Desirable homes selling fast in Indianapolis area
A confluence of circumstances has led to a spurt of sales that sometimes occur within days.
A confluence of circumstances has led to a spurt of sales that sometimes occur within days.
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. reported.
Home-sale agreements in the nine-county Indianapolis area spiked 17.2 percent in January compared to the same month a year earlier, suggesting last year's housing recovery continues to gain momentum.
Home-sale agreements in the nine-county Indianapolis area jumped 12.2 percent in December, marking a 20th straight month of gains and capping off a strong year for residential real estate.
Home-sale agreements in the nine-county Indianapolis area jumped 14.2 percent in November, marking the 19th straight month the number of pending sales has increased.
The number of single-family building permits filed in the nine-county area climbed 43 percent in November, the fifth straight month of year-over-year increases, according to the Builders Association of Greater Indianapolis.
Home-sale agreements in the nine-county Indianapolis area rose 20.6 percent in October, the 18th straight month of year-over-year improvement in sales contracts.
Omaha-based Berkshire Hathaway Inc., through its HomeServices of America unit, bought a majority stake in the Prudential and Real Living real estate franchises from Brookfield Asset Management.
Home-sale agreements in the nine-county Indianapolis area rose 3.8 percent in September, the 17th consecutive month of improvement in sales contracts.
Purchase agreements in the nine-county area totaled 2,151 during the month, a 5-percent increase from August 2011. Year-to-date sales are up 14 percent compared with the same time last year.
Builders in the nine-county Indianapolis area filed 408 construction permits in August, a 15-percent increase from the same month a year earlier, according to the Builders Association of Greater Indianapolis.
Encore Sotheby’s local office represented seller in the $3.8 million sale to a local buyer.
Purchase agreements in the nine-county Indianapolis area tracked by F.C. Tucker Co totaled 2,219 in July, a 9.7-percent increase over the same month last year. Overall year-to-date sale prices for the nine-county area increased by 2.5 percent, to $154,975.
Builders in the nine-county area filed 373 construction permits in July, a 21-percent increase from the same month last year, according to the Builders Association of Greater Indianapolis.
Home-sale agreements in the nine-county Indianapolis area were up nearly 5 percent in June compared to a year ago, the F.C. Tucker Co. announced Monday afternoon. Year-to-date sales contracts through the first six months are up 13.4 percent.
Home builders filed fewer building permits in the nine-county Indianapolis area last month, but filings are still up through the first six months of 2012.
With information booming online, agents are offering more services.
In May, pending sales of existing homes in the Indianapolis area increased 7 percent from the same month last year while building permits for new construction rose 20 percent.
Modest increases in home sales are the latest sign that the market could be starting to turn around nearly five years after the housing bubble burst. Still, housing construction remains at roughly half the pace that economists consider a healthy market.
Purchase agreements of existing homes in the nine-county area tracked by F.C. Tucker Co. hit 2,252 last month, a 3.3-percent increase over April 2011. Year-to-date home sales were up 12 percent.