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Local Market Review: March 2018 Housing Data

Tuesday, April 24, 2018   /   by Carlos J Higareda

Local Market Review: March 2018 Housing Data

March 2018

Local Market Review: March 2018 Housing Data

Housing data released by MIBOR from the BLC® Listing Service today shows (year-over-year):

  • Pending Sales: increased 30.5 percent in March, and increased 13.0 percent for the quarter**
  • Closed Sales: decreased 7.5 percent in March, 0.2 percent for the quarter
  • Median Sales Price: up 11.2 percent in March to $173,500
  • Average Sales Price: up 10.6 percent in March to $209,313
  • New Listings: decreased 8.8 percent in March, and dropped 7.5 percent for the quarter
  • Months of Inventory dropped to 1.9**

source: MIBOR Realtor Association 
eXp Realty
Carlos Higareda
9465 Counselors Row
Indianapolis, IN 46240
317-590-2901
Indiana Luxury Property

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 © 2024 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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