Market Report | March 2022

Similar trends over the last few months continued into March, showing increased sale prices and fewer days on market compared to previous months. Zionsville showed a substantial increase in average closed sales price, jumping nearly 35% higher than February of this year, while Valparaiso showed a 7.5% decrease in average sales price compared to the previous month. The luxury market, consisting of homes $1 million and over, saw a 25% decrease in transactions from 36 to 27 sales from February to March, while most submarkets at all price points saw slight increases in the number of transactions compared to February. Despite the increase in number of transactions, inventory remains low throughout Indiana so be sure to contact one of our experienced agents to assist in buying or selling your home.

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