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Residential Real Estate: Marketplace

June 25, 2016
Housing Sales

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March 1 - May 31

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The housing market is hot but the challenge is a lack of inventory, said F.C. Tucker Co. President Jim Litten. Currently, there are about 9,000 listings in central Indiana, although about 20 percent of those are under contract with an agent accepting backup offers. Litten said that’s only about a two- to three-month supply of inventory. In comparison, five years ago there were about 19,000 homes for sale.•

 

Most expensive sale

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Demographics snapshot

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Population growth
Ten townships in central Indiana have grown by double-digit percentages since 2010. All but one are in Hamilton and Boone counties. The fastest growth has been Boone County’s Worth Township, where Whitestown is located.•

 

What you can buy

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