There are lots of things I love about being a Realtor and brokerage owner. I love helping people at pivotal moments in their lives, whether they’re buying their first home, upsizing to accommodate a growing family, downsizing as the last of their kids heads off to college, or scrambling for a nice place to live after divorce.
As a marketing director and magazine producer in my former life, it’s probably no surprise that I’m also passionate about everything involved in the presentation of our listings, from the staging and photography to the words we carefully choose to describe everything lovable about our houses.
And as someone who chose this path in mid-life, I’m also passionate about launching and mentoring others in this interesting and rewarding (albeit stressful) career.
But the thing I love best? It’s the data (and I was an English major!). I love data because numbers do not lie, and in the case of East Side real estate, they tell a fascinating story about our neighborhoods.
Presented here, sales figures for Irvington and Little Flower, from Jan. 1 to Oct. 4 2019 and 2015 (in parentheses).
Irvington home sales: Now and Then
Number of houses sold: 170 (2015: 149)
Number of houses sold over $200,000: 48 (2015: 15)
Number of houses sold under $50,000: 3 (2015: 22)
Average list price: $159,557 (2015: $130,273)
Average sold price:$158,221 (2015: $128,000)
Least expensive property to sell: $20,500 (2015: $14,000)
Most expensive property to sell: $370,000 (2015: 358,000)
Average days on the market: 27 (2015: 71)
Number of houses sold in zero days: 12 (2015: 2)
Number of houses sold in one day: 10 (2015: 3)
Little Flower home sales: Now and Then
Number of houses sold in 2019: 71 (2015: 50)
Number of houses sold over $165,000: 7 (Zero!)
Number of houses sold under $50,000: 10 (14)
Average list price: $110,994 ($78,850)
Average sold price: $109,089 ($75,976)
Least expensive property to sell: $18,000 ($12,924)
Most expensive property to sell: $191,000 ($131,500)
Average days on the market: 35 (67)
Number of houses sold in two days or less: 14 (3)
Another indicator of positive change? We’re finally seeing higher prices on the main thoroughfares that buyers were once less-than-enthusiastic about. In Irvington, for instance, Ritter and 10th Street were the first major roads to begin attracting top dollar, followed by Arlington and, more recently, Emerson Avenue. In Little Flower we’re seeing growth move West and North, as more investors focus renovation efforts in those areas; one of our clients has had great success rehabbing his way up Bosart Avenue, transforming that street one house at a time.
Let me know if you’d like more detailed information about any particular neighborhood. And if you’re curious to know what your house is worth today, reach out anytime: 317-225-2253 or deb@debkent.com.