Local Market Update – March 2013 A RESEARCH TOOL PROVIDED BY THE METROPOLITAN INDIANAPOLIS BOARD OF REALTORS®
Boone County
- 21.7%
+ 11.0%
- 9.9%
Change in New Listings
Change in Closed Sales
Change in Median Sales Price
Jan through Mar 2012
2013
New Listings
385
Closed Sales
165
Median Sales Price* Average Sales Price* Percent of Original List Price Received at Sale*
March
+/–
2012
2013
+/–
344
- 10.6%
166
130
- 21.7%
193
+ 17.0%
73
81
+ 11.0%
$194,000
$176,500
- 9.0%
$208,000
$187,500
- 9.9%
$248,582
$224,610
- 9.6%
$272,197
$222,128
- 18.4%
89.5%
89.2%
- 0.3%
89.8%
90.5%
+ 0.8%
Months Supply of Inventory
8.3
5.5
- 33.3%
8.5
5.5
- 34.8%
Single-Family Detached Inventory
522
426
- 18.4%
545
429
- 21.3%
Townhouse-Condo Inventory
22
14
- 33.8%
24
15
- 37.5%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
2012
Jan through Mar
2013
2012
March
2013
166
385 344
130
165
- 10.6% New Listings
193
73
- 21.7% New Listings
+ 17.0% Closed Sales
Change in Median Sales Price from Prior Year (6-Month Average)**
81
+ 11.0% Closed Sales
Indianapolis Metro Area
b
Boone County
a
+ 25% + 20% + 15% + 10% + 5% 0% - 5% - 10% - 15% - 20% 1-2008
7-2008
1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®). Provided by the Metropolitan Indianapolis Board of REALTORS® and Multiple Listing Service. | Powered by 10K Research and Marketing.
Local Market Update – March 2013 A RESEARCH TOOL PROVIDED BY THE METROPOLITAN INDIANAPOLIS BOARD OF REALTORS®
Brown County
+ 3.3%
+ 23.1%
+ 2.4%
Change in New Listings
Change in Closed Sales
Change in Median Sales Price
Jan through Mar 2012
2013
New Listings
86
Closed Sales
30
Median Sales Price* Average Sales Price* Percent of Original List Price Received at Sale*
March
+/–
2012
2013
+/–
61
- 29.1%
30
31
+ 3.3%
35
+ 16.7%
13
16
+ 23.1%
$128,000
$134,778
+ 5.3%
$135,000
$138,278
+ 2.4%
$156,123
$169,308
+ 8.4%
$176,125
$184,472
+ 4.7%
79.8%
81.3%
+ 1.8%
80.5%
78.2%
- 2.9%
Months Supply of Inventory
22.4
18.5
- 17.5%
22.2
18.7
- 15.6%
Single-Family Detached Inventory
268
236
- 11.8%
266
246
- 7.5%
9
9
+ 3.7%
11
8
- 27.3%
Townhouse-Condo Inventory
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
2012
Jan through Mar
2013
2012
March
86
30
2013
31
61 30
- 29.1% New Listings
13
35
+ 3.3% New Listings
+ 16.7% Closed Sales
Change in Median Sales Price from Prior Year (6-Month Average)**
16
+ 23.1% Closed Sales
Indianapolis Metro Area
b
Brown County
a
+ 30%
+ 20%
+ 10%
0%
- 10%
- 20%
- 30% 1-2008
7-2008
1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®). Provided by the Metropolitan Indianapolis Board of REALTORS® and Multiple Listing Service. | Powered by 10K Research and Marketing.
Local Market Update – March 2013 A RESEARCH TOOL PROVIDED BY THE METROPOLITAN INDIANAPOLIS BOARD OF REALTORS®
Decatur County
0.0%
+ 18.8%
+ 40.4%
Change in New Listings
Change in Closed Sales
Change in Median Sales Price
Jan through Mar 2012
2013
New Listings
100
Closed Sales
36
March
+/–
2012
2013
+/–
92
- 8.0%
37
37
0.0%
53
+ 47.2%
16
19
+ 18.8%
Median Sales Price*
$99,000
$98,750
- 0.3%
$89,000
$125,000
+ 40.4%
Average Sales Price*
$100,495
$114,211
+ 13.6%
$92,244
$148,982
+ 61.5%
Percent of Original List Price Received at Sale*
82.1%
90.5%
+ 10.3%
82.1%
91.9%
+ 12.0%
Months Supply of Inventory
10.8
10.1
- 6.4%
11.6
10.1
- 13.2%
Single-Family Detached Inventory
186
177
- 4.8%
195
180
- 7.7%
2
2
+ 16.7%
2
2
0.0%
Townhouse-Condo Inventory
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
2012
Jan through Mar
2013
37 100
2012
March
2013
37
92 53
16
19
36
- 8.0% New Listings
0.0% New Listings
+ 47.2% Closed Sales
Change in Median Sales Price from Prior Year (6-Month Average)**
+ 18.8% Closed Sales
Indianapolis Metro Area
b
Decatur County
a
+ 50% + 40% + 30% + 20% + 10% 0% - 10% - 20% - 30% 1-2008
7-2008
1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®). Provided by the Metropolitan Indianapolis Board of REALTORS® and Multiple Listing Service. | Powered by 10K Research and Marketing.
Local Market Update – March 2013 A RESEARCH TOOL PROVIDED BY THE METROPOLITAN INDIANAPOLIS BOARD OF REALTORS®
Hamilton County
- 8.6%
+ 27.5%
- 4.0%
Change in New Listings
Change in Closed Sales
Change in Median Sales Price
Jan through Mar 2012
2013
March
+/–
2012
2013
+/–
New Listings
2,042
1,936
- 5.2%
841
769
- 8.6%
Closed Sales
852
1,159
+ 36.0%
386
492
+ 27.5%
Median Sales Price*
$183,000
$185,000
+ 1.1%
$186,000
$178,500
- 4.0%
Average Sales Price*
$225,660
$231,059
+ 2.4%
$234,527
$223,731
- 4.6%
90.3%
92.7%
+ 2.6%
91.7%
93.2%
+ 1.6%
6.9
4.2
- 39.4%
7.1
4.2
- 41.3%
2,190
1,694
- 22.6%
2,287
1,736
- 24.1%
265
215
- 18.8%
279
216
- 22.6%
Percent of Original List Price Received at Sale* Months Supply of Inventory Single-Family Detached Inventory Townhouse-Condo Inventory
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
2012
Jan through Mar
2013
841 2,042
2012
March
1,936
2013
769 492
1,159
386
852
- 5.2% New Listings
- 8.6% New Listings
+ 36.0% Closed Sales
Change in Median Sales Price from Prior Year (6-Month Average)**
+ 27.5% Closed Sales
Indianapolis Metro Area
b
Hamilton County
a
+ 15%
+ 10%
+ 5%
0%
- 5%
- 10%
- 15% 1-2008
7-2008
1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®). Provided by the Metropolitan Indianapolis Board of REALTORS® and Multiple Listing Service. | Powered by 10K Research and Marketing.
Local Market Update – March 2013 A RESEARCH TOOL PROVIDED BY THE METROPOLITAN INDIANAPOLIS BOARD OF REALTORS®
Hancock County
- 1.4%
+ 44.4%
+ 15.5%
Change in New Listings
Change in Closed Sales
Change in Median Sales Price
Jan through Mar 2012
2013
New Listings
382
Closed Sales
182
Median Sales Price* Average Sales Price* Percent of Original List Price Received at Sale*
March
+/–
2012
2013
+/–
355
- 7.1%
138
136
- 1.4%
229
+ 25.8%
63
91
+ 44.4%
$121,000
$138,500
+ 14.5%
$119,950
$138,500
+ 15.5%
$130,342
$147,446
+ 13.1%
$133,462
$156,295
+ 17.1%
88.4%
88.2%
- 0.2%
89.6%
88.6%
- 1.1%
Months Supply of Inventory
7.7
5.5
- 29.5%
7.9
5.5
- 30.9%
Single-Family Detached Inventory
515
422
- 18.1%
533
435
- 18.4%
Townhouse-Condo Inventory
19
18
- 1.8%
16
18
+ 12.5%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
2012
Jan through Mar 382
2013
2012
March 138
355
136 91
229 182
- 7.1% New Listings
2013
63
- 1.4% New Listings
+ 25.8% Closed Sales
Change in Median Sales Price from Prior Year (6-Month Average)**
+ 44.4% Closed Sales
Indianapolis Metro Area
b
Hancock County
a
+ 20% + 15% + 10% + 5% 0% - 5% - 10% - 15% 1-2008
7-2008
1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®). Provided by the Metropolitan Indianapolis Board of REALTORS® and Multiple Listing Service. | Powered by 10K Research and Marketing.
Local Market Update – March 2013 A RESEARCH TOOL PROVIDED BY THE METROPOLITAN INDIANAPOLIS BOARD OF REALTORS®
Hendricks County
- 15.8%
+ 21.2%
+ 5.5%
Change in New Listings
Change in Closed Sales
Change in Median Sales Price
Jan through Mar 2012
2013
New Listings
936
Closed Sales
388
Median Sales Price*
$136,500
Average Sales Price*
$155,335 89.0% 7.3
Percent of Original List Price Received at Sale* Months Supply of Inventory Single-Family Detached Inventory Townhouse-Condo Inventory
March
+/–
2012
2013
+/–
833
- 11.0%
393
331
- 15.8%
492
+ 26.8%
165
200
+ 21.2%
$135,000
- 1.1%
$134,500
$141,950
+ 5.5%
$155,748
+ 0.3%
$153,198
$162,843
+ 6.3%
90.4%
+ 1.5%
90.2%
91.0%
+ 0.9%
5.1
- 29.8%
7.7
5.3
- 31.8%
1,083
904
- 16.6%
1,154
941
- 18.5%
118
92
- 21.8%
123
89
- 27.6%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
2012
Jan through Mar
2013
2012
March
936
2013
393
833
331 492 388
- 11.0% New Listings
165
- 15.8% New Listings
+ 26.8% Closed Sales
Change in Median Sales Price from Prior Year (6-Month Average)**
200
+ 21.2% Closed Sales
Indianapolis Metro Area
b
Hendricks County
a
+ 10% + 8% + 6% + 4% + 2% 0% - 2% - 4% - 6% - 8% - 10% 1-2008
7-2008
1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®). Provided by the Metropolitan Indianapolis Board of REALTORS® and Multiple Listing Service. | Powered by 10K Research and Marketing.
Local Market Update – March 2013 A RESEARCH TOOL PROVIDED BY THE METROPOLITAN INDIANAPOLIS BOARD OF REALTORS®
Johnson County
- 6.8%
+ 17.1%
+ 5.7%
Change in New Listings
Change in Closed Sales
Change in Median Sales Price
Jan through Mar 2012
2013
New Listings
732
743
Closed Sales
360
476
Median Sales Price*
$112,666
$112,250
Average Sales Price*
$137,506
$135,168
Percent of Original List Price Received at Sale*
+/–
March 2012
2013
+/–
+ 1.5%
296
276
- 6.8%
+ 32.2%
158
185
+ 17.1%
- 0.4%
$112,583
$119,000
+ 5.7%
- 1.7%
$134,284
$139,551
+ 3.9%
87.3%
89.9%
+ 3.1%
88.9%
90.3%
+ 1.6%
Months Supply of Inventory
6.7
4.7
- 29.8%
6.9
4.7
- 32.7%
Single-Family Detached Inventory
924
770
- 16.7%
973
782
- 19.6%
Townhouse-Condo Inventory
46
46
0.0%
44
38
- 13.6%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
2012
Jan through Mar 732
2013
2012
March
743
296
276
476 158
360
+ 1.5% New Listings
- 6.8% New Listings
+ 32.2% Closed Sales
2013
Change in Median Sales Price from Prior Year (6-Month Average)**
185
+ 17.1% Closed Sales
Indianapolis Metro Area
b
Johnson County
a
+ 10% + 8% + 6% + 4% + 2% 0% - 2% - 4% - 6% - 8% - 10% 1-2008
7-2008
1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®). Provided by the Metropolitan Indianapolis Board of REALTORS® and Multiple Listing Service. | Powered by 10K Research and Marketing.
Local Market Update – March 2013 A RESEARCH TOOL PROVIDED BY THE METROPOLITAN INDIANAPOLIS BOARD OF REALTORS®
Madison County
- 7.9%
+ 43.5%
- 4.9%
Change in New Listings
Change in Closed Sales
Change in Median Sales Price
Jan through Mar 2012
2013
New Listings
538
Closed Sales
214
Median Sales Price* Average Sales Price* Percent of Original List Price Received at Sale*
March
+/–
2012
2013
+/–
523
- 2.8%
215
198
- 7.9%
308
+ 43.9%
85
122
+ 43.5%
$64,950
$71,250
+ 9.7%
$76,750
$72,975
- 4.9%
$80,390
$83,775
+ 4.2%
$87,863
$91,157
+ 3.7%
84.5%
86.6%
+ 2.5%
86.8%
86.2%
- 0.7%
Months Supply of Inventory
9.8
6.6
- 32.4%
10.0
6.4
- 36.0%
Single-Family Detached Inventory
791
717
- 9.3%
811
718
- 11.5%
Townhouse-Condo Inventory
72
50
- 30.4%
73
46
- 37.0%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
2012
Jan through Mar 538
2013
2012
March
523
215
198
308
122
214
- 2.8% New Listings
2013
85
- 7.9% New Listings
+ 43.9% Closed Sales
Change in Median Sales Price from Prior Year (6-Month Average)**
+ 43.5% Closed Sales
Indianapolis Metro Area
b
Madison County
a
+ 30% + 25% + 20% + 15% + 10% + 5% 0% - 5% - 10% - 15% - 20% 1-2008
7-2008
1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®). Provided by the Metropolitan Indianapolis Board of REALTORS® and Multiple Listing Service. | Powered by 10K Research and Marketing.
Local Market Update – March 2013 A RESEARCH TOOL PROVIDED BY THE METROPOLITAN INDIANAPOLIS BOARD OF REALTORS®
Marion County
- 5.3%
+ 10.6%
+ 7.1%
Change in New Listings
Change in Closed Sales
Change in Median Sales Price
Jan through Mar 2012
2013
New Listings
4,436
Closed Sales
2,094
March
+/–
2012
2013
+/–
4,182
- 5.7%
1,672
1,584
- 5.3%
2,383
+ 13.8%
847
937
+ 10.6%
Median Sales Price*
$95,000
$99,900
+ 5.2%
$99,950
$107,000
+ 7.1%
Average Sales Price*
$115,810
$122,498
+ 5.8%
$121,000
$129,366
+ 6.9%
86.2%
87.7%
+ 1.7%
87.5%
88.6%
+ 1.3%
7.7
5.6
- 26.8%
7.7
5.6
- 27.1%
5,136
4,347
- 15.4%
5,253
4,401
- 16.2%
887
716
- 19.3%
874
726
- 16.9%
Percent of Original List Price Received at Sale* Months Supply of Inventory Single-Family Detached Inventory Townhouse-Condo Inventory
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
2012
Jan through Mar 4,436
2013
1,672 4,182
2,094
- 5.7% New Listings
2012
March 1,584
2,383
847
- 5.3% New Listings
+ 13.8% Closed Sales
2013
Change in Median Sales Price from Prior Year (6-Month Average)**
937
+ 10.6% Closed Sales
Indianapolis Metro Area
b
Marion County
a
+ 20% + 15% + 10% + 5% 0% - 5% - 10% - 15% 1-2008
7-2008
1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®). Provided by the Metropolitan Indianapolis Board of REALTORS® and Multiple Listing Service. | Powered by 10K Research and Marketing.
Local Market Update – March 2013 A RESEARCH TOOL PROVIDED BY THE METROPOLITAN INDIANAPOLIS BOARD OF REALTORS®
Montgomery County
- 11.1%
+ 38.5%
+ 15.0%
Change in New Listings
Change in Closed Sales
Change in Median Sales Price
Jan through Mar 2012
2013
New Listings
141
Closed Sales
83
Median Sales Price*
$90,000
$90,000
0.0%
Average Sales Price*
$93,737
$95,218
+ 1.6%
Percent of Original List Price Received at Sale*
March
+/–
2012
2013
+/–
139
- 1.4%
63
56
- 11.1%
85
+ 2.4%
26
36
+ 38.5%
$83,500
$96,000
+ 15.0%
$95,414
$104,333
+ 9.3%
87.8%
89.1%
+ 1.5%
85.6%
89.9%
+ 5.0%
Months Supply of Inventory
7.4
7.4
+ 0.1%
7.4
7.7
+ 3.0%
Single-Family Detached Inventory
244
237
- 2.6%
247
248
+ 0.4%
Townhouse-Condo Inventory
10
4
- 64.5%
10
4
- 60.0%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
2012
Jan through Mar 141
2013
2012
March
2013
63
139
56 83
85
36 26
- 1.4% New Listings
- 11.1% New Listings
+ 2.4% Closed Sales
Change in Median Sales Price from Prior Year (6-Month Average)**
+ 38.5% Closed Sales
Indianapolis Metro Area
b
Montgomery County
a
+ 25% + 20% + 15% + 10% + 5% 0% - 5% - 10% - 15% - 20% - 25% 1-2008
7-2008
1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®). Provided by the Metropolitan Indianapolis Board of REALTORS® and Multiple Listing Service. | Powered by 10K Research and Marketing.
Local Market Update – March 2013 A RESEARCH TOOL PROVIDED BY THE METROPOLITAN INDIANAPOLIS BOARD OF REALTORS®
Morgan County
- 4.6%
+ 45.3%
+ 6.7%
Change in New Listings
Change in Closed Sales
Change in Median Sales Price
Jan through Mar
March
2012
2013
+/–
2012
2013
New Listings
337
371
+ 10.1%
153
146
- 4.6%
Closed Sales
133
171
+ 28.6%
53
77
+ 45.3%
Median Sales Price*
$119,500
$117,500
- 1.7%
$105,000
$112,000
+ 6.7%
Average Sales Price*
$130,844
$131,255
+ 0.3%
$122,757
$127,051
+ 3.5%
Percent of Original List Price Received at Sale*
+/–
85.6%
91.5%
+ 6.8%
88.8%
94.7%
+ 6.6%
Months Supply of Inventory
9.2
7.4
- 19.1%
9.8
7.6
- 22.6%
Single-Family Detached Inventory
505
478
- 5.3%
538
503
- 6.5%
Townhouse-Condo Inventory
20
19
- 6.6%
22
20
- 9.1%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
2012
Jan through Mar 337
2013
2012
March
371
153
146
77
171 133
+ 10.1% New Listings
2013
53
- 4.6% New Listings
+ 28.6% Closed Sales
Change in Median Sales Price from Prior Year (6-Month Average)**
+ 45.3% Closed Sales
Indianapolis Metro Area
b
Morgan County
a
+ 30% + 25% + 20% + 15% + 10% + 5% 0% - 5% - 10% - 15% - 20% 1-2008
7-2008
1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®). Provided by the Metropolitan Indianapolis Board of REALTORS® and Multiple Listing Service. | Powered by 10K Research and Marketing.
Local Market Update – March 2013 A RESEARCH TOOL PROVIDED BY THE METROPOLITAN INDIANAPOLIS BOARD OF REALTORS®
Putnam County
0.0%
+ 35.0%
+ 10.9%
Change in New Listings
Change in Closed Sales
Change in Median Sales Price
Jan through Mar 2012
2013
New Listings
165
Closed Sales
70
March
+/–
2012
2013
+/–
159
- 3.6%
70
70
0.0%
83
+ 18.6%
20
27
+ 35.0%
Median Sales Price*
$99,000
$81,450
- 17.7%
$87,500
$97,000
+ 10.9%
Average Sales Price*
$132,326
$114,474
- 13.5%
$91,458
$131,348
+ 43.6%
Percent of Original List Price Received at Sale*
87.7%
87.6%
- 0.1%
90.4%
89.2%
- 1.3%
Months Supply of Inventory
10.3
8.0
- 22.0%
10.6
8.2
- 22.9%
Single-Family Detached Inventory
261
259
- 0.6%
269
265
- 1.5%
7
6
- 19.0%
7
7
0.0%
Townhouse-Condo Inventory
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
2012
Jan through Mar 165
2013
159
70
70
2012
March
2013
70
83 27 20
- 3.6% New Listings
0.0% New Listings
+ 18.6% Closed Sales
Change in Median Sales Price from Prior Year (6-Month Average)**
+ 35.0% Closed Sales
Indianapolis Metro Area
b
Putnam County
a
+ 25% + 20% + 15% + 10% + 5% 0% - 5% - 10% - 15% - 20% 1-2008
7-2008
1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®). Provided by the Metropolitan Indianapolis Board of REALTORS® and Multiple Listing Service. | Powered by 10K Research and Marketing.
Local Market Update – March 2013 A RESEARCH TOOL PROVIDED BY THE METROPOLITAN INDIANAPOLIS BOARD OF REALTORS®
Shelby County
- 14.3%
+ 54.5%
+ 6.9%
Change in New Listings
Change in Closed Sales
Change in Median Sales Price
Jan through Mar 2012
2013
New Listings
177
Closed Sales
99
Median Sales Price* Average Sales Price* Percent of Original List Price Received at Sale*
March
+/–
2012
2013
+/–
169
- 4.5%
70
60
- 14.3%
139
+ 40.4%
33
51
+ 54.5%
$80,000
$93,000
+ 16.3%
$94,900
$101,450
+ 6.9%
$91,884
$93,817
+ 2.1%
$96,260
$100,128
+ 4.0%
85.8%
86.3%
+ 0.6%
85.4%
87.1%
+ 2.0%
Months Supply of Inventory
8.3
6.5
- 21.5%
8.7
6.3
- 27.8%
Single-Family Detached Inventory
268
235
- 12.3%
279
233
- 16.5%
Townhouse-Condo Inventory
32
27
- 15.5%
34
27
- 20.6%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
2012
Jan through Mar 177
2013
2012
March
2013
70
169
60
139
51
99
- 4.5% New Listings
33
- 14.3% New Listings
+ 40.4% Closed Sales
Change in Median Sales Price from Prior Year (6-Month Average)**
+ 54.5% Closed Sales
Indianapolis Metro Area
b
Shelby County
a
+ 40% + 30% + 20% + 10% 0% - 10% - 20% - 30% 1-2008
7-2008
1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®). Provided by the Metropolitan Indianapolis Board of REALTORS® and Multiple Listing Service. | Powered by 10K Research and Marketing.