With 2,912 pended sales in April in Central Indiana, overall year-to-date home sales are up 8.9 percent compared to this time period last year, according to statistics compiled by F.C. Tucker Company. On a monthly basis, April 2015 pended home sales rose 0.2 percent compared to April 2014, a modest increase of six homes sold in the nine counties that F.C. Tucker tracks.
In Hamilton County, pended home sales are up 9.5 percent to 2,228 homes from 2,035 homes for the first four months of this year compared to the same time period last year.
- Home sales in the Fishers/Geist area have slipped. Last month, 216 homes pended, a decrease of 10 homes compared to April 2014.
- Year-to-date home prices in the Fishers/Geist market continue to rise. The average price increased 2 percent to $253,198 from $248,177 last year.
- Of the pended home sales in the Fishers/Geist area last month, two were priced $1,000,000 to $1,999,999; 10 were priced $500,000 to $999,999; 39 were priced $300,000 to $499,999; 67 were priced $200,000 to $299,999; 96 were priced $100,000 to $199,999; and two were priced at $99,999 or less.
- Homes in the Fishers/Geist area are selling at a steady pace. Last month, homes sold in 75 days on average, which is two days slower than April of last year.
- Inventory has decreased slightly in the Fishers/Geist market. In April 2015, 554 homes were on the market, tightening by 30 homes compared to April 2014.
We’re pleased the second quarter is off to a strong start compared to this time last year. Inventory is tight and prices continue to rise – positive signs that our housing market is gaining momentum.
