Traci Garontakos-Stonegate-August 2020

12411 North Pennsylvania Street, Suite 300, Carmel, Indiana, 46032

Real Estate

Traci Garontakos & Jaci Cleveland

STONEGATE

Market Report

For the month of August 2020

REALTORS® | Neighbors | Listing Specialists

317.741.0861

E: Traci.Garontakos@EncoreSIR.com W: www.LiveInStonegate.com

IN THIS REPORT: Recent Success | Buyer's Expectations | Market Report Update | Why Work with Sotheby's

RECENT ACTIVITY BY THE GARONTAKOS GROUP ACTIVE

ACTIVE

PENDING

6859 OLDFIELDS LANE

9095 FARMINGTON COURT

5080 MELBOURNE PLACE

1.37 Acres Listed at $375,000

1.31 Acres Listed at $410,000

7 Beds | 6.0 Baths | 6,160 Sq. Ft. Offered at $1,375,000

SOLD

SOLD

SOLD

8135 HANLEY LANE

6145 STONEGATE RUN

10874 HOLLIDAY FARMS BOULEVARD

6 Beds | 5.1 Baths | 5,458 Sq. Ft. Sold for $970,000

5 Beds | 4.2 Baths | 8,380 Sq. Ft. Sold for $1,140,000

0.65 Acres Sold for $280,000

SOLD

SOLD PR EPAR ED ESPEC IALLY FOR

Jonathan and Angela-Marie Williams 11142 GLEN AVON WAY

6730 BEEKMAN PLACE W

CUSTOM HOMES IN ZIONSVILLE

4 Beds | 4.1 Baths | 4,902 Sq. Ft. Sold for $620,000

6 Beds | 5.2 Baths | 8,298 Sq. Ft. Sold for $1,095,000

Availability in multiple locations.

Call for details.

Presented by Traci Garontakos

YOU R STONEG ATE R EAL ESTATE SPEC IALIST AND N E I G H B O R

Jonathan and Angela-Marie, With interest rates remaining low and home prices increasing at a healthy pace, homes in Stonegate are in high demand. Your real estate opportunity is here! If you or someone you know is considering buying or selling, call us today at 317.741.0861.

www.LiveInStonegate.com

Jonathan and Angela-Marie, Traci Garontakos & Jaci Cleveland REALTORS® | Neighbors | Listing Specialists

317.741.0861

E: Traci.Garontakos@EncoreSIR.com W: www.LiveInStonegate.com

What are Buyer’s Expectations in a New Home?

Buyers reported that the following aspects held

When you need suggestions on real estate—from minor home improvements to a full-scale remodel, refinance resources, or you’re thinking about selling your home, we are here and ready to help you out.

Call us today at 317.741.0861.

COVID-19 has had a profound impact on buyer confidence in the real estate market.

However, a new study shows that many buyers still want to buy, with 30% reportedly

43.5%

EXTRA BEDROOMS

45.7%

OPEN FLOOR PLAN

motivation. Buyers are putting new emphasis on searching for better common spaces.

45.7%

GOOD LIGHTING

Jonathan and Angela-Marie,

A 9.5% increase in the median sales price combined with a decrease in inventory and rates has set this summer up to be a very strong sellers market.

Now more than ever, you need an experienced Brookhaven real estate agent who can help guide you through a successful transaction. Call us today at 317.741.0861 to discuss your options.

Jonathan and Angela-Marie,

BEDS

in the last 6 months BATHS EST. SQ. FT.* LIST PRICE SOLD PRICE SOLD DATE BASEMENT

Sold

7525 East 550 S

4

4

9,500

$939,000

$650,000

07/10/20

Yes

Sold

6593 Regents Park Drive

5

5

5,300

$749,000

$732,500

07/10/20

Yes

Sold

6145 Stonegate Run

5

6

8,400

$1,275,000

$1,140,000

07/03/20

Yes

Sold

7640 The Commons

5

4

6,000

$650,000

$642,500

06/25/20

No

Sold

7639 East Stonegate Drive

4

4

3,400

$529,900

$520,000

06/04/20

Yes

Sold

7651 Deerfield Way

6

6

6,500

$875,000

$860,000

05/28/20

Yes

Sold

7645 Carriage House Way

4

3

3,900

$530,000

$515,000

05/26/20

Yes

Sold

6730 Beekman Place W

6

7

8,300

$1,175,000

$1,095,000

04/15/20

Yes

Sold

6717 West Stonegate Drive

5

4

5,400

$579,000

$550,000

04/10/20

Yes

Sold

6733 Beekman Place W

5

6

6,400

$699,000

$675,000

04/09/20

Yes

Sold

7614 Bishops Green

4

4

4,400

$544,900

$539,000

04/01/20

Yes

Sold

6647 East Deerfield Drive

5

5

7,100

$699,900

$637,891

03/17/20

Yes

Sold

7626 The Commons

5

5

5,900

$650,000

$630,000

03/13/20

Yes

Sold

7676 Deerfield Way

4

5

6,600

$719,900

$710,000

03/12/20

No

Sold

6730 West Stonegate Drive

4

4

4,200

$539,900

$525,215

03/09/20

Yes

Sold

6727 Beekman Place W

5

6

6,700

$995,000

$995,000

03/09/20

Yes

Traci Garontakos, Jaci Cleveland, and Encore Sotheby’s International Realty are not in any way affiliated with Stonegate Home Owners Association, nor is this in any way an official advertisement or publication of Stonegate. ©2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MIBOR MLS as of July 15th, 2020. Listings and sales may not be those of Encore Sotheby’s International Realty. The National Association of Realtors® and MIBOR MLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.*Estimated square feet rounded down to nearest hundred.

before their search was impacted. 20% of timeline, citing low interest rates as their

Market Report

This market report was created especially for you. For a more in-depth, comparative market analysis on your property, call us at 317.741.0861.

STATUS ADDRESS

looking at available listings more often than buyers reported expediting their homebuying

STONEGATE

HOMES RECENTLY SOLD

more importance to them in light of the virus: No one is denying that the spread of

Real Estate

50.0 % KITCHEN STYLE

www.Forbes.com | Tara Mastroeni | May 18th, 2020

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2020

Kind Words From a Happy Client “We’ve moved seven times all over the country and world, and Traci is without question the most talented, capable agent we’ve encountered. She combined a deep knowledge of the local real estate market with skillful use of modern sales and marketing techniques to get us a great result. She has a keen eye for design and perfectly staged our home for maximum appeal. Beyond checking every box for what you would want in a buyer or seller agent, Traci is an absolute delight to work with and knows exactly what every buyer and seller is going through in the life changing process of buying or selling a home. Whether you’re moving a mile down the road or relocating to Indianapolis from around the country or world, Traci is simply the best choice you could make to represent your interests in this important process.”

- Patrick and Jacqueline Walsh