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Local Market Review: Sales and Prices Increase in October 2017

Monday, November 27, 2017   /   by Carlos J Higareda

Local Market Review: Sales and Prices Increase in October 2017

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

  • Pending Sales: increased 15.6 percent in October, 6.9 percent for the quarter

  • Closed Sales: increased 10.5 percent in October, 4.8 percent for the quarter

  • Median Sales Price: up 7.2 percent in October to $164,000

  • Average Sales Price: up 7.6 percent in October to $201,180

  • New Listings: increased 1.0 percent in October, and 1.3 percent for the quarter

  • Months of Inventory dropped to 3.0

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

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