Active February Signals Persistent Growth for Central Indiana Residential Real Estate Market as Homes Sales and Prices Continue to Climb - Market Watch Feb. 2022
February 2022 has proven to be an even stronger month for residential real estate than this time last year, with increases in home prices and sales. Monthly real estate statistics from F.C. Tucker Company revealed
February 2022 has proven to be an even stronger month for residential real estate than this time last year, with increases in home prices and sales. Monthly real estate statistics from F.C. Tucker Company revealed that February 2022 pended home sales increased 6.9 percent compared to February 2021, while year-to-date home sale prices increased 13.3 percent. Central Indiana housing inventory decreased 8.1 percent compared to this time last year.
Of the pended home sales in the region last month, three (3) were priced $2,000,000 or higher; 30 were priced $1,000,000 to $1,999,999; 240 were priced $500,000 to $999,999; 837 were priced $300,000 to $499,999; 870 were priced $200,000 to $299,999; 725 were priced $100,000 to $199,999; and 195 were priced at $99,999 or less.
PENDED SINGLE-FAMILY AND CONDOMINIUM SALES
ACTIVE LISTINGS – INVENTORY
AVERAGE SALE PRICE
Founded in 1918, F.C. Tucker Company is Indiana’s largest independently owned comprehensive real estate firm with more than $5 billion in annual sales, more than 40 offices, and more than 1,500 sales associates throughout Indiana and select markets in Kentucky. F.C. Tucker’s family of businesses includes a full range of real estate services—mortgages, title insurance, relocation services, a full line of insurance products, auctioning and homeowner warranty products. We have earned a reputation for our exceptional service, experienced sales associates and “Golden Rule” commitment to clients and employees. In 2021, F.C. Tucker formed a partnership with Pittsburgh-based Howard Hanna Real Estate Services, the nation’s largest independently owned real estate brokerage firm, furthering each company’s ability to provide best-in-class service and enhance the real estate experience for clients by providing best-in-class agents, products and services. For more information, visit talktotucker.com.