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Local Market Review: Year Ends with Closing Gains

Sunday, January 19, 2014   /   by Carlos J Higareda

Local Market Review: Year Ends with Closing Gains

Housing data released by MIBOR today reveals the stabilizing trends throughout 2013 and a bump in closed sales for December and the 4th quarter. Closed sales increased 4.3 percent for the 4th quarter and increased 10.8 percent in December compared to the same periods in 2012. Pending sales are down; 10.3 for December and 4.5 for the quarter. MORE

According to the MIBOR Monthly Indicators Report, prices also made strong gains. Median sales price increased 5.4 in December and 4.8 percent in the 4th quarter compared in 2012. Average sales price grew more; 6.9 for the quarter and 10.5 percent in December. The current average sales price in central Indiana is $176,622; median sales price is $134,900. Inventory is at its lowest point all year at 4.5 months.

The data was pulled from the BLC® listing service on January 17.

eXp Realty
Carlos Higareda
107 N State Road 135
Greenwood, IN 46142

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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