Congrats to Stephen and Theresa on the purchase of a new home in New Palenstine! Wishing you many years of happiness there!
F.C. Tucker reports growth in housing sales as prices maintain upward momentum
INDIANAPOLIS – Monthly real estate stats from F.C. Tucker Company indicate that Central Indiana housing market activity continues to grow despite decreasing inventory. August 2018 pended sales increased 8.1 percent compared to August 2017 while the average year-to-date sale price for the 15-county Central Indiana region increased 7.7 percent to $214,855.
With a low inventory, homebuyers rapidly purchase available homes. In August 2018, 3,701 Central Indiana homes were purchased, up from 3,425 sold in August 2017. Specifically:
On average, homes continue to sell more quickly and for more money in August making it a good time for sellers in the market.
While there continues to be low inventory in the area, there was only 5.8 percent fewer homes listed than this time last year, a smaller decrease compared to last month’s 10.1 percent. In August 2018, inventory stood at 6,665 homes, a decrease of 414 compared to August 2017.
“Home inventory in Indiana remains tight, and will for the foreseeable future,” said Jim Litten, CEO of F.C. Tucker Company. “However, a good selection of homes at varying price points exists, so homebuyers should not be deterred as they begin their housing search.”
Of the pended home sales in the region last month, two were priced $2,000,000 or higher; 11 were priced $1,000,000 to $1,999,999; 122 were priced $500,000 to $999,999; 511 were priced $300,000 to $499,999; 859 were priced $200,000 to $299,999; 1,580 were priced $100,000 to $199,999; and 616 were priced at $99,999 or less.
With approximately $3.7 billion in annual sales, F.C. Tucker Company is Indiana’s largest independently owned comprehensive real estate firm with more than 40 offices and more than 1,500 sales associates throughout Indiana and select markets in Kentucky. Less than one percent of all real estate firms have the longevity of F.C. Tucker. Founded in 1918, the company’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. F.C. Tucker has earned a reputation for its exceptional service, experienced sales associates and “Golden Rule” commitment to its clients and employees.
3540 Delmar Drive, Indianapolis, IN 46220
So much to love in this full brick ranch with 1,850 square feet, 3/4 bedrooms plus full basement on .44-acre lot. Updated kitchen boasts white cabinets, concrete counters, stainless appliances, tiled flooring and pantry. Spacious family room and dining room with wall of windows and fireplace. Hardwoods throughout home. 4th bedroom/bonus room with half bath. Updated full bath including double vanities and tiled flooring. Full basement partially finished for additional rec room/living space and bath (shower and sink). New roof and exterior painted (2015), vinyl windows (2014), fence (2015) and many more updates!
Following items stay w/home:
As you’ll see in this video, real estate marketplaces are generally most active in summer because families with children want to move in before school starts. So more homes are typically available in summer as well. But buyers and sellers tend to balance out in other seasons, too especially in today’s tight market. There may be fewer buyers in late December but usually fewer homes, too. So, prices tend to rise or fall on general demand in that market rather than time of year. It’s best to sell when you & your house are ready to sell. Start working with a real estate professional as early as possible to make the most of your sale in any season.
11895 Dubarry Drive, Carmel, IN 46033
This well-appointed custom home with beautiful finish trim features a master on main, 5BR/4.5BA with finished garden basement. Breathtaking great room with beamed cathedral ceiling, floor-to-ceiling windows, tiled gas fireplace with custom molding and built-ins. Kitchen offers granite counters, custom cabinets, pantry, 6-burner gas Viking range, island, tiled backsplash, stainless appliances, hardwood floors. Master suite on main with walk-in closet, walk-in shower, garden tub, dual vanity. Amazing basement with wine closet, wet bar and built-ins. Screened porch overlooks tree lined backyard.
Finished Garden Basement