F.C. Tucker Team Schuster
  • Home
  • BUY
    • BUYING A HOME
    • Featured Listings
  • SELL
    • Sell your home
    • What is your home worth
  • Meet The Team
  • Contact Us
  • Blog
  • Community Resources
    • Businesses We Love
    • Carmel
    • Fishers
    • Lawrence Twp.
    • Noblesville
    • Westfield
    • Zionsville
  • Review Team Schuster
  • Refer Team Schuster
  • Testimonials

Average Sales Price, Indiana Sales, & Homes on the Market Up, Up, Up - Market Watch May 2019

6/22/2019

 
Picture
Picture
Central Indiana home sales increase 3.0 percent in April
F.C. Tucker continues to report higher sale prices as home sales increase once again
 
INDIANAPOLIS – Monthly real estate stats from F.C. Tucker Company indicate more homes sold and increased inventory in central Indiana. April 2019 pended sales increased 3.0 percent compared to April 2018 while the average year-to-date sale price for the 15-county Central Indiana region increased 5.2 percent to $214,343.
 
Pended sales increased slightly last month while prices continue to rise. In April 2019, 4,006 central Indiana homes were purchased, up from 3,890 sold in April 2018. Specifically:
  • Madison County showed the most growth in homes sold with a 33.1 percent increase in April 2019 compared to April 2018.
  • Putnam County pended sales, however, continue to decrease the most. Last month, there were 27.9 percent fewer sales compared to April 2018.
 
In keeping with the previous month’s trends, homes sold faster and for more money in April, signaling that it’s still a seller’s market.
  • All of the 15 counties F.C. Tucker tracks increased in average year-to-date home prices. Jennings County experienced the highest price increase at 18.5 percent compared to this time last year.
  • Boone County once again had the highest average home price in the region at $333,118 while Hamilton County sits close behind at $330,547.
  • Homes sold in 50 days on average, 10 days and 16.7 percent faster than year-to-date 2018. Johnson and Marion County’s homes were the fastest-selling on the market with 44 days on average.
 
Inventory increased 9.5 percent last month, with 5,098 homes listed in April 2019. That represents 444 more homes available for sale than in April 2018.
  • Hancock County experienced the highest increase in inventory, with 27.4 percent more listings than April 2018. Marion County was close behind with 27.2 percent more listings.
  • Shelby’s County’s inventory dropped the most at 18.0 percent compared to April 2018.
 
“Spring is a traditionally popular sales season, and with a few more homes available for sale, there are plenty of opportunities to finally ‘make your move,’” said Jim Litten, CEO and owner of the F.C. Tucker Company. “Indiana real estate continues to prove it’s a good value at any price point.”
 
Of the pended home sales in the region last month, three were priced $2,000,000 or higher; 16 were priced $1,000,000 to $1,999,999; 221 were priced $500,000 to $999,999; 678 were priced $300,000 to $499,999; 969 were priced $200,000 to $299,999; 1,587 were priced $100,000 to $199,999; and 532 were priced at $99,999 or less.



 
Editor’s Notes:
  • All statistics were compiled by F.C. Tucker Company from a report drawn from BLC® statistics on May 7, 2019. Because of delayed processing through other agencies or boards, these numbers are subject to change.
  • Effective April 7, 2019, data from MIBOR only reports on single family homes and excludes condo sales. F.C. Tucker will continue to include condo sales in this report.
  •  “Pending” means the sales contract has been signed, but the transaction has not closed. According to the NAR, pending sales typically are finalized within a month or two of signing.
  •  “Active Listings – Inventory” is a snapshot frozen in time at the end of the stated month. Per MIBOR, effective April 1, 2018, “Active with Contingency” no longer is a status in the BLC® listing service in order to present a true picture in advertising and marketing. Those listings that were in the "Active with Contingency" status have been moved from the "Active" status to the "Pending" status.
  • For this report, F.C. Tucker tracks the following counties: Bartholomew, Boone, Brown, Decatur, Hamilton, Hancock, Hendricks, Jennings, Johnson, Madison, Marion, Montgomery, Morgan, Putnam and Shelby.


Comments are closed.

    Archives

    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016

    Categories

    All
    Avon
    Broad Ripple
    Brownsburg
    Building A Home
    Buyer Financing
    Buying A Home
    Carmel
    Castleton
    Cicero
    Closing
    Condo
    Condos
    DIY
    Elwood
    Fall
    Fall Creek
    F.C. Tucker
    Federal Financing Programs
    First Time Home Buyers
    FISHERS
    Fixer Upper
    Flip
    For Sale
    Franklin
    Fun Stuff
    Geist
    Greenwood
    Homeowners
    Home Sales
    Home Tips
    Indiana
    Indianapolis
    Indy
    Information
    Investment Property
    Jowana Zehrung
    July
    June 2019
    Just Listed
    Keri Schuster
    Keystone At The Crossing
    Lawrence
    Lease
    Mari Walker
    MARKET
    Market Watch
    McCordsville
    Monrovia
    Mooresville
    New Construction
    New Listing
    New Listings
    Nick Surette
    Noble
    Noblesvile
    Noblesville
    Open House
    Open Houses
    Pebble Brook
    Pike Township
    Pine Ridge
    Price Reduction
    Real Estate News
    Reminder
    Repair
    Resources
    Sale
    Selling A Home
    Sheridan
    Sold
    Solds
    Staging A Home
    Taxes
    Team News
    Team Schuster
    Tipton
    Tucker Mortgage
    Vikki
    Vikki Duke
    Washington Township
    Washing Township
    Wayne Township
    Westfield
    Whitestown
    Zionsville

    RSS Feed

Proudly powered by Weebly
Photos used under Creative Commons from f2 photografia, pstenzel71, verchmarco
  • Home
  • BUY
    • BUYING A HOME
    • Featured Listings
  • SELL
    • Sell your home
    • What is your home worth
  • Meet The Team
  • Contact Us
  • Blog
  • Community Resources
    • Businesses We Love
    • Carmel
    • Fishers
    • Lawrence Twp.
    • Noblesville
    • Westfield
    • Zionsville
  • Review Team Schuster
  • Refer Team Schuster
  • Testimonials