If you need assistance, please call 317-590-2901

Local Market Data: Closed Sales Increase in June, At Slower Pace

Monday, July 25, 2016   /   by Carlos J Higareda

Local Market Data: Closed Sales Increase in June, At Slower Pace

Housing data released by MIBOR today shows a 5.4 percent increase in closed sales for the month of June and an 11.7 percent increase for the quarter ending in June compared to the same time periods one year ago. Pending sales are strong with an 8.1 percent increase in June and 6.4 percent increase for the quarter.

The closed sales pace is off the strong 18.6 percent increase seen in May. Prices continue to rise at a healthy pace as they have all year. Median sales price increased 3.2 percent in June to $163,000 and average sales price increased 5.0 percent to $203,913. For the quarter ending in June, median sales price is up 3.3 percent and average sales price has increased 2.8 percent.

Months of inventory remains tight at 4.0 months.

source: MIBOR

eXp Realty
Carlos Higareda
719 Virginia Ave, Suite 101
Indianapolis, IN 46203
317-590-2901
317-881-3700

The source of the Licensed Listings is BLC® listing service. The Licensed Listings are confidential information of BLC® listing service. The BLC® listing information is provided by the Metropolitan Indianapolis Board of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2020 Metropolitan Indianapolis Board of REALTORS® All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
This site powered by CINC: www.cincpro.com