Traci Garontakos-Stonegate-July 2021

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

Real Estate

Traci Garontakos & Jaci Cleveland

STONEGATE For the month of July 2021

REALTORS® | Neighbors | Listing Specialists

317.741.0861

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

IN THIS REPORT: Featured Listings | Understanding the Current Market | Market Update and Stats Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

RECENT ACTIVITY BY THE GARONTAKOS GROUP

For more information on these beautiful properties, or if you are ready to list your home, call us today at 317.741.0861.

UNDER CONTR AC T

UNDER CONTR AC T

7684 DEERFIELD WAY

6602 REGENTS PARK

4 Beds | 3.1 Baths | 6,121 Sq. Ft. Offered at $950,000

4 Beds | 3.1 Baths | 6,547 Sq. Ft. Offered at $850,000

SOLD

SOLD

PR EPAR ED ESPEC IALLY FOR

6648 WESTMINSTER DRIVE

7653 CARRIAGE HOUSE WAY

5 Beds | 5.1 Baths | 6,149 Sq. Ft. Sold for $895,000

4 Beds | 4.1 Baths | 4,890 Sq. Ft. Sold for $670,000

Jonathan and Angela-Marie Williams Presented by The Garontakos Group

YOU R STONEGATE R EAL ESTATE SPEC IALISTS AND N E I G H B O RS

Jonathan and Angela-Marie, Thinking of selling your home? Stonegate homes deserve exceptional listing service, marketing savvy, and negotiation expertise that result in a successful sale. Get started today.

Call The Garontakos Group at 317.741.0861 for a confidential discussion.

www.LiveInStonegate.com

Market Report

Traci Garontakos & Jaci Cleveland REALTORS® | Neighbors | Listing Specialists

317.741.0861

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

Jonathan and Angela-Marie, When it comes to selling your home, there is no stages of discovery or you’re ready to put your home on the market today, give us a call at 317.741.0861.

Jonathan and Angela-Marie, 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.

Mortgage rates are also predicted to rise, which may impact future demand. Other factors highlighted include a lack of new construction after the previous housing crisis and millennials, the largest generation, are reaching their peak homebuying years at a time when starter homes are in the shortest supply. BOTTOM LINE - Home prices are rising at an even faster pace than in the lead-up to the last housing crisis, but by some key measures there’s less risk of a blowout.

THE GARONTA KOS G ROUP

YOU R T RU ST E D R ES OU RCE

Market Report

one-size-fits-all solution. Whether you’re in the first

9

15

99%

4,000

TOTAL SALES

DAYS ON MARKET

AVERAGE SP/LP

AVERAGE SQ. FT.*

U N D E R S TAN D I N G T H E C U R R E N T M AR K E T There are many factors impacting the current real estate climate, and many consumers are concerned we may be headed for a market correction. A recent Bloomberg article, "Yes, Real Estate Prices Are Soaring, and No, It’s Not a Bubble," details many factors driving the market today and what may come next for homeowners and potential buyers. In spite of the many factors driving prices and creating demand, Bloomberg reports an index of mortgage credit availability of 125, significantly lower than that of almost 870 in 2006.

STONEGATE

Real Estate

When hiring a real estate broker, you want someone who knows the market cold, is professional, accessible, responsive, and proactive.

Not only does Traci have all of these qualities, she has the relationships that gave us the inside track and enabled our family to secure the property we wanted in the midst of a seller’s market.

- Dan & Julie

HOMES RECENTLY SOLD

Last 3 Months

STATUS

ADDRESS

BEDS BATHS EST. SQ. FT.*

LIST PRICE SOLD PRICE SOLD DATE

BASEMENT

Sold

7653 Carriage House Way

4

5

4,800

$675,000

$670,000

06/25/21

Yes

Sold

6739 Jons Station Street

5

5

5,100

$632,000

$600,000

06/16/21

Yes

Sold

7636 Beekman Terrace

3

3

2,600

$500,000

$510,000

06/07/21

No

Sold

6648 Westminster Drive

5

6

6,100

$895,000

$895,000

05/21/21

Yes

Sold

7637 Beekman Terrace

4

4

3,400

$569,000

$554,500

04/16/21

Yes

Sold

7370 East Whitestown Parkway

2

2

1,300

$280,000

$282,000

04/02/21

Yes

Sold

6714 Chapel Crossing

3

3

3,700

$550,000

$540,000

03/25/21

No

Sold

7643 Cambridge Lane

5

5

4,100

$575,000

$565,000

03/25/21

Yes

Sold

7636 The Commons

5

5

4,900

$575,000

$575,000

03/22/21

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. ©2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MLS from April 2nd, 2021 through July 2nd, 2021. 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.

Z I O NSVI LLE MA R KE T STATS

49

0.64 MONTHS OF INVENTORY

JUNE 2021

JUNE 2020

% CHANGE

77

65

+ 18. 5 %

50 7,923

+ 10. 5 %

32

-4 6. 9 %

# OF TRANSACTIONS AVERAGE SALES PRICE AVERAGE DAYS ON MARKET

ACTIVE LISTINGS

$

561,20 6 17

$

Data based on listings from MIBOR MLS from June 1st to June 30th, 2020 and 2021. Information deemed accurate but not guaranteed.