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 Boone County, pended home sales slipped 7.3 percent to 331 homes from 357 homes for the first four months of this year compared to the same time period last year.
- Zionsville has experienced an uptick in sales. Last month, 51 homes pended, a modest increase of three homes compared to April 2014.
- Year-to-date home prices in Zionsville continue to rise. The average price spiked 6.8 percent to $370,796 from $374,188 last year.
- Of the pended home sales in Zionsville last month, 15 were priced $500,000 to $999,999; 23 were priced $300,000 to $499,999; eight were priced $200,000 to $299,999; and five were priced $100,000 to $199,999.
- The pace of home sales in Zionsville is steady. Last month, homes sold in 82 days on average which is on par with April 2014’s pace.
- Inventory in Zionsville has decreased. In April 2015, 180 homes were on the market, tightening by 22 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.