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Local Market Review: Rise in New Listings, Pending Sales, and Closed Sales

Tuesday, September 26, 2017   /   by Carlos J Higareda

Local Market Review: Rise in New Listings, Pending Sales, and Closed Sales

September 2017

Local Market Review: Rise in New Listings, Pending Sales, and Closed Sales

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

  • New Listings: increased 3.4 percent in August, 1.1 percent for the quarter ending in August
  • Pending Sales: increased 2.5 percent in August, 6.2 percent for the quarter ending in August
  • Closed Sales: increased 3.7 percent in August, 3.4 percent for the quarter ending in August
  • Median Sales Price: up 6.1 percent in August to $164,275
  • Average Sales Price: up 6.7 percent to $205,108
  • For the quarter ending in August, Median Sales Price is up 6.3 percent from the same period in 2016
  • For the quarter ending in August, Average Sales Price has increased 6.3 percent from the same period in 2016
  • Months of Inventory remained unchanged at 3.2 down 20% from the prior year
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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