Home-sale agreements in the nine-county Indianapolis area ticked up 3.6 percent in July compared with the same month last
year, marking the third straight month of year-over-year increases after 14 months of declining sales.
Sales agreements climbed to 1,833 last month, an increase of 64 homes over July 2010, according to a report released Thurday
by F.C. Tucker Co.
While higher than a year ago, July’s sales were about 22 percent below what they were in the same month of 2009, when
2,351 home-sales agreements were reached.
Year-to-date sales agreements are down 6.7 percent compared to the same period of 2010.
Marion County saw a 5.4-percent rise in July sales agreements from a year earlier, from 747 to 787. Hamilton County deals
dropped 4.2 percent, from 402 to 385. Hancock County saw a 44-percent increase, from 59 to 85.
Available homes for sale in the nine-county region dropped 11 percent in July, with 15,431 homes on the market. Marion County’s
inventory dropped 14.8 percent.
Year-to-date sale prices are up 1.6 percent in 2011, from $148,759 to $151,157.
So far this year, sales agreements have been reached on 71 homes in the area priced at $500,000 or more.

















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Local media has been reporting statistics from MIBOR and F.C. Tucker for decades, and nobody has ever disputed the reliability of their numbers.
And if Tucker distorted those numbers, I'm pretty sure a competitor would call them on it almost immediately.
That being said, if you can recommend an independent party that compiles regular residential real estate statistics about the Indianapolis area, we'd be glad to consider using them.