"In November, home prices fell slightly from the month before, with a median listing price of $263,250. The number of listings on the market remained practically unchanged from last month, but it is a bigger increase than normal for this time of the year in Indianapolis, and homes are also selling slower than at the same time last year. Home prices in Indianapolis"
"Typically, home price per square foot in Indianapolis tend to fall in November. And the most recent data shows that the price per square foot decreased by 1.2% compared with the month before. So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 1.2%, which means price changes in Indy are keeping pace with the national market."
"In November, there were 2,816 homes for sale in Indianapolis, which was 0.6% more than the month before and 22.5% more than the same time last year. Meanwhile, active inventory across the nation fell by 2.5% from last month to 1,072,266. Time on market Homes in Indianapolis take an average of 56 days to sell, according to November figures. This is five days more than the previous month and four days more than the same month last year."
Median listing price in Indianapolis slipped to $263,250 in November. Price per square foot in Indianapolis decreased 1.2% month-over-month, matching the national change. Inventory in Indianapolis measured 2,816 active listings, up 0.6% from the prior month and up 22.5% versus last year, while national active inventory fell 2.5% to 1,072,266. Homes in Indianapolis averaged 56 days on the market in November, five days longer than the prior month and four days longer than the same month last year. Nationally, homes averaged 64 days on the market in November.
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