Home sales are up 18.6 percent

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With 2,415 pended sales in August in Central Indiana, overall year-to-date home sales are up 18.6 percent compared to this time period last year, according to statistics compiled by F.C. Tucker Company.

On a monthly basis, August pended home sales rose 3 percent above August 2012, an increase of 71 homes sold in the nine counties that F.C. Tucker tracks. Seven of the nine counties reported increased sales compared to August 2012.

Though August pended home sales slipped slightly in Hamilton County, sales are still trending upward for the first eight months of 2013 compared to the same time period last year.

 

  • In Hamilton County, overall year-to-date home sales climbed to 4,849 – an increase of 842 homes compared to the same time period last year.
  • August home sales in Hamilton County dipped 4.7 percent to 484 homes – down 24 homes from August 2012.
  • Specifically in Fishers, 53 homes pended in August, an increase of 12.8 percent compared to August 2012.
  • Available homes are spending less time on the market in Fishers. For the first eight months of this year, homes spent an average of 67 days for sale. During the same time last year, homes spent 85 days on the market.
  • Sales prices are also up in Fishers. Last month, the average sales price rose slightly to $180,583 – up 0.6 percent from August 2012.
  • Of the pended home sales in Fishers last month four were priced $300,000 to $499,999, six were priced $200,000 to 299,999, 38 were priced $100,000 to $199,999 and five were priced at $99,999 or less.

As we move further into the third quarter, we remain encouraged by the direction of the market in Central Indiana. Across the region, home sales and home prices continue to grow as the inventory shrinks – necessary factors for market stabilization despite a few fluctuations that sometimes occur.

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Home sales are up 18.6 percent

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With 2,415 pended sales in August in Central Indiana, overall year-to-date home sales are up 18.6 percent compared to this time period last year, according to statistics compiled by F.C. Tucker Company.

On a monthly basis, August pended home sales rose 3 percent above August 2012, an increase of 71 homes sold in the nine counties that F.C. Tucker tracks. Seven of the nine counties reported increased sales compared to August 2012.

Though August pended home sales slipped slightly in Boone County, sales are still trending upward for the first eight months of 2013, compared to the same time period last year.

 

  • In Boone County, overall year-to-date home sales climbed to 808 – an increase of 100 homes compared to the same time period last year.
  • August 2013 home sales in Boone County dipped 11 percent to 81 homes – down 10 homes from August 2012.
  • Specifically in Zionsville, 41 homes pended in August, a decrease of 4.7 percent compared to August 2012.
  • Available homes are spending less time on the market in Zionsville. For the first eight months of this year, homes spent an average of 81 days for sale. During the same time last year, homes spent 113 days on the market.
  • Sales prices are also up in Zionsville. Last month, the average sales price rose to $333,269 – up 23.6 percent from August 2012.
  • Of the pended home sales in Zionsville last month three were priced $500,000 to $999,999, 20 were priced $300,000 to $499,999, eight were priced $200,000 to 299,999, and 10 were priced $100,000 to $199,999.

As we move further into the third quarter, we remain encouraged by the direction of the market in Central Indiana. Across the region, home sales and home prices continue to grow as the inventory shrinks – necessary factors for market stabilization despite a few fluctuations that sometimes occur.

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Home sales are up 18.6 percent

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With 2,415 pended sales in August in Central Indiana, overall year-to-date home sales are up 18.6 percent compared to this time period last year, according to statistics compiled by F.C. Tucker Company.

On a monthly basis, August pended home sales rose 3 percent above August 2012, an increase of 71 homes sold in the nine counties that F.C. Tucker tracks. Seven of the nine counties reported increased sales compared to August 2012.

Though August pended home sales slipped slightly in Hamilton County, sales are still trending upward for the first eight months of 2013 compared to the same time period last year.

 

  • In Hamilton County, overall year-to-date home sales climbed to 4,849 – an increase of 842 homes compared to the same time period last year.
  • August home sales in Hamilton County dipped 4.7 percent to 484 homes – down 24 homes from August 2012.
  • Specifically in Carmel, 116 homes pended in August, a decrease of 42 homes compared to August 2012.
  • Available homes are spending less time on the market in Carmel. For the first eight months of this year, homes spent an average of 77 days for sale. During the same time last year, homes spent 94 days on the market.
  • Sales prices slipped in Carmel. Last month, the average sales price fell slightly to $306,045 – down 2.1 percent from August 2012.
  • Of the pended August home sales in Carmel, two were priced more than $2,000,000, one was priced $1,000,000 to $1,999,999, 15 were priced $500,000 to $999,999, 26 were priced $300,000 to $499,999, 38 were priced $200,000 to 299,999, 30 were priced $100,000 to $199,999, and four were priced at $99,999 or less.

As we move further into the third quarter, we remain encouraged by the direction of the market in Central Indiana. Across the region, home sales and home prices continue to grow as the inventory shrinks – necessary factors for market stabilization despite a few fluctuations that sometimes occur.

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Home sales are up 18.6 percent

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Commentary by Jim Litten

With 2,415 pended sales in August in Central Indiana, overall year-to-date home sales are up 18.6 percent compared to this time period last year, according to statistics compiled by F.C. Tucker Company.

On a monthly basis, August pended home sales rose 3 percent above August 2012, an increase of 71 homes sold in the nine counties that F.C. Tucker tracks. Seven of the nine counties reported increased sales compared to August 2012.

Though August pended home sales slipped slightly in Hamilton County, sales are still trending upward for the first eight months of 2013 compared to the same time period last year.

 

  • In Hamilton County, overall year-to-date home sales climbed to 4,849 – an increase of 842 homes compared to the same time period last year.
  • August home sales in Hamilton County dipped 4.7 percent to 484 homes – down 24 homes from August 2012.
  • Specifically in Noblesville, 111 homes pended in August, an increase of 29.1 percent compared to August 2012.
  • Available homes are spending less time on the market in Noblesville. For the first eight months of this year, homes spent an average of 75 days for sale. During the same time last year, homes spent 103 days on the market.
  • Sales prices are also up in Noblesville. Last month, the average sales price rose to $205,164 – up 4.4 percent from August 2012.
  • Of the pended home sales in Noblesville last month one was priced more than $2,000,000, four were priced $500,000 to $999,999, 21 were priced $300,000 to $499,999, 19 were priced $200,000 to 299,999, 53 were priced $100,000 to $199,999 and 13 were priced at $99,999 or less.

As we move further into the third quarter, we remain encouraged by the direction of the market in Central Indiana. Across the region, home sales and home prices continue to grow as the inventory shrinks – necessary factors for market stabilization despite a few fluctuations that sometimes occur.

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Home sales are up 18.6 percent

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With 2,415 pended sales in August in Central Indiana, overall year-to-date home sales are up 18.6 percent compared to this time period last year, according to statistics compiled by F.C. Tucker Company.

On a monthly basis, August pended home sales rose 3 percent above August 2012, an increase of 71 homes sold in the nine counties that F.C. Tucker tracks. Seven of the nine counties reported increased sales compared to August 2012.

Though August pended home sales slipped slightly in Hamilton County, sales are still trending upward for the first eight months of 2013 compared to the same time period last year.

 

  • In Hamilton County, overall year-to-date home sales climbed to 4,849 – an increase of 842 homes compared to the same time period last year.
  • August home sales in Hamilton County dipped 4.7 percent to 484 homes – down 24 homes from August 2012.
  • Specifically in Westfield, 61 homes pended in August, a decrease of 15 homes compared to August 2012.
  • Available homes are spending less time on the market in Westfield. For the first eight months of this year, homes spent an average of 67 days for sale. During the same time last year, homes spent 92 days on the market.
  • Sales prices are up in Westfield. Last month, the average sales price rose to $260,304 –rising 5.9 percent from August 2012.
  • Of the pended home sales in Westfield last month one was priced $1,000,000 to $1,999,999, one was priced $500,000 to $999,999, 11 were priced $300,000 to $499,999, 14 were priced $200,000 to 299,999, 33 were priced $100,000 to $199,999 and one was priced at $99,999 or less.

As we move further into the third quarter, we remain encouraged by the direction of the market in Central Indiana. Across the region, home sales and home prices continue to grow as the inventory shrinks – necessary factors for market stabilization despite a few fluctuations that sometimes occur.

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