The Art of Distinction Blog by Encore Sotheby's International Realty

In 2024, Encore Sotheby’s International Realty assisted 526 buyers and sellers in real estate transactions and closed over $325.8 million in total sales volume. Our presence, paired with the global brand’s successful performance in 2024, which outperformed the market, helped to achieve a banner year assisting our clients. 

Encore Sotheby’s International Realty | Average Sale Price

The collective Encore Sotheby’s International Realty average sale price achieved throughout the regions we serve, including portions of central and northern Indiana, was $619,455.

This average sale price can be further distinguished by the MLS, or region, in which transactions occurred:

• #1 Highest Average Sale Price of Residential Real Estate Agencies¹ in the Greater Indianapolis area
• $665,449 Encore SIR Average Sale Price for MIBOR Transactions
  • +97.1% Higher than the MIBOR Average Sale Price²
  • The region in central Indiana covers Boone, Brown, Decatur, Hamilton, Hancock, Hendricks, Johnson, Madison, Marion, Montgomery, Morgan, and Shelby counties, along with portions of Bartholomew and Jennings counties.
• $508,353 Encore SIR Average Sale Price IRMLS Transactions
  • +98% Higher than the IRMLS Average Sale Price³
  • The service area covers the northern regions of Indiana and covers the founding partner associations: Bedford, Bloomington, Elkhart County, Kosciusko, Lafayette, Mid-Easter, Northeastern, RACI, South Bend-Mishawaka, North Central, Southwest IN, Upstar, and White County.

Encore Sotheby’s International Realty is a boutique residential real estate brokerage providing home sellers and buyers with a luxury level of service in Indiana and beyond. Specializing in the central, northeast and northwest regions of Indiana, the firm operates out of offices in Carmel, Indianapolis, Zionsville and Fort Wayne. Backed by the world-class Sotheby’s International Realty brand, clients benefit from local expertise with global reach. For all of your real estate needs, call 317.660.4444 or visit encoresothebysrealty.com.

1. As reported by Indianapolis Business Journal in “The Book 2025”. The Top 25 Lists include the largest companies and organizations in industry categories. ↩︎
2. The 2024 MIBOR MLS region’s average sale price was $337,750. ↩︎
3. The 2024 IRMLS MLS region’s average sale price was $256,782. ↩︎