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.