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Local Market Data

Monday, February 20, 2017   /   by Carlos J Higareda

Local Market Data

Closed Sales Increase for the Month of January 2017

Housing data released by MIBOR today shows a 4.4 percent increase in closed sales for the month of January and a 10.4 percent increase for the quarter ending in January compared to the same time periods one year ago. Pending sales increased 5.5 percent in January, and 0.9 percent for the quarter. For the sixth month, housing data from Bartholomew and Jennings counties has been incorporated into the full MIBOR service area as the transition of data from the Crossroads listing service to the BLC® listing service is now complete. While the addition of two counties does account for some increase, closed activity in Bartholomew and Jennings counties account for 67 of the 1,806 closings for the month. 

Prices continue to increase with median sales price up 4.5 percent in January to $143,700 and average sales price up 6.1 percent to $182,552. For the quarter ending in January, median sales price is up 5.7 percent and average sales price has increased 5.5 percent. Months of inventory decreased slightly to 2.9.

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.
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