| Housing data released today for April 2012 shows continued growth in central
Indiana, including an increase in home prices and a rising number of closed and
pending sales. The April Monthly Indicators Report of BLC® listing service data released by MIBOR today reveals that closed sales increased by 16.1 percent in the three months ending in April 2012 when compared to the same three-month period last year. In April alone, closed sales increased by 18 percent. Pending sales also continued to increase, up 11.2 percent for the three months ending in April, and 7.8 percent in the one-month comparison. Average sales and median sales price experienced continued growth, up 5.5 and 6.0 percent respectively in the three-month comparison. Months of supply decreased considerably in both the one and three-month view. Months of supply of inventory stands at 8.1 months in April. Along with the Monthly Indicators report, a one-page report of each county within the service area is also provided. In total, these data sets are intended to be a snapshot of the market, providing historical comparisons whenever possible. The data was pulled from the BLC® listing service on May 16. To download the Monthly Indicators report, click here. To view the one-page county reports, click here. Please note, due to the length of the reports, it may take a few minutes to download. If you have questions regarding the data, please let us know! |
Bruce & Justine Bright
THE BRIGHT Side of Real Estate
Our Website: www.BrightSideTeam.com
Home Search Site: www.IndyHomeSearcher.com
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