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Central Indiana Homes Sales Up In April

Home sales were up in April and realtors say houses are remaining on the market for shorter periods of time.

house for sale

Photo: Cathy Haglund (Flickr)

The number of homes for sale has dropped because of an increase in buyers.

There appears to be more good news on the Indiana homes sales front. the Metro Indianapolis Board of Realtors is confirming what at least one local realtor is reporting.

FC Tucker says Central Indiana home sales in April were up 12 percent over April of last year. And during the actual month of April, they were up 3.3 percent over last year.

The report shows there were more than 2,200 homes showing pending sales. Madison County saw the largest increase. Pended home sales there spiked 32 percent. Hancock and Morgan County jumped by upwards of 23 percent. Johnson County saw the biggest decline of 18.2 percent.

The number of available homes for sale in the nine-county region dropped 11.3 percent in April 2012. That‘s about 1,735 few homes than April of 2011.

MIBOR Spokesperson Claire Belby says their numbers won‘t be out until later this month, but they should be very similar to Tucker‘s figures.

“Anecdotally, our realtors are saying they‘re saying buyers and sellers more upbeat, slightly shorter selling times, all of which add to that confidence level and keep the numbers slightly going up,” he says.

Belby says their realtor members are experiences more enthusiastic buyers and sellers, shorter selling times and continued low interest rates are playing a role.

Network Indiana

Network Indiana Indiana's Only Audio News Network. Network Indiana is dedicated to providing the state of Indiana important and useful information.

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