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Local Market Data: June Reveals Increase in Home Prices and New Listings, Decrease in Pending and Closed Sales

Published Monday, July 21, 2014

Housing data released by MIBOR today shows a continued increase in home prices in central Indiana with decreases in pending and closed sales. New listings jumped by 6.5 percent in June and 2.1 percent in the last quarter. Months of Inventory decreased slightly in June to place the availability of properties at 5.6 months.

Median Sales Price for the quarter ending in May grew 3.9 percent to $142,900 compared to the same quarter last year. Average Sales Price grew 4.9 percent to $188,435 for the quarter ending in June 2014 compared to 2013.

Along with the Monthly Indicators Report, a one-page report of each county within the service area is also provided. In total, these data sets are intended to be a snapshot of the market, providing historical comparisons whenever possible. The data was pulled from the BLC® listing service on July 17. To download the Monthly Indicators report, click here. To view the one-page county reports, click here.

Please note, due to the length of the reports, it may take a few minutes to download. If you have questions regarding the data, please contact clairebelby@mibor.com.  

 

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