"Despite the financial uncertainties brought about by the COVID-19 pandemic, the Central Indiana real estate market remained active in March,” said Jim Litten, CEO of F.C. Tucker Company. "Inventory continues to remain low, prompting a continued increase in home sale prices." INDIANAPOLIS – Monthly real estate stats from F.C. Tucker Company showed Central Indiana home sales decreased slightly in March 2020; however, home prices continued to increase and inventory continued to decrease. Pended home sales decreased 3.5 percent, but the average home sale price for the 16-county central Indiana region in March was $239,714, an increase of 9.8 percent. The year-to-date average home sale price also increased, by 8.8 percent, to $229,889. Home inventory decreased by 9.9 percent, compared to this time last year. In March 2020, 3,540 central Indiana homes were purchased, down 3.5 percent from the 3,668 sold in March 2019. Specifically:
"Despite the financial uncertainties brought about by the COVID-19 pandemic, the Central Indiana real estate market remained active in March,” said Jim Litten, CEO of F.C. Tucker Company. "Inventory continues to remain low, prompting a continued increase in home sale prices." Of the pended home sales in the region last month, 1 was priced $2,000,000 or higher; 18 were priced $1,000,000 to $1,999,999; 168 were priced $500,000 to $999,999; 651 were priced $300,000 to $499,999; 961 were priced $200,000 to $299,999; 1,361 were priced $100,000 to $199,999; and 380 were priced at $99,999 or less. Editor’s Notes:
PENDED SINGLE-FAMILY AND CONDOMINIUM SALES ACTIVE LISTINGS – INVENTORY AVERAGE SALE PRICE With more than $4 billion in annual sales, F.C. Tucker Company is Indiana’s largest independently owned comprehensive real estate firm with more than 40 offices and more than 1,500 sales associates throughout Indiana and select markets in Kentucky. Less than one percent of all real estate firms have the longevity of F.C. Tucker. Founded in 1918, the company’s family of businesses includes a full range of real estate services—mortgages, title insurance, relocation services, a full line of insurance products, auctioning and homeowner warranty products. F.C. Tucker has earned a reputation for its exceptional service, experienced sales associates and “Golden Rule” commitment to its clients and employees. For more information, visit talktotucker.com
Comments are closed.
|
Archives
August 2024
Categories
All
|