Indianapolis home sales in Marion County remained strong in February, continuing a 3 month trend of year-on-year improvement. February closed sales were up a very healthy 18%. 623 homes were sold this year vs. 523 last year. Median price was also up 5.8% over last year, while inventory continued to decline. Pending sales (homes in contract but not closed yet) were even more dramatic. Pending sales are up 19.7%. Strong pending sales in February translates in to strong closed sales in March.
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Watch for continued good numbers this month!
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