IBJNews

Metro-area home sales dip in June

Back to TopCommentsE-mailPrintBookmark and Share
Home-sale agreements in the nine-county Indianapolis area dipped 1.4 percent in June compared to the same month a year ago, according to a report released today by F.C. Tucker Co.

Pending home sales fell from 2,330 in June 2008 to 2,298 in June 2009, the Indianapolis-based real estate company said.

Year-to-date, the decline is steeper, with pending sales falling 10.6 percent over the first six months of 2008.

The average sale price fell 6.9 percent, from $145,424 in June 2008 to $135,408 this June. Every county saw prices decline.

June home-sale agreements fell in seven of the area's nine counties. They rose 14.9 percent in Johnson County, from 174 to 200, and increased 4.9 percent in Marion County, from 1,072 to 1,124.

The 20-percent drop in Hancock County was the largest decrease in the area, as sales contracts fell from 85 to 68. Hamilton and Hendricks counties also registered double-digit drops.
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
thisissue1-092914.jpg 092914

Subscribe to IBJ
ADVERTISEMENT