Broad Ripple Village Real Estate Market Report, Indianapolis IN, December 2010 Data
By Chanda Barrick, in referral
(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 January 5th 2011. Can you believe we are officially into the year 2011? Time flies, that's for sure... There was a significant decrease in the number of active listings between November and December. This was largely because 17 listings expired in the month of December, in addition to, an increase in the number of pending listings. Sales in 2010 were half the number of sales in the same month 2009; however, the average sales price was significantly higher. In the end, 2009 was not a record-breaking year for the Broad Ripple Real Estate Market, but it held up quite well compared to other parts of the Indianapolis market plagued with foreclosures and declining...
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