.
Indianapolis real estate is currently very affordable. According to Trulia, the average listing price of a home here is a little over $160,000 and the median sales price is almost $76,000. Any experienced Indy realtor will tell people that now is a great time to buy because home prices are extremely low and are likely to begin regaining value over the next few years. Mortgage rates are also at an all-time low, making buying a great Indianapolis area home more affordable than ever. Buyers that are interested should speak with an Indianapolis real estate agent at RE/MAX Advanced Realty by calling 317.298.0961 to learn more about properties in this flourishing city.
Nestled in the heart of Washington Township, Avon, Indiana is roughly 14 square miles. However, even though this community is smaller in size compared to surrounding areas, it is still prime spot for Indianapolis real estate. Avon, once known as Hampton, New Philadelphia, Smootsdale, and White Lick, is growing rapidly. Back in 2000, the U.S. Census Bureau reported that this community had a population of 6,268 people. Ten years later, that figure nearly doubled with the U.S. Census Bureau recording 12,446 residents.
Avon has the warmth of a small town, but all the conveniences of a larger city. In this area, there is no shortage of major retailers. Residents have easy access to Target, Wal Mart, Barnes and Noble, and a few Starbucks. There is also no shortage of great restaurants. Whether people are in the mood for a mouth-watering steak at Charbonos or ice cream on a hot day at Frost Bite, they have plenty of satiating options to choose from.
This particular area of Indiana is also quite scenic. For example, Avon Town Hall Park is over 82 acres and has a plethora of walking trails, a lake and two ponds for fishing, and even an 18 hole golf course. Families with children will also appreciate that the park has a total of three playgrounds. The largest park in Avon, Washington Township Park, also has playgrounds, shelters, fun bike trails, basketball courts, and more. With so much variety, both indoor and outdoor enthusiasts will love the activities and amenities of this growing community.
Avon is home to amazing schools and the infamous Avon High School marching band which is recognized nationally. The public schools in this area are part of the Avon Community School Corporation system which is comprised of two high schools, two middle schools, two intermediate schools, and seven elementary schools. Those looking for private education can choose from Kingsway Christian School (grades K-8) and Our Shepard Lutheran School (grades K-8).
According to Trulia, the average listing price for a home in Avon is currently $206,426 and there are just over 600 homes for sale. The average price per square foot has increased over the past year to $83, showing that real estate in this area is in-demand. Those who are interested in learning more about Avon are encouraged to contact an experienced Indianapolis realtor at RE/MAX Advanced Realty by calling 317.298.0961. Whether buying or selling a property, the company’s knowledgeable team of realtors can be of great assistance.
8313 W. 10th St
Indianapolis IN 46234
dennis@indyhomepros.com
317-316-8224