Inventory tightening, prices climbing

0

With 2,788 sales in April in Central Indiana, overall year-to-date home sales are up 16.6 percent compared to this time last year, according to statistics compiled by F.C. Tucker Co.

Hamilton County is among the areas seeing a noticeable uptick in the housing market:

  • In the first four months of this year, 2,152 homes have sold in Hamilton County, an increase of 20.2 percent compared to the same time last year.
  • In April 2013, 588 homes sold in Hamilton County, which is 42 more homes than April of last year.
  • In Carmel, home sales dropped slightly. In April 2013, 166 homes sold, a decrease of 10 homes compared to April 2012.
  • Inventory is tightening in Carmel. Last month, 533 homes were available for homebuyers, 192 fewer homes than April of last year.
  • Home prices in Carmel are slowly rising. In Carmel, the average sales price in April 2013 was $339,411, an increase of 10 percent.
  • Of the pended home sales in Carmel last month, three were priced $1,000,000 to $1,999,999; 28 were priced $500,000 to $999,999; 55 were priced $300,000 to $499,999; 39 were priced $200,000 to $299,999; 36 were priced $100,000 to $199,999; and five were priced at $99,999 or less.

The pace of home sales surged in the first quarter. Sales associates are seeing a notable shift in buying habits as the number of desirable homes on the market tightens and prices begin to climb.


Current Morning Briefing Logo

Stay CURRENT with our daily newsletter (M-F) and breaking news alerts delivered to your inbox for free!

Select list(s) to subscribe to



By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
Share.

Current Morning Briefing Logo

Stay CURRENT with our daily newsletter (M-F) and breaking news alerts delivered to your inbox for free!

Select list(s) to subscribe to



By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact