Area home sales rose 8.1 percent in February

March 13, 2013

Home-sale agreements in the nine-county Indianapolis area rose 8.1 percent in February, suggesting last year’s housing recovery is continuing into 2013.

Purchase agreements for existing homes totaled 2,034 in February, up from 1,882 in the same month a year earlier, Indianapolis-based real estate agency F.C. Tucker Co. Inc. said Wednesday morning.

That follows a 17.2-percent increase in January,.

Pended home sales totaled 870 in Marion County last month, up 8.3 percent from February 2012.

Purchase agreements in Hamilton County climbed 5.4 percent, to 392, and 6.5 percent in Hendricks County, to 180.

Every county in central Indiana recorded an increase except Boone County, where agreements dipped 1.4 percent, to 68.

Average selling prices rose 7.7 percent to $144,225.

The sale price in Hamilton County rose 9.2 percent to $237,778. In Marion County, the price increased 8.6 percent to $109,972.


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