Central Indiana residential real estate market has a dynamic December
Seller’s market projected to continue well into 2021 as inventory continues to decline and prices climb
INDIANAPOLIS – Central Indiana residential real estate continued to experience an unprecedented seller’s market as the year 2020 came to a close. Monthly real estate statistics from F.C. Tucker Company revealed a 49.8 percent decrease in central Indiana’s housing inventory compared to December 2019.
Of the pended home sales in the region last month, 1 was priced $2,000,000 or higher; 20 were priced $1,000,000 to $1,999,999; 157 were priced $500,000 to $999,999; 512 were priced $300,000 to $499,999; 719 were priced $200,000 to $299,999; 896 were priced $100,000 to $199,999; and 290 were priced at $99,999 or less.
PENDED SINGLE-FAMILY AND CONDOMINIUM SALES
ACTIVE LISTINGS – INVENTORY
AVERAGE SALE PRICE
With more than $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.
Want to know more? Interested in Buying or Selling?