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August 12 2009

Homes for Sale - Indianapolis Market Conditions July 2009

by brook

Indianapolis: Known for basketball, racing, and…low home prices?

It’s true! Indianapolis is the latest major city to record incremental decline in median home prices week-over-week in recent months. As buyers most likely know, this primes the market in their favor! According to HousingTracker.net, the median prices of homes for sale in Indianapolis steadily dropped in the following manner this summer:

Inianapolis Housing Market

2009-07-13: $149,000
2009-07-20: $149,900
2009-07-27: $148,500
2009-08-03: $147,900
2009-08-10: $146,900

With only one slight increase in the second week before inching back down, Indianapolis market conditions were great for buyers during July; and, so far, in August as well. What types of homes are available? To learn more about current home listings in Indianapolis, do some online searching and meet with a qualified agent.

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