Monthly real estate stats from F.C. Tucker Company indicate a decrease in homes sold as sale prices continue to climb. March 2019 pended sales decreased 14.7 percent compared to March 2018.
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Central Indiana home sales drop 14.7 percent in March
F.C. Tucker reports 11.6 percent increase in inventory as prices continue to rise
INDIANAPOLIS – Monthly real estate stats from F.C. Tucker Company indicate a decrease in homes sold as sale prices continue to climb. March 2019 pended sales decreased 14.7 percent compared to March 2018 while the average year-to-date sale price for the 15-county Central Indiana region increased 6.1 percent to $212,214.
Fewer homes sold in 14 of the 15 counties F.C. Tucker tracks compared to March 2018. In March 2019, 3,615 central Indiana homes were purchased, down from 4,240 sold in March 2018. Specifically:
Of the pended home sales in the region last month, three were priced $2,000,000 or higher; 15 were priced $1,000,000 to $1,999,999; 150 were priced $500,000 to $999,999; 564 were priced $300,000 to $499,999; 941 were priced $200,000 to $299,999; 1,428 were priced $100,000 to $199,999; and 514 were priced at $99,999 or less.
PENDED SINGLE-FAMILY AND CONDOMINIUM SALES
ACTIVE LISTINGS – INVENTORY
AVERAGE SALE PRICE
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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.
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