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Local Market Review: Sales and Prices Increase in January 2018

Sunday, February 25, 2018   /   by Carlos J Higareda

Local Market Review: Sales and Prices Increase in January 2018

January 2018

Local Market Review: Sales and Prices Increase in January 2018

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

  • Pending Sales: increased 3.1 percent in January, 6.8 percent for the quarter
  • Closed Sales: increased 5.3 percent in January, 3.8 percent for the quarter
  • Median Sales Price: up 10.0 percent in January to $158,000
  • Average Sales Price: up 5.6 percent in January to $192,732
  • New Listings: decreased 3.8 percent in January, and dropped 3.0 percent for the quarter
  • Months of Inventory dropped to 2.3
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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