Home Sales Continue Upward in Indianapolis

While home prices and sales slid nationally, as MHProNews reported here yesterday, Oct. 21, existing home sales in the 13 county metropolitan area of Indianapolis rose 13.3 percent over last Sept., but it was the slowest growth month of 2013. The next slowest month was August with 14.5 percent over the previous August, according to indystar.com. The median price of homes that sold in Sept. was $136,000, 3.8 percent more year-over-year; and over 92 percent of sellers received the original list price, up two percent over last year. For sale inventory continued to shrink, falling six percent from the end of last Sept. to 13,875 end of Q3.

(Photo credit: mattheafey)

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