Column: What’s the latest on home sales?

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More than 1,700 homes pended in January, with all but three Central Indiana counties reporting increased sales compared to the same time period last year, according to statistics compiled by F.C. Tucker Company. Overall, January 2015 pended home sales rose 4.7 percent over January 2014 to 1,702, an increase of 76 homes sold in the nine counties that F.C. Tucker tracks.

Overall, sales prices for the nine-county Central Indiana area increased by 1.5 percent. In Hamilton County, home sales prices last month were up 1.6 percent to $271,883 compared to January 2014.

  • In Westfield, home sales prices rose 1.7 percent to $332,319 from $326,687 compared to January of last year.
  • Inventory is moving quickly in Westfield. Last month, homes sold in 76 days on average – four fewer days than January 2014.
  • More homes have been placed on the market. In Westfield, 193 homes were available for sale last month, an increase of 14 homes compared to January 2014.
  • Pended sales in Westfield are stable. In January 2015, 48 homes sold, a decrease of one home compared to January 2014.

Home sales are on par with what we’ve experienced typically in January. Whether home sales surge during the rest of the year will depend on a number of factors, including consumer confidence and economic stability, but we continue to be optimistic

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Column: What’s the latest on home sales?

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By Jim Litten

More than 1,700 homes pended in January, with all but three Central Indiana counties reporting increased sales compared to the same time period last year, according to statistics compiled by F.C. Tucker Company. Overall, January 2015 pended home sales rose 4.7 percent over January 2014 to 1,702, an increase of 76 homes sold in the nine counties that F.C. Tucker tracks.

Overall, sales prices for the nine-county Central Indiana area increased by 1.5 percent. In Hamilton County, home sales prices last month were up 1.6 percent to $271,883 compared to January 2014.

  • In Noblesville, home sales prices spiked 23 percent to $226,498 from $184,138 compared to January of last year.
  • Inventory is moving at a gradual pace in Noblesville. Last month, homes sold in 80 days on average – eight days slower than January 2014.
  • More homes have been placed on the market. In Noblesville, 306 homes were available for sale last month, an increase of 20 homes compared to January 2014.
  • Pended sales in Noblesville have decreased. In January 2015, 74 homes sold, a decrease of three homes compared to January 2014.

Home sales are on par with what we’ve experienced typically in January. Whether home sales surge during the rest of the year will depend on a number of factors, including consumer confidence and economic stability, but we continue to be optimistic

Share.

Column: What’s the latest on home sales?

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More than 1,700 homes pended in January, with all but three Central Indiana counties reporting increased sales compared to the same time period last year, according to statistics compiled by F.C. Tucker Company. Overall, January 2015 pended home sales rose 4.7 percent over January 2014 to 1,702, an increase of 76 homes sold in the nine counties that F.C. Tucker tracks.

Overall, sales prices for the nine-county Central Indiana area increased by 1.5 percent. In Hamilton County, home sales prices last month were up 1.6 percent to $271,883 compared to January 2014.

  • In Fishers, home sales prices modestly rose 0.8 percent to $251,765 from $249,653 compared to January of last year.
  • Inventory is moving at a gradual pace in Fishers. Last month, homes sold in 80 days on average – five days slower than January 2014.
  • More homes have been placed on the market. In Fishers, 465 homes were available for sale last month, an increase of 31 homes compared to January 2014.
  • Pended sales in Fishers have decreased. In January 2015, 109 homes sold, a decrease of six homes compared to January 2014.

Home sales are on par with what we’ve experienced typically in January. Whether home sales surge during the rest of the year will depend on a number of factors, including consumer confidence and economic stability, but we continue to be optimistic

Share.

Column What’s the latest on home sales?

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More than 1,700 homes pended in January, with all but three Central Indiana counties reporting increased sales compared to the same time period last year, according to statistics compiled by F.C. Tucker Company. Overall, January 2015 pended home sales rose 4.7 percent over January 2014 to 1,702, an increase of 76 homes sold in the nine counties that F.C. Tucker tracks.

Overall, sales prices for the nine-county Central Indiana area increased by 1.5 percent. In Hamilton County, home sales prices last month were up 1.6 percent to $271,883 compared to January 2014. Still within the county, there were fluctuations:

  • In Carmel, home sales prices dipped 5.6 percent to $331,154 from $350,831 compared to January of last year.
  • Inventory is moving quickly in Carmel. Last month, homes sold in 78 days on average – 22 days faster than January 2014.
  • More homes have been placed on the market. In Carmel, 456 homes were available for sale last month, an increase of 45 homes compared to January 2014.
  • Pended sales in Carmel have decreased. In January 2015, 85 homes sold, a decrease of 14 homes compared to January 2014.

Home sales are on par with what we’ve experienced typically in January. Whether home sales surge during the rest of the year will depend on a number of factors, including consumer confidence and economic stability, but we continue to be optimistic

Share.