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Chris Wood

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Market Watch

January Market Watch

 

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January brings an 11.7 percent spike in Central Indiana home sales

F.C. Tucker reports average home prices continue to climb, time on market decreases

INDIANAPOLIS – F.C. Tucker Company’s monthly real estate market stats indicated the housing market is still going strong. January 2017 pended sales were up 11.7 percent compared to January 2016. Similarly, the average year-to-date home price for the 15-county Central Indiana region rose 7.1 percent to $180,866.

With the New Year came new resolutions of home ownership which contributed to 2,109 homes sold in Central Indiana, an increase from 1,851 homes sold in December. Hendricks and Hamilton counties showed the largest increase in the number of homes sold among suburban counties. In January, 10 of the 15 counties that F.C. Tucker tracks experienced an increase in sales. Specifically:

  • Hendricks and Hamilton counties displayed significant growth in homes sold. Hendricks County’s sales increased by 40.3 percent in January 2017 compared to January 2016, and Hamilton County’s sales increased 28.5 percent.

  • Putnam and Montgomery counties’ pended sales, in contrast, decreased by 47.5 percent and 36.8 percent, respectively, compared to January 2016.

In keeping with the previous...

Fishers Homes for Sale Market Data

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December Home Prices Rise in Central Indiana

 


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Central Indiana ends year with a 5.3 percent bump in December home sales

F.C. Tucker reports average year-to-date home prices continue to climb while inventory tightens

INDIANAPOLIS – F.C. Tucker Company’s monthly real estate market stats indicated a strong finish to 2016, with home sales up 5.2 percent for the year and December 2016 sales up 5.3 percent compared to December 2015. Likewise, the average year-to-date home price for the 15-county Central Indiana region rose 3.4 percent to $188,616.

Home buyers were active in December, despite the weather, and contributed to 1,851 homes sold in Central Indiana, with Putnam and Decatur Counties showing the largest increase in the number of homes sold among the suburban counties. In December, 8 of the 15 counties that F.C. Tucker tracks experienced an increase in sales. Specifically:

  • Putnam and Decatur counties displayed significant growth in homes sold. Putnam County’s sales increased by 81.3 percent in December 2016 compared to December 2015,...