With 2,036 pended sales in February in Central Indiana, overall year-to-date home sales are up 8.3 percent compared to this time period last year, according to statistics compiled by F.C. Tucker Company.
On a monthly basis, February 2015 pended home sales rose 2.7 percent compared to February 2014, an increase of 53 homes sold in the nine counties that F.C. Tucker tracks. Six of the nine counties reported increased sales compared to February 2014. However, in Boone County sales last month tumbled 8.1 percent to 68 homes sold.
- In Zionsville, home sales declined. Last month, 32 homes pended, a decrease of 12 homes compared to February 2014.
- Homebuyers in Zionsville have more options. In February 2015, 178 homes were available for sale, an uptick of 9.9 percent from February 2014.
- Home prices in Zionsville continue to make gains. For the first two months of this year, home prices averaged $382,112, an increase of 1.1 percent compared to the same time period last year.
- Of the pended home sales in Zionsville last month, five were priced $500,000 to $999,999; 14 were priced $300,000 to $499,999; nine were priced $200,000 to 299,999; and four were priced $100,000 to $199,999.
- Inventory is selling at a slower pace. In Zionsville, homes remain on the market an average of 96 days, nine days longer than the same time period last year.
We’re excited to see the first quarter moving in a positive direction. As we head toward the spring selling months, we’re optimistic that modest sales gains will continue across most of Central Indiana.