Residential Real Estate: Marketplace Stats for October 25, 2019

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Housing sales

As expected, sales activity is dropping as central Indiana moves into fall weather. Inventory remains low. As of Sept. 1, the region had just two months of supply—10% less than at this time last year—meaning it would take just two months to sell out the current inventory of houses if no more came on the market. Sales prices during the three-month period remained unchanged from last year at an average of $216,663.•

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