March’s Residential Real Estate Market Remains Active as Increases in Both Homes Sales and Prices Continue - Market Watch March 2022
March 2022 has proven to be an active month for residential real estate with increases in home prices, sales, and listings.
Monthly real estate statistics from F.C. Tucker Company revealed that March 2022 pended home sales increased 2 percent compared to March 2021, while year-to-date home sale prices increased 2.1 percent. Central Indiana housing inventory increased 1.5 percent compared to this time last year.
Of the pended home sales in the region last month, one (1) was priced $2,000,000 or higher; 50 were priced $1,000,000 to $1,999,999; 329 were priced $500,000 to $999,999; 1,197 were priced $300,000 to $499,999; 1,143 were priced $200,000 to $299,999; 919 were priced $100,000 to $199,999; and 223 were priced at $99,999 or less.
PENDED SINGLE-FAMILY AND CONDOMINIUM SALES
ACTIVE LISTINGS – INVENTORY
AVERAGE SALE PRICE
Founded in 1918, F.C. Tucker Company is Indiana’s largest independently owned comprehensive real estate firm with more than $5 billion in annual sales, more than 40 offices, and more than 1,500 sales associates throughout Indiana and select markets in Kentucky. F.C. Tucker’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. We have earned a reputation for our exceptional service, experienced sales associates and “Golden Rule” commitment to clients and employees. In 2021, F.C. Tucker formed a partnership with Pittsburgh-based Howard Hanna Real Estate Services, the nation’s largest independently owned real estate brokerage firm, furthering each company’s ability to provide best-in-class service and enhance the real estate experience for clients by providing best-in-class agents, products and services. For more information, visit talktotucker.com