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
    • Indiana Fun
    • Carmel
    • Fishers
    • Lawrence Twp.
    • Noblesville
    • Westfield
    • Zionsville
  • Review Team Schuster
  • Refer Team Schuster
  • Testimonials

Central Indiana home sales decrease 1.3 percent in February - Market Watch - February 2019

3/22/2019

 

Central Indiana home sales decrease 1.3 percent in February

F.C. Tucker reports 14.9 percent increase in inventory as prices continue to rise.
Picture

INDIANAPOLIS – Monthly real estate stats from F.C. Tucker Company indicate a small decrease in homes sold, but higher sale prices and increased inventory. February 2019 pended sales decreased 1.3 percent compared to February 2018 while the average year-to-date sale price for the 15-county Central Indiana region increased 6.7 percent to $206,941.
 
While there continues to be a steady increase in sale prices, slightly fewer homes sold while inventory and time on the market increased. In February 2019, 2,771 central Indiana homes were purchased, down from 2,807 sold in February 2018. Specifically:
  • Hancock County showed the most growth in homes sold with a significant 30.1 percent increase in February 2019 compared to February 2018.
  • Shelby County pended sales, however, decreased the most at 29.1 percent compared to February 2018.
 
Homes spent more time on the market and most counties saw price increases.
  • Of the 15 counties F.C. Tucker tracks, all but three showed an increase in average year-to-date home prices. Decatur County decreased the most with a 2.4 percent lower sale price compared to February 2018.
  • Hamilton County maintains the highest average home price in the region at $332,432. Putnam County experienced the highest price increase at 22.2 percent compared to this time last year.
  • Homes sold in 53 days on average in February 2019, six days and 12.8 percent slower than February 2018. Johnson and Marion County’s homes were the fastest-selling in the market at 46 days.
 
Inventory increased in about half of central Indiana counties, with 659 more homes listed than February 2018. In February 2019, inventory stood at 5,077 homes, an increase of 14.9 percent compared to the same month in 2018.
  • Marion County experienced the highest increase in inventory, with a significant 34 percent more listings than February 2018.
  • Jennings County’s inventory dropped the most at 22.5 percent compared to February 2018.
"Spring will heat up the housing market as more people list their homes after the winter season and sale prices continue to increase," said Jim Litten, CEO and owner of the F.C. Tucker Company. “However, we will likely see a decrease in inventory once again as home buying accelerates with the warmer weather.”
 
Of the pended home sales in the region last month, none were priced $2,000,000 or higher; 18 were priced $1,000,000 to $1,999,999; 123 were priced $500,000 to $999,999; 421 were priced $300,000 to $499,999; 670 were priced $200,000 to $299,999; 1,151 were priced $100,000 to $199,999; and 388 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 March 15, 2019. 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.

PENDED SINGLE-FAMILY AND CONDOMINIUM SALES

Picture

ACTIVE LISTINGS – INVENTORY

Picture

AVERAGE SALE PRICE

Picture
With approximately $4 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. For more information, visit talktotucker.com.
Picture

Comments are closed.

    Archives

    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    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
    146th
    2022
    Aging In Place
    Arbor Homes
    Avon
    Bay Creek East
    Benefits Of Making Your Home More Eco-friendly
    Blog
    Brighton Knoll
    Britton Ridge
    Broad Ripple
    Brownsburg
    Building A Home
    Buyer
    Buyer Financing
    Buyers
    Buying
    Buying A Flipped House
    Buying A Home
    Carmel
    Cass Estates
    Castleton
    Cedar Bend
    Chapel Woods
    Cicero
    Clark Meadows
    Closing
    CMA
    Columbus
    Condo
    Condos
    Copperstone
    Costs
    Crosses
    Dimora
    DIY
    Elwood
    Fall
    Fall Creek
    F.C. Tucker
    Fc Tucker
    Federal Financing Programs
    First Home
    First Time Home Buyers
    Fishers
    Fixer Upper
    Flip
    For Sale
    Franklin
    Fun Stuff
    Geist
    Greenfield
    Greenwood
    Hancock County
    Hidden Meadow
    Home Buyers
    Home Listing
    Homeowners
    Home Sales
    Homestead Lakes
    Home Tips
    Hunters Creek Village
    Indiana
    Indianapolis
    Indy
    Information
    Investment Property
    Jackson Run
    January 2022
    Jowana Zehrung
    July
    June 2019
    Just Listed
    Keeneland Park
    Keri
    Keri Schuster
    Keystone At The Crossing
    Knightstown
    Landsdowne Dr
    Lawrence
    Lease
    Liberty Creek North
    Lockerbie
    Mari Walker
    MARKET
    Market Value
    Market Watch
    McCordsville
    M/I Homes
    Mi Homes
    Monrovia
    Mooresville
    Morristown
    Moving
    New Build
    New Construction
    New Home
    New Home Buyers
    New House
    New Listing
    New Listings
    New Palestine
    Nick Surette
    Noble
    Noblesvile
    Noblesville
    Northolm
    Oak Ridge Estates
    Open House
    Open Houses
    Pebble Brook
    Pending
    Pendleton
    Pike Township
    Pine Ridge
    Pine View Estates
    Price Reduction
    Real Estate News
    Realtor
    Reminder
    Repair
    Resources
    Sale
    Selling A Home
    Sheridan
    Smith Meadows
    Sold
    Solds
    Solld
    Staging
    Staging A Home
    Staging Your Home
    Stinemyer Crossing
    Storage
    Storage Space
    Taxes
    Team News
    Team Schuster
    The Heritage
    Tips
    Tipton
    Towns At Trailside
    Transition
    Tucker Mortgage
    Turnberry
    Vikki
    Vikki Duke
    Village Farms
    Villages At Grassy Creek
    Washington Township
    Washing Township
    Wayne Township
    Westfield
    Westons
    Whitestown
    Wildlcat Run
    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
    • Indiana Fun
    • Carmel
    • Fishers
    • Lawrence Twp.
    • Noblesville
    • Westfield
    • Zionsville
  • Review Team Schuster
  • Refer Team Schuster
  • Testimonials