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Andrew Neal's Blog

By Andrew Neal | Agent in Fishers, IN

Indianapolis Luxury Real Estate Report 2009-2011


The luxury Real Estate market in Indianapolis and surrounding suburbs has been improving over the past few years.  In the past two years the inventory levels of homes has gone down 22.2% and the homes under contract(sold) has gone up 33.8%(according to the Metropolitan Board of Realtors)!    What does this mean for the luxury homeowner or potential luxury homebuyer?   When inventory levels go down and sales go up prices will likely follow!    Now is a good time to buy a luxury home and it is also a great time to sell with lower inventory levels!

Call or email The Andrew Neal Group at Century 21 Scheetz, Luxury Real Estate Experts today at 317-814-5530 or aneal@c21scheetz.com to sell your home or to have us represent you in purchasing a luxury Indianapolis, Geist, Fishers, Carmel, Zionsville,  and surrounding areas home!

Inventory levels of homes over 500k are down 22.2% since 2 years ago!

 




 

 

Homes under contract(sold) are up 33.8% since two years ago!

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