Monthly real estate stats from F.C. Tucker Company showed a dramatic decrease in housing inventory throughout central Indiana as part of a dynamic August 2020 residential real estate market:

• Pended home sales increased 13.2 percent.
• The average August home sale price for the 16-county central Indiana region was $259,932 an increase of 11.1 percent.
• The year-to-date average home sale price increased by 9.2 percent, to $246,726.
• Available housing inventory dropped 49.4 percent compared to August 2019.

"The seller’s market was alive and well in central Indiana in September,” said Jim Litten, CEO of F.C. Tucker Company. “Homes continue to leave the market quickly due to increased buyer demand, and we anticipate the strong market to continue through the end of the year.”

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Sale prices continue to grow while inventory increased for the second time this year
 
INDIANAPOLIS – Monthly real estate stats from F.C. Tucker Company indicate that the housing market experienced a decline in pended sales last month. November 2018 pended sales decreased 3.2 percent compared to November 2017 while the average year-to-date sale price for the 15-county Central Indiana region increased 7.4 percent to $214,075.
 
Homebuyers quickly purchased available homes as sale prices increased and inventory increased for the second month in a row. In November 2018, 2,478 central Indiana homes were purchased, down from 2,559 sold in November 2017. Specifically:

• Shelby County showed the most growth in homes sold with a 28.6 percent increase in November 2018 compared to November 2017.
• Brown County pended sales, however, decreased the most at 30 percent compared to November 2017.

 
As they have all year, homes sold more quickly and for more money in November, signaling that it’s still a strong seller’s market.

• Of the 15 counties F.C. Tucker tracks, all showed an increase in average year-to-date home prices.
• Hamilton County maintains the highest average home price at $322,105, with Boone County close behind at $321,017. Jennings County once again experienced the highest price increase compared to year-to-date 2017 at 13.8 percent.
• Homes sold in 41 days on average, 19 days and 31.7 percent faster than January to November last year. Marion County’s homes remain the fastest-selling in the market at only 34 days.

 
Inventory increased once again last month, with 445 more homes listed than this time last year. In November 2018, inventory stood at 6,447 homes, an increase of 7.4 percent compared to November 2017.

• Morgan County experienced the highest increase in inventory, with 23.8 percent more listings than November 2017.
• Jennings County’s inventory dropped the most at 23.9 percent compared to November 2017.

 
“As the housing market slows down due to weather and the holidays, inventory increased again last month,” said Jim Litten, CEO of F.C. Tucker Company. “We might see inventory increase to a four-month supply early next year, but buyers should be cautious as it will decrease again once the weather improves and home buying picks back up.”
 
Of the pended home sales in the region last month, none were priced $2,000,000 or higher; eight were priced $1,000,000 to $1,999,999; 99 were priced $500,000 to $999,999; 371 were priced $300,000 to $499,999; 513 were priced $200,000 to $299,999; 1,029 were priced $100,000 to $199,999; and 457 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 December 17, 2018. Because of delayed processing through other agencies or boards, these numbers are subject to change.
• “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.
• “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.

●      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.

F.C. Tucker reports growth in inventory for the first time in three years
 
INDIANAPOLIS – Monthly real estate stats from F.C. Tucker Company indicate that the housing market bounced back slightly in pended sales last month. October 2018 pended sales increased 1.0 percent compared to October 2017 while the average year-to-date sale price for the 15-county Central Indiana region increased 7.3 percent to $213,647.
 
As the number of houses for sale increased for the first time since 2015, sellers still sold homes for higher prices and faster than this time last year. In October 2018, 3,015 Central Indiana homes were purchased, up from 2,984 sold in October 2017. Specifically:

• Morgan County showed the most growth in homes sold with a 27.9 percent increase in October 2018 compared to October 2017.
• Montgomery County pended sales, however, decreased the most once again at 28.6 percent compared to October 2017.

 
In keeping with this year’s trend, homes sold more quickly and for more money in October, signaling that it’s still a seller’s market.

• Of the 15 counties F.C. Tucker tracks, all showed an increase in average year-to-date home prices.
• Hamilton County maintains the highest average home price at $320,888. Jennings County experienced the highest price increase compared to year-to-date 2017 at 13.2 percent.
• Homes sold in 41 days on average, 19 days and 31.7 percent faster than January to October last year. Marion County’s homes remain the fastest-selling in the market at only 34 days.

 
Inventory increased for the first time since March 2015, with 365 more homes listed than this time last year, the smallest decrease this year. In October 2018, inventory stood at 6,996 homes, an increase of 5.5 percent compared to October 2017.

• Hancock County experienced the highest increase in inventory, with 17 percent more listings than October 2017.
• Jennings County’s inventory dropped the most at 30.4 percent compared to October 2017.

 
“While we’re excited to see an increase in inventory last month, we still need to strive to consistently increase inventory numbers” said Jim Litten, CEO of F.C. Tucker Company. “Central Indiana benefits from affordability and a good economy with high consumer confidence and lots of jobs, meaning no matter the interest rates or inventory numbers we still offer a strong housing market.”
 
Of the pended home sales in the region last month, one was priced $2,000,000 or higher; 21 were priced $1,000,000 to $1,999,999; 111 were priced $500,000 to $999,999; 452 were priced $300,000 to $499,999; 636 were priced $200,000 to $299,999; 1,271 were priced $100,000 to $199,999; and 523 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 November 13, 2018. Because of delayed processing through other agencies or boards, these numbers are subject to change.
• “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.
• “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.
• 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.

 
​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.

September sees 2.1 percent decrease in Central Indiana home sales
Sale prices continue to grow while pended sales decline for the third time this year
 
INDIANAPOLIS – Monthly real estate stats from F.C. Tucker Company indicate that the housing market experienced a decline in pended sales last month. September 2018 pended sales decreased 2.1 percent compared to September 2017 while the average year-to-date sale price for the 15-county Central Indiana region increased 7.6 percent to $214,478.
 
Last month fewer buyers purchased homes as inventory continues to decrease. In September 2018, 3,025 Central Indiana homes were purchased, down from 3,090 sold in September 2017. Specifically:

• Decatur County once again showed the most growth in homes sold with a 45 percent increase in September 2018 compared to September 2017.
• Montgomery County pended sales, however, decreased the most at 30.6 percent compared to September 2017.

 
Despite fewer pended sales, on average homes sold much faster and for more money in September, signaling that it’s still a seller’s market.

• Of the 15 counties F.C. Tucker tracks, all showed an increase in average year-to-date home prices.
• Hamilton County maintains the highest average home price at $321,448. Shelby County experienced the highest price increase compared to year-to-date 2017 at 13.6 percent.
• Homes sold in 42 days on average, 18 days and 30 percent faster than January to September last year. Marion County’s homes remain the fastest-selling in the market at only 35 days.

 
Inventory continues to decrease, however there were just 2.5 percent fewer homes listed than this time last year, the smallest decrease this year. In September 2018, inventory stood at 6,893 homes, a decrease of 174 compared to September 2017.

• Jennings County’s inventory dropped the most at 34.4 percent compared to September 2017.
• Morgan County experienced the highest increase in inventory, with 9 percent more listings than September 2017.

 
“The housing market remains in sellers’ favor as we move towards the end of 2018,” said Jim Litten, CEO of F.C. Tucker Company. “While there was a slight dip in sales, sellers should be encouraged by quick sales and higher home prices, and buyers will be pleased that inventory decreased only slightly for the first time this year and offers homes at a variety of prices.”
 
Of the pended home sales in the region last month, two were priced $2,000,000 or higher; 14 were priced $1,000,000 to $1,999,999; 117 were priced $500,000 to $999,999; 436 were priced $300,000 to $499,999; 658 were priced $200,000 to $299,999; 1,291 were priced $100,000 to $199,999; and 507 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 October 15, 2018. Because of delayed processing through other agencies or boards, these numbers are subject to change.
• “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.
• “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.
• 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.​

 
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.

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:

• Decatur County showed the most growth in homes sold with a 47.6 percent increase in August 2018 compared to August 2017.
• While multiple counties decreased in pended sales, Hancock County decreased the most at 24.6 percent, or 35 fewer homes, compared to August 2017.

 
On average, homes continue to sell more quickly and for more money in August making it a good time for sellers in the market.

• Of the 15 counties F.C. Tucker tracks, all showed an increase in average year-to-date home prices.
• Hamilton County continues to have the highest average home prices at $323,736. Shelby County experienced the highest price increase compared to year-to-date 2017 at 14.0 percent.
• Homes sold in 43 days on average, 18 days and 29.5 percent faster than January to August last year. Marion County’s homes continue to be the fastest-selling in the market for the sixth month in a row at 36 days.

 
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.

• Bartholomew County’s inventory dropped the most at 30.9 percent compared to August 2017.
• Decatur County experienced the highest increase in inventory, with 5.0 percent more listings than 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.
 
Editor’s Notes:

• All statistics were compiled by F.C. Tucker Company from a report drawn from BLC® statistics on September 17, 2018. Because of delayed processing through other agencies or boards, these numbers are subject to change.
• “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.
• “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.
• 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.

# # #
 
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.

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 is growing as summer comes to an end. July 2018 pended sales increased 14.1 percent compared to July 2017 while the average year-to-date sale price for the 15-county Central Indiana region increased 9.2 percent to $214,789.
 
Homebuyers quickly purchased available homes as the number of houses for sale continues to decline. 3,730 Central Indiana homes were purchased in July 2018, up from 3,268 sold in July 2017. Specifically:

• Putnam County showed the most growth in homes sold with a 58.1 percent increase in July 2018 compared to July 2017, passing Montgomery County by just 1.3 percent.
• While no counties decreased in pended sales, Boone County increased the least at just 3.7 percent, or four homes, compared to July 2017.

 
In keeping with the previous month’s trends, homes sold more quickly and for more money in July, signaling that it’s still a seller’s market.

• Of the 15 counties F.C. Tucker tracks, all showed an increase in average year-to-date home prices.
• Hamilton County continues to have the highest average home prices at $325,334. Shelby County experienced the highest price increase compared to year-to-date 2017 at 14.8 percent.
• Homes sold in 45 days on average, 18 days and 28.6 percent faster than January to July last year. Marion County’s homes continue to be the fastest-selling in the market for the fifth month in a row at 38 days.

 
Listings continue to fall as new home construction dwindles, with 10.1 percent fewer homes this month. In July 2018, inventory stood at 6,303 homes, a decrease of 707 compared to July 2017.

• Jennings County’s inventory dropped the most at 36.5 percent compared to July 2017.
• Montgomery County was the only country in the area to experience an increase in inventory, with 9.5 percent more listings than July 2017.

 
"Consumer confidence in the market positioned Central Indiana homes sales to finish strong this summer," said Jim Litten, CEO of F.C. Tucker Company. "Traditionally once everyone's back in school and attentions are divided, the market can take a bit of a hit before rebounding late September."
 
Of the pended home sales in the region last month, three were priced $2,000,000 or higher; 20 were priced $1,000,000 to $1,999,999; 152 were priced $500,000 to $999,999; 545 were priced $300,000 to $499,999; 848 were priced $200,000 to $299,999; 1,598 were priced $100,000 to $199,999; and 564 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 August 15, 2018. Because of delayed processing through other agencies or boards, these numbers are subject to change.
• “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.
• “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.
• 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.

 
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.