Indiana Real Estate Market Numbers
This just in! The latest numbers for the Indiana Real Estate Market....
A summary: Sales up, prices up! New listings down. This is good news for sellers/homeowners because things are turning the corner. However if you're a buyer, this is a sign that if you are able, you should be pulling the trigger and buying NOW!
From Indiana Association of Realtors:
The good news made last month is part of a trend that proves local residential real estate markets across the state continue to strengthen from the worst of the recession. September 2012 marks the following consecutive year-over-year gains in home prices and market activity:
• The number of closed home sales has increased year-over-year for 15 consecutive months,
• The median sale price of homes has increased for 10 consecutive months,
• The average sale price has increased for nine consecutive months,
• The number of pending home sales has increased for 12 consecutive months, and
• Sellers received a greater share of their original list price for the seventh consecutive month.
This isn't a one time event, we are trending this way everyone! Here's to the recovery!
Brian
