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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
9465 Counselors Row
Indianapolis, IN 46240
317-590-2901
Indiana Luxury Property

Based on information submitted to the MLS GRID as of April 27, 2025 1 AM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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