The Indianapolis Business Journal reports that year-to-date home sales are nearly 20 percent ahead of the 2012 pace, and the average sale price is more than 5 percent up from last year — through June the average sale price was $161k. Even high-end real estate is increasing, as seven $1 million homes were sold in June.
June saw 2,637 purchase agreements on existing homes. Marion County agreements are up 5.5 percent from last year, while Hamilton County saw an 8.3 percent jump. If you are interested in more detailed information about home sales in your neighborhood, please let me know.
An active market is a healthy market, so if you’re looking to buy a home, now is a good time to start.
Let me know if you’re ready to buy or sell a home in the Indianapolis area, and we will work diligently to put you in the home of your dreams.
