Housing inventory drops nearly 50 percent as central Indiana’s residential real estate market experiences a dynamic month - Market Watch Aug. 2020
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:
In August 2020, 4,334 central Indiana homes were purchased, up 13.2 percent from the 3,830 sold in August 2019. Specifically:
Of the pended home sales in the region last month, 5 were priced $2,000,000 or higher; 41 were priced $1,000,000 to $1,999,999; 256 were priced $500,000 to $999,999; 917 were priced $300,000 to $499,999; 1,254 were priced $200,000 to $299,999; 1,434 were priced $100,000 to $199,999; and 427 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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