1 2019 1 $20M YoY % Δ -100.00% -100.00% 4-YEAR SNAPSHOT 2021 0 $0 YoY % Δ N/A N/A YoY % Δ N/A N/A $10M+ Sales, 2022 2022 1 $12.93M Total $10M+ Sales Volume, 2022 2020 0 $0

$8.69M

Highest Listing-represented

Compass Regional Sale, 2022

Represented by Carrie Holle

Highest Buyer-represented

Compass Regional Sale 2022

The Indianapolis market continued to see a large migration of buyers from the west coast, New York, and the Chicago area in 2022. The cost of living, safety, exceptional school systems, and easy living attracted luxury buyers, especially to the northern suburbs. The local ultra-luxury market has increased by 40% since 2020*. Contributing factors were increased building costs, scarcity of inventory and land, and buyer demand. As we head into 2023, we anticipate prices to continue to rise in this sector. Indianapolis is remarkably insulated from significant market fluctuations, and the low inventory and continued demand will continue to push prices upward.”

Carrie Holle

$10M+ SALES

4-YEAR SNAPSHOT

Sales

Total Sales Volume

“Source: MIBOR connectBLC system, Regions Include Metropolitan Indianapolis Area consisting of the 16 central Indiana counties of Bartholomew, Boone, Brown, Decatur, Hamilton, Hancock, Hendricks, Jackson, Jennings, Johnson, Madison, Marion, Montgomery, Morgan, Putnam, and Shelby, Based on residential property sales, 01/01/19-12/31/19 &

1

$10M+ Sales, 2022

Total $10M+ Sales Volume, 2022

*Source: MIBOR, Regions include Metropolitan Indianapolis, Based on residential, single family home sales,

& 01/01/20-12/31/20 & 01/01/21-12/31/21 & 01/01/22-12/31/22” Compass did not represent a transaction over $10M on the buy-side or the list-side in this region.