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Broad Ripple Village Real Estate Market Report, Indianapolis IN, January 2011 Data

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Real Estate Agent with Keller Williams Indy Metro Northeast

Broad Ripple Village Real Estate Market Report

Following is the market report for the area known as Broad Ripple Village as of Februrary 9th 2011.

Excellent News!  January 2011 went out with a bang (in a positive way)!  The number of closed sales increased 350% over December and 233% over sales from January 2010.  While Indianapolis Real Estate did not suffer the same drastic losses in property values, our market did essentially come to a grinding halt during this recession.  Let's hope this is an indicator that the market is recovering.

Current Active Listings 54 Min Price: $92,000 Max Price: $399.900 14 Condo, 40 Single Family
Pending Listings 7 Min Price: $104,900 Max Price: $180,000 0 Condo, 7 Single Family
Sold in the month of January 7 Min Price: $95,000 Max Price: $252,500 2 Condo, 5 Single Family
Sold Previous Year (2010) 3 Min Price: $170,000 Max Price: $250,000 0 Condo, 3 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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