The May issue of the GB Landrigan Monthly Washington Township Early Real Estate Report is now available.
The overall Central Indiana market is exceedingly brisk, with fewer than two months' worth of inventory currently available priced under $500,000. A typical market would see 4-6 months. Washington Township, always a dominant factor in the market, is even more hard-pressed for inventory.
Typically, the over-$500,000 market is more leisurely. Even here, however, the available months of inventory dropped from last month. 21 homes in this price range pended, including four above $1 million. Sales prices for these pendings will show up when they close over the next month or so.
Many readers have enjoyed our covers featuring artist's works provided by Eckert & Ross Fine Art in Butler-Tarkington. This month's cover features a C.W. Mundy painting of Holcomb Gardens at Butler-University.