At Home Quarterly: Marketplace

June 22, 2013
Housing Sales

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March 1 - May 31

IBJ.COM EXTRA

For a detailed table of recent housing sales activity, click here

Pent-up demand from young buyers is fueling the red-hot market, said F.C. Tucker Co. President Jim Litten. Local sales in the first four months of this year were 15 percent higher than during the same period in 2006 during the peak of the housing boom. However, he expects the pace of sales to moderate this fall.•
 

Most expensive sale

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Demographics snapshot

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$1 million homes
Most local residents who valued their homes at $1 million or more in the government’s 2011 American Community Survey were in southern Hamilton County and the Meridian Street corridor in Marion County, said Drew Klasik, an analyst at the Indiana University Public Policy Institute. Why some wealthy townships reported none is a mystery, he said.•

 

What you can buy

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