Wednesday, August 26, 2015

July 2015 Indiana Housing Data/Statistics/Information: Are You Asking "How Much is My Indianapolis House Worth?"

by Lisa Treadwell

Yes, it's absolutely true. The seller's market for homes continues across Indianapolis, Central Indiana, and all of the state. Bottom line? If you're contemplating whether or not to sell a house, this is clearly an ideal time.

"The latest Indiana Real Estate Markets Report shows July 2015 outperformed last July in all but one category," writes the Indiana Association of REALTORS.

• Median sale price of homes increased 6.1 percent to $140,000.
• Average sale price increased 7.1 percent to $170,274.
• Percentage of original list price received increased 0.3 percent to 94.9 percent.
• Pending home sales increased 5.9 percent to 7,459.
• Closed home sales increased 8.6 percent to 8,476.
• Number of new listings decreased 6.2 percent to 11,188.

Have Questions About Buying or Selling a House in Central Indiana?

“Low mortgage rates are empowering consumers across the state to invest in housing,” said Bruce Bright, 2015 President of the Indiana Association of REALTORS®. “It’s a great time to be a seller. Despite fewer listings and rising prices, buyer demand is not letting up. Low inventory means buyers have to move fast when they find the right home."


Great Investment Property 
Perfect for a Flip

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