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Broad Ripple Village Real Estate Market Report, Indianapolis IN, July 2009 Data

By
Real Estate Agent with Keller Williams Indy Metro Northeast

Broad Ripple Village Real Estate Market Info

Following is the market report for the area known as Broad Ripple Village as of August 10th 2009. Things were looking up in July over June as the sales were up; however, the number of pending listings was cut in half.

GOOD NEWS!!!  The number of sales in July 2009 (24 sold) was over double the number of sales for July 2008 (10 sold).  We've finally hit a month that actually saw an increase in sales over the previous year for the same month.  Let's hope this trend continues...

Current Active Listings 72 Min Price: 109,900 Max Price: 489,900 17 Condo, 55 Single Family
Pending Listings 13 Min Price: 104,900 Max Price: 290,000 1 Condo, 12 Single Family
Sold in the month of July 24 Min Price: 127,500 Max Price: 261,500 2 Condo, 22 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 or if you'd like me to send you the current active listings in the area. I look forward to hearing from you!

Search homes currently on the market

My website
Call me at 317-889-1111 or email me at chandasellsindy@sbcglobal.net 

D B
Quakertown, PA
e-PRO, Realtor - Bucks County PA - 610-952-3578

Best wishes with your newest listing!great on line presentation!

Don

Aug 10, 2009 12:08 PM
Linda Jandura
Raleigh Cary Realty - Apex, NC
Realtor, North Carolina Buyer & Seller Specialist

First time I've heard that sales are up over last year. Great news! I like the looks of your post- information is very easy to read. Good job for your area Chanda.

Aug 10, 2009 01:16 PM
Suma Kakani
Northern IL Realtor - Keller Williams Success Realty - Prairie View, IL

chanda , very nice post on your local market trends. I like the way you presented it , excellent info but very precise and easy to read for clients  and even agents too than a veeeeeerryyyyyyyyyyyyyyyyyyyyyyy huge post with tons of information and no one has time to read .

I have seen many blog posts, great information on local markets but the "MAIN" info is lost some where in that so long post.

Good one . keep up the good work.

 

 

Aug 11, 2009 04:18 AM
Chanda Barrick
Keller Williams Indy Metro Northeast - Indianapolis, IN
in referral

Thanks everyone for your comments.  I'm happy I finally had the opportunity to post some good news regarding the market here in Indy.  Your feedback is also very much appreciated.  I try to keep it easy enough to let people know what's going on without bombarding people with too much information.  I know what my attention span is for REALLY LONG posts, so I try to keep this in mind when I post things to my own blog.  :)  Have a great day everyone!

Chanda panda

Aug 11, 2009 04:25 AM