Hendricks County Flyer, Avon, IN

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December 7, 2013

County sees increase in closed home sales

A three-month review of local housing data reveals an increase in the number of closed sales in Hendricks County, according to a report from the Metropolitan Indianapolis Board of Realtors (MIBOR).

During August to October 2013, the number of closed sales in Hendricks County increased by 14.9 percent when compared to the same three months in 2012. Closed sales decreased by 3.6 percent in the October-only comparison within Hendricks County.

The median sales price in the county increased to $150,000 in the August to October 2013 comparison, an 11.1 percent increase. During the one-month period of October 2013, the median sales price increased by 10.1 percent to $150,000. The average sales price of homes in Hendricks County increased by 11 percent to $174,067 when compared to the same three-month period in 2012 and increased by 9.8 percent in the one-month comparison to $173,969.

Additional key central Indiana findings for October 2013 were that new listings increased by 4.8 percent; pending sales decreased by 1.8 percent; months of supply decreased by 21.4 percent to 5.3 months; and closed sales increased by 6.6 percent.

MIBOR is the professional association representing central Indiana's Realtors. MIBOR serves the needs of more than 6,000 members in Boone, Brown, Hamilton, Hancock, Hendricks, Johnson, Marion, Montgomery, Morgan and Shelby counties.

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