Broad Ripple Village Real Estate Market Info
Following is the market report for the area known as Broad Ripple Village as of March 1st 2010.
There was a significant increase in the number of sold listings between January (3) and Februrary (8). Februrary also saw an increase in the number of active listings. Let's hope that's an indicator of consumer confidence in the local market. Spring is just around the corner which will also bring a flurry of activity to the market.
The extension of the Tax Credit for New Home Buyers (or those that haven't owned in 3 years) in addition to existing homeowners being able to receive a credit will hopefully keep the positive activity flowing.
| Current Active Listings | 68 | Min Price: $89,900 | Max Price: $489,900 | 20 Condo, 48 Single Family |
| Pending Listings | 14 | Min Price: $75,900 | Max Price: $234,900 | 1 Condo, 13 Single Family |
| Sold in the month of February | 8 | Min Price: $106,500 | Max Price: $350,400 | 0 Condo, 8 Single Family |
| Sold Previous Year (2009) | 10 | Min Price: $90,000 | Max Price: $220,000 | 1 Condo, 9 Single Family |
Broad Ripple Village is bound by Kessler Boulevard East Drive on the south, North Meridian Street on the west, the White River on the north, and North Evanston Avenue on the east
Broad Ripple Village is an area that is the perfect combination of old and new. Here you'll find homes built anywhere from the 1800's to current date. Broad Ripple has something for everyone with great restaurants, shopping, entertainment, and an emphasis on being active and healthy.
For more information on Broad Ripple and all that it has to offer, please visit the Broad Ripple Village Association home page.
Please feel free to contact me with any questions you may have about the area, the tax credit, or if you'd like me to send you the current active listings in the area. I look forward to hearing from you!
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