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How's The Market

In The Lawrence Creek Area

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HERE YOU CAN... View Recaps Of The Lawrence Area's Current Vs Prior Monthly Activity, Search Active Listings By... Zip Code, Type Of Property, & Open Houses OR Search Another Area Or Community.

Note: This is Based On Activity In The 46236 Zip Code

THE CURRENT LAWRENCE AREA REAL ESTATE MARKET

MITCH ANSWERS THE QUESTION... IS IT A BUYER'S OR SELLER'S MARKET RIGHT NOW?

The Market Action Index Shown Below Compares The Rate Of Sales Versus Inventory, To Create An Easy To Understand Visual Of How The Market Is Currently Preforming... Since This Information Is All Based On Data That's Updated Weekly!

A Market Action Index ("MAI") Of 0-29 Indicates a Buyer's Market Where Demand Exceeds Supply. The Lower The Number, The Greater The Buyer's Advantage. An MAI of 30 Indicates a Balanced Market Where Demand Matches Supply. And An MAI Of 31-100 Indicates A Seller's Market, Where Supply Is Less Than The Demand. The Higher The Number, The Greater The Seller's Advantage.

Selecting either the Single Family Houses or Condos/Townhouses button below allows you to see more details... Like a Market Narrative that adds context to the Market Action Index where we break down, in plain English for you, what all of these numbers mean. This narrative also provides clarity on which direction the market appears to be heading. Similarly, with the Real-Time Market Profile, you can explore each of the 11 trend lines to see how the indicator has changed over the past three months. You can also generate multi-year trend charts for 9 different market stats. Lastly, since the high end of the market often behaves differently than the low end, you can see the trends at all of the price points in your market to compare how the market is performing in the price segments that interest you most. If you still have questions, feel free to Connect with Mitch.

Note: Many Areas Have Multiple Zip Codes, & Some Zip Codes Also Span Multiple Areas. So, Accurate Market Data Varies Both On The Zip Code & The Area. Mitch Advises Clients Using, When Available, More Specific Neighborhood / Development Activity.

Single Family Detached Houses

46236 Snapshot On Houses

HOW'S THE MARKET?
Select Below For Details

Condominiums And Townhouses

46236 Snapshot On Condominiums And Townhouses

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Select Another Greater Indy Area To See Local Activity

OR USE THESE RESOURCES & TOOLS TO HELP YOU FIND & BUY YOUR PERFECT NEW MID NORTH PLACE