Source: Metropolitan Indianapolis Board of Realtors (MIBOR) |
Most dramatically, closed sales were up a whopping 38.5% January 2012 over 2011. Last January, 455 homes were sold compared to 630 this January. Pending sales (homes in contract but not closed yet) were also very strong—up 18.3% which bodes well for a strong February.
The median price of a home was up 3.2% from $87,900 to $90,750 and for the 3 month period from December 2011 through December 2012, median prices are up 6.7% from the same 3 month period the previous year.
Now is a great time to invest in Indianapolis real estate. See what the Indy market has to offer.
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