For this report we looked at the active, pending (in escrow), and sold stats for Marion, Johnson, and Hamilton Counties for the week of June 30th to July the 6th.
Marion County was the county having the most properties offered for sale during that week. There were 389 properties listed with an average list price of $129,680. Washington and Lawrence Townships were the leading townships with 62 new listings each. The average list prices for Washington and Lawrence Townships were $218,531 and $213,983 respectively. During that same week, the entire county had 189 properties having an accepted offer (pending sale, in escrow) with an average 67 days of time on the market. 335 other listings closed that week.
Hamilton County had 176 homes entering the market that week. The average list price for Hamilton County was $299,368. Clay Township had the most properties offered for sale through the local BLC. The average list price for Clay Township that week is $322,314. Clay Township led the county with 44 new listings. Noblesville followed with 41 new listings. The average list price for Noblesville was $289,037. During this time Hamilton County had accepted offers on 100 properties (pending sale, in escrow) with an average marketing time of 66 days. 194 made it to the closing table.
Johnson County had 67 new properties entering the market through the local Central Indiana BLC. The average list price during this time was $231,843. Pleasant Township had the most new listings with 25 and White River Township is following with 22 new listings. Pleasant townships average list price that week was $124,680 and White River Township was $263,185. Johnson County had 38 accepted offers (pending sale, in escrow) after 105 days of marketing. 58 properties closed during that week.
For more detailed information on sales within your area contact the Settle Team for more information.
Urban renewal is becoming more and more popular. Most of the people moving back in to the urban areas are baby boomers and executives with some free time on their hands. For this reason most of them are choosing to live in a condo. The trend of turning former apartments or an old factory in to condos has helped to turn around some of the urban areas. You can find great homes for reasonable pricing or a top notch location for a higher end price.
In one of my blogs I discussed how to
Another thing to look for in your policy is liability coverage that covers not only accidents, but also assault and battery. Regardless of how much we like our neighbors, friends, and family, when we invite them over to our home they may bring with them their personal life we might not know about. If they decide to duke out their disagreement on your front lawn you could be liable for damages or injuries they sustain. You need to make sure you are covered.
When you build your own home with a builder there are a few things you need to take into consideration before you start. For example, Do you just use a builder layout and style or do you plan on making changes to this plan? If you do plan on making changes, keep in mind that this might add to the building cost of the home. Making these kinds of changes would mean you are moving from a builder speck home type of arrangement to the custom built type and many times that will add time, labor, and building material cost to building your dream home. An example of making changes to the builders plans is upgrading some of the features compared to the features a builder is offering in their speck homes. Things like kitchen, flooring, countertops, bathroom, windows, and bathrooms. Anytime you make changes to builder’s speck home plans, whether inside or out, there will be a higher cost to building the home.
Many of us are still working through the aftermath of a short sale, foreclosure, or some other financially devastating event. Rather than buying another house you need to rent till you get back on your feet.