The housing market in May brought welcome news to buyers with many communities throughout Indiana seeing an increase in transactions compared to April. For instance, Downtown Indianapolis saw a 100% increase in the number of transactions, doubling the 20 transactions in April to 40 in May. Additionally, Carmel, the NE Lakes and Valparaiso all saw over 40% increases in transactions. With more transactions taking place across the board, barring few exceptions like Zionsville where 57 transactions remained the same from last month, the average days on market also showed increases with Westfield jumping from 10 to 25 days on market, Downtown Indy showing a 70.4% increase from 71 to 121 days on market and the Fort Wayne Luxury market (listings over $700,000) increasing from 34 to 46 days on market, nearly 36% higher month over month. Read the full report to learn more about your community and reach out to one of our skilled agents to assist with all of your real estate goals.