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Local Market Review: New Listings Up, Pending Sales Increased in June 2017

Thursday, July 27, 2017   /   by Carlos J Higareda

Local Market Review: New Listings Up, Pending Sales Increased in June 2017

Local Market Review: New Listings Up, Pending Sales Increased in June 2017


Housing data released by MIBOR today shows pending sales increased by 10.1 percent in June, and 6.9 percent for the quarter. Closed sales rose 6.9 percent for the month of June, compared to the same month one year ago, and increased by 2.2 percent for the quarter ending in June. For the eleventh 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 166 of the 3,898 closings for the month. 

Prices increased with median sales price up 6.4 percent in June to $163,000 and average sales price up 4.4 percent to $203,913. 
For the quarter ending in June, median sales price is up 6.3 percent and average sales price has increased 5.5 percent. Months of inventory was consistent at 3.1.

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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