The Central Indiana February 2021 Market Report, published by the Hoagland Group is hot off the press! Click “full screen” on image below to check out all the details in an easy to read format. Be sure to reach out if you have any questions or would like statistics for a different area!
Our Thoughts on February 2021
The February 2021 real estate market continued to move briskly and inventory remains extremely low making it a great time to sell and a challenging time to find a new home, yet interest rates are still in the 3% range, keeping it affordable to buy too. We thought homes were flying off the market last year, but from reviewing the current statistics, with the exception of Downtown Indy condos, all areas are selling more than 55% faster than they did in February 2020 and prices are up too! We continue to offer “out of the box” strategies to help both our buyers and sellers win. Here are some of the highlights for February in popular Indianapolis areas and surrounding communities.
Highest Median Sold Price: Carmel $439,000
Largest Price Increase: Greenwood rose 42.2% compared to February 2020
Lowest Inventory: Brownsburg with 5 active listings and 0.1 months supply
Most Affordable: Perry Township with median sold price of $190,000
The Hoagland Group offers unique strategies for buyers and sellers that work in this fast paced market. We are helping more buyers win their dream homes and more sellers increase the odds of receiving multiple offers, ensuring the highest possible sales price and best terms. Transitioning between 2 homes continues to be the biggest challenge and we have multiple strategies for this too, including partnering with lenders who offer special financing programs to assist with this. How can we help you?