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About Boone County, IN

Zionsville Real Estate Market Report for January, 2012

03-12-12
Mike Woods
Mike Woods: Real Estate Brokerage in Indianapolis, IN

Another bright spot was that the total number of homes for sale in Zionsville fell 4.3 percent in January compared to the previous month—a very welcomed change to be sure. Compared to last January’s total of 248, however, this represents a net increase of 8.9 percent. In comparison, there was a 2.4-percent drop in the number of Indianapolis homes for sale versus the previous month, and a 17-percent decrease versus January of 2011. Finally, from November of 2011 through January of 2012 there were, on average, a total of 283 listed on the Zionsville Indiana market, or 4.8 percent more, compared to this same quarter 1 year ago, when the average was 270 per month.

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Zionsville Real Estate Market Improves Slightly in December, 2011

01-23-12
Mike Woods
Mike Woods: Real Estate Brokerage in Indianapolis, IN

zionsville indiana real estate data chart - December 2011

While the total number of Zionsville homes for sale fell 5.4 percent in December, compared to 1 year ago there were 4.8 percent more homes on the market in Zionsville Indiana. In way of comparison, there were 8.4 fewer homes for sale in Indianapolis Indiana.

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Redesign Or Staging

Coletta Payne: Real Estate Agent in Zionsville, IN

As a Realtor, it's important to educate your client on staging. When the client's home is empty, we often purchase things to stage the home or hire a stager. Home Staging is about illusions and making the home seem lighter, bigger, etc. Why not take it a step further and talk to your client about a redesign. The term indicates something new and gets the seller in an excited state of mind.

Redesign is using what your client already has in their home and updating it with some new accessories, rugs, throws, paint, and artwork. The idea is to give the existing space a whole new look using what your client already has. The results will be dramatic and will make your client excited.

Zionsville Sees 17.3-percent Increase in Number of Homes Sold

01-09-12
Mike Woods
Mike Woods: Real Estate Brokerage in Indianapolis, IN

zionsville indiana real estate data chart - November 2011

While there were 4.1 percent fewer Indianapolis houses for sale in November compared to the previous month the Zionsville real estate market went the opposite direction as there were 298 homes on the market in November versus the previous month’s total of 296. Compared to November of 2010, when there were 294 homes listed for sale in Zionsville Indiana this is a very slight 1.4-percent increase.

View the complete, original article here.

Existing Homes Sales Climbing in Indiana

Coletta Payne: Real Estate Agent in Zionsville, IN

As home prices continue to increase and stabilize throughout Central Indiana, buyers and sellers are looking at the market more positively. In October, existing homes sales rose to 13.2 percent from October of last year. In the thirteen counties that surround the Indianapolis metro, Hendricks county saw the largest jump in sales. Boone county was second, followed by Hancock county, Hamilton county, and Marion county.

The great news is that last month represented the fourth straight month in growing sales numbers. Additionally, the median house price in the Indianapolis metro was up by 3.2 percent from the prior year.

Whether home sales and values in the Indianapolis area will continue to grow will depend largely on Indy's employment market. Luckily, Indianapolis is one of America's most affordable cities. It's affordability coupled with a lower unemployment makes Indy a great place to live.

According to CNBC, Indy has moved from a manufacturing-based economy to a more diverse one that includes health care, retail, and social services. CNBC says Indy has momentum and growth will be expected in the life sciences and logistics sector.