Indianapolis Home Sales Rise

IndyStar reports the sale of existing homes in the greater Indianapolis metropolitan area rose 12.3 percent in August over August, 2011, according to the Metropolitan Indianapolis Board of Realtors, although the sales pace was slower than the period of April through July. August 2012 sales totaled 2,593 versus 2,308 last August. The median sales price rose 2.3 percent over last year to $130,000, while the number of realtor-listed homes for sale dropped 1.5 percent in August to 3,443. In Indianapolis proper, sales rose 15.2 percent, while in northern adjoining Hamilton County, one of the most affluent counties in the Midwest, sales have risen 19.6 percent. As MHProNews knows, Hamilton is home to the city of Carmel, which CNNMoney recently chose as the top city in the country out of 100 in which to live.

(Photo credit: MattHeafey)

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