More than 2,000 homes pended in September, with five Central Indiana counties reporting increased sales compared to the same time period last year, according to statistics compiled by F.C. Tucker Company. Overall, September 2014 pended home sales rose 1.1 percent to 2,203 over September 2013, an increase of 25 homes sold in the nine counties that F.C. Tucker tracks. Year-to-date, 22,527 homes pended, a decline of 1,562 homes compared to the same time period in 2013.
Boone County is among the areas that experienced an increase. Last month, 88 homes pended, an increase of six percent compared to September 2013.
•Pended home sales decreased slightly in Zionsville. Last month 37 homes pended, a decrease of one home compared to September 2013.
•Of the pended home sales in Zionsville last month, two were priced $1,000,000 to $1,999,999; five were priced $500,000 to $999,999; 18 were priced $300,000 to $499,999; eight were priced $200,000 to $299,999; and four were priced $100,000 to $199,999.
•In Zionsville, the average year-to-date sale price in September was $384,245 an increase of 11 percent compared to the same time period last year.
•Inventory is moving fast. Last month, homes in Zionsville remained on the market an average of 80 days, which is a decrease of two days from September 2013.
•The number of homes for sale in has remained stable. In September 2014, 212 homes were on the market, unchanged from September 2013.
As we move into the final quarter of the year, sales appear healthy. Though sales will likely slow as we settle into the colder months, we believe the Central Indiana housing market will continue to make subtle progress.