Broad Ripple Village Real Estate Market Report
Following is the market report for the area known as Broad Ripple Village as of August 2nd 2010.
July was a relatively slow month in regards to real estate activity. Last year's sales were double what they were this year. Most numbers were down compared to last month except the number of solds which actually were up 31% over June's numbers.
UPDATED REMINDER: The extension of the Tax Credit for New Home Buyers (or those that haven't owned in 3 years) requires you close on your home before October 1st. Your purchase agreement should have been fully executed by April 30th. If not, you will not be eligible to claim the credit.
If you need to amend your return and don't know what you need to do in order to claim the credit or if you're interested in purchasing or selling your Broad Ripple Home, please feel free to contact me.
Current Active Listings | 78 | Min Price: $72,500 | Max Price: $550,000 | 17 Condo, 61 Single Family |
Pending Listings | 9 | Min Price: $149,900 | Max Price: $399,900 | 3 Condo, 6 Single Family |
Sold in the month of July | 13 | Min Price: $103,000 | Max Price: $276,900 | 2 Condo, 11 Single Family |
Sold Previous Year (2009) | 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, 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!
View properties for sale in Broad Ripple or Search homes in other areas currently on the market.
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