Tuesday, February 21, 2012

Good News in Real Estate!

The Indiana Association of Realtors released their report for January 2012, and the news is encouraging.  Statewide, closed home sales are up 13.9% year over year, looking at January 2011 and January 2012.  And even with pricing pressure from foreclosures, the median price is up 1%.

Locally, things are looking toward a recovery, too. 
  • In Boone County closed sales are up 11.4% and the median price is up 3.7% year over year.
  • In Hamilton County closed sales are up 36.1% and the median price is up 5.3% year over year.
If you've been thinking of selling, call me at 457-9350 for a consultation.  Sales are up, yet inventory remains low with only 268 active listings in Zionsville and 613 active listings in Carmel.  That is good news for sellers!

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