Market Overview Key market metrics for the current month and year-to-date figures.
Current Prior Year + / – Current Prior Year + / – Current Prior Year + / – Current Prior Year + / –
New Listings Jan 2016 42,722 42,155 + 1.3% 17,861 17,832 + 0.2% 7,121 7,093 + 0.4% 2,552 2,796 - 8.7%
Feb 2016 43,022 42,492 + 1.2% 17,069 16,918 + 0.9% 7,673 7,616 + 0.7% 3,146 2,846 + 10.5%
Mar 2016 43,377 42,513 + 2.0% 18,007 17,248 + 4.4% 10,048 9,637 + 4.3% 4,350 3,995 + 8.9%
Pending Sales Jan 2016 30,681 27,651 + 11.0% 13,960 12,538 + 11.3% 6,133 5,320 + 15.3% 2,037 1,814 + 12.3%
Feb 2016 30,982 27,911 + 11.0% 13,740 12,136 + 13.2% 6,425 5,588 + 15.0% 2,445 2,144 + 14.0%
Mar 2016 31,425 28,144 + 11.7% 14,170 12,469 + 13.6% 7,604 6,637 + 14.6% 3,122 2,679 + 16.5%
Closed Sales Jan 2016 32,321 29,836 + 8.3% 15,004 14,436 + 3.9% 6,541 6,064 + 7.9% 1,730 1,599 + 8.2%
Feb 2016 32,495 30,038 + 8.2% 13,984 13,355 + 4.7% 6,368 5,789 + 10.0% 1,984 1,810 + 9.6%
Mar 2016 32,720 30,334 + 7.9% 13,857 13,013 + 6.5% 6,374 5,844 + 9.1% 2,660 2,435 + 9.2%
Median Sales Price Jan 2016 $147,900 $139,900 + 5.7% $145,000 $139,000 + 4.3% $142,000 $134,600 + 5.5% $137,500 $127,250 + 8.1%
Feb 2016 $148,000 $140,000 + 5.7% $142,000 $136,500 + 4.0% $139,900 $132,000 + 6.0% $135,000 $131,500 + 2.7%
Mar 2016 $148,263 $140,000 + 5.9% $142,500 $136,000 + 4.8% $142,000 $135,000 + 5.2% $148,750 $140,000 + 6.3%
Average Sales Price Jan 2016 $183,947 $175,782 + 4.6% $181,691 $175,926 + 3.3% $180,625 $173,425 + 4.2% $172,016 $166,116 + 3.6%
Feb 2016 $184,076 $176,380 + 4.4% $178,550 $173,004 + 3.2% $176,205 $170,062 + 3.6% $170,125 $166,384 + 2.2%
Mar 2016 $184,508 $177,136 + 4.2% $178,668 $173,710 + 2.9% $175,620 $170,328 + 3.1% $182,023 $175,991 + 3.4%
Jan 2016 93.8% 93.3% + 0.5% 93.5% 92.9% + 0.6% 92.9% 92.3% + 0.7% 92.9% 91.9% + 1.1%
Feb 2016 93.8% 93.3% + 0.5% 93.2% 92.6% + 0.6% 92.9% 92.1% + 0.9% 92.9% 91.7% + 1.2%
Mar 2016 93.9% 93.3% + 0.6% 93.2% 92.5% + 0.7% 93.3% 92.3% + 1.1% 93.9% 92.9% + 1.1%
Jan 2016 10,186 11,121 - 8.4%
Feb 2016 10,255 10,914 - 6.0%
Mar 2016 10,490 11,348 - 7.6%
Jan 2016 3.8 4.5 - 15.4%
Feb 2016 3.8 4.4 - 13.1%
Mar 2016 3.8 4.5 - 14.3%
Percent of Original List Price Received at Sale
Total Active Listings Available at Month End
Months Supplyof Inventory
Data obtained from the Broker Listing Cooperative® (BLC®). Totals rounded to whole number or tenth of a percent; rounding error may occur. Powered by ShowingTime 10K. | 2
Rolling 12 Months MonthlyRolling 6 Months Rolling 3 Months
There are no rolling figures for Total Active Listings Available at Month End or Months Supply of Inventory because these metrics are simply snapshots frozen in time at the end
of each month. It does not add up over a period of months.
New Listings A count of the properties that have been newly listed on the market in a given month, regardless of what status they're currently in.
Data obtained from the Broker Listing Cooperative® (BLC®). Totals rounded to whole number or tenth of a percent; rounding error may occur. Powered by ShowingTime 10K. | 3
40,894 42,513 43,377
2014 2015 2016
12 Month
16,05617,248 18,007
2014 2015 2016
6 Month
1,000
2,000
3,000
4,000
5,000
6,000
7,000
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Historical New Listings
8,7409,637 10,048
2014 2015 2016
3 Month
3,974 3,9954,350
2014 2015 2016
March
One-Year Change:
Two-Year Change:
+ 4.4%
+ 12.2%
One-Year Change:
Two-Year Change:
+ 2.0%
+ 6.1%
One-Year Change:
Two-Year Change:
+ 8.9%
+ 9.5%
One-Year Change:
Two-Year Change:
+ 4.3%
+ 15.0%
Pending Sales A count of the properties on which contracts have been accepted in a given month, regardless of whether or not the sale closes.
Data obtained from the Broker Listing Cooperative® (BLC®). Totals rounded to whole number or tenth of a percent; rounding error may occur. Powered by ShowingTime 10K. | 4
27,084 28,144
31,425
2014 2015 2016
12 Month
11,10712,469
14,170
2014 2015 2016
6 Month
1,000
1,500
2,000
2,500
3,000
3,500
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Historical Pending Sales
5,881
6,637
7,604
2014 2015 2016
3 Month
2,4462,679
3,122
2014 2015 2016
March
One-Year Change:
Two-Year Change:
+ 13.6%
+ 27.6%
One-Year Change:
Two-Year Change:
+ 11.7%
+ 16.0%
One-Year Change:
Two-Year Change:
+ 16.5%
+ 27.6%
One-Year Change:
Two-Year Change:
+ 14.6%
+ 29.3%
Closed Sales A count of the actual sales that have closed in a given month.
Data obtained from the Broker Listing Cooperative® (BLC®). Totals rounded to whole number or tenth of a percent; rounding error may occur. Powered by ShowingTime 10K. | 5
29,746 30,33432,720
2014 2015 2016
12 Month
11,81413,013
13,857
2014 2015 2016
6 Month
1,000
1,500
2,000
2,500
3,000
3,500
4,000
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Historical Closed Sales
5,165
5,8446,374
2014 2015 2016
3 Month
2,139
2,4352,660
2014 2015 2016
March
One-Year Change:
Two-Year Change:
+ 6.5%
+ 17.3%
One-Year Change:
Two-Year Change:
+ 7.9%
+ 10.0%
One-Year Change:
Two-Year Change:
+ 9.2%
+ 24.4%
One-Year Change:
Two-Year Change:
+ 9.1%
+ 23.4%
Median Sales Price Median price point for all closed sales, not accounting for seller concessions, in a given month.
Data obtained from the Broker Listing Cooperative® (BLC®). Totals rounded to whole number or tenth of a percent; rounding error may occur. Powered by ShowingTime 10K. | 6
$135,000 $140,000$148,263
2014 2015 2016
12 Month
$130,900 $136,000$142,500
2014 2015 2016
6 Month
$90,000
$100,000
$110,000
$120,000
$130,000
$140,000
$150,000
$160,000
$170,000
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Historical Median Sales Price
$129,050 $135,000$142,000
2014 2015 2016
3 Month
$134,043$140,000
$148,750
2014 2015 2016
March
One-Year Change:
Two-Year Change:
+ 4.8%
+ 8.9%
One-Year Change:
Two-Year Change:
+ 5.9%
+ 9.8%
One-Year Change:
Two-Year Change:
+ 6.3%
+ 11.0%
One-Year Change:
Two-Year Change:
+ 5.2%
+ 10.0%
Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month.
Data obtained from the Broker Listing Cooperative® (BLC®). Totals rounded to whole number or tenth of a percent; rounding error may occur. Powered by ShowingTime 10K. | 7
$169,787 $177,136$184,508
2014 2015 2016
12 Month
$165,978$173,710 $178,668
2014 2015 2016
6 Month
$120,000
$130,000
$140,000
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Historical Average Sales Price
$160,841$170,328 $175,620
2014 2015 2016
3 Month
$165,010$175,991 $182,023
2014 2015 2016
March
One-Year Change:
Two-Year Change:
+ 2.9%
+ 7.6%
One-Year Change:
Two-Year Change:
+ 4.2%
+ 8.7%
One-Year Change:
Two-Year Change:
+ 3.4%
+ 10.3%
One-Year Change:
Two-Year Change:
+ 3.1%
+ 9.2%
Percent of Original List Price Received
Data obtained from the Broker Listing Cooperative® (BLC®). Totals rounded to whole number or tenth of a percent; rounding error may occur. Powered by ShowingTime 10K. | 8
Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold in a given month, not accounting for seller concessions.
92.3% 93.3% 93.9%
2014 2015 2016
12 Month
91.8% 92.5% 93.2%
2014 2015 2016
6 Month
84%
86%
88%
90%
92%
94%
96%
98%
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Historical Percent of Original List Price Received
92.0% 92.3% 93.3%
2014 2015 2016
3 Month
92.3% 92.9% 93.9%
2014 2015 2016
March
One-Year Change:
Two-Year Change:
+ 0.7%
+ 1.5%
One-Year Change:
Two-Year Change:
+ 0.6%
+ 1.7%
One-Year Change:
Two-Year Change:
+ 1.1%
+ 1.6%
One-Year Change:
Two-Year Change:
+ 1.1%
+ 1.4%
Inventory of Homes for Sale
Data obtained from the Broker Listing Cooperative® (BLC®). Totals rounded to whole number or tenth of a percent; rounding error may occur. Powered by ShowingTime 10K. | 9
The number of properties available for sale in active status at the end of a given month. There are no rolling figures for Inventory of Homes for Sale because these metrics are simply snapshots frozen in time at the end of each month. It does not add up over a period of months.
0
10,000
20,000
30,000
40,000
50,000
60,000
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Historical Inventory of Homes Available
14,907
12,364 11,632 11,348 10,490
2012 2013 2014 2015 2016
March
- 7.6%One-Year Change:
Two-Year Change:- 9.8%
Months Supply of Inventory
Data obtained from the Broker Listing Cooperative® (BLC®). Totals rounded to whole number or tenth of a percent; rounding error may occur. Powered by ShowingTime 10K. | 10
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months. There are no rolling figures for Months Supply of Inventory because these metrics are simply snapshots frozen in time at the end of each month. It does not add up over a period of months.
3
4
5
6
7
8
9
10
11
12
13
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Historical Months Supply of Homes for Sale
7.9
5.54.7 4.5
3.8
2012 2013 2014 2015 2016
March
- 18.0%
One-Year Change:
Two-Year Change:
- 14.3%
2015 2016 + / – 2015 2016 + / –
New Listings 312 370 + 18.6% 141 160 + 13.5%
Closed Sales 191 194 + 1.6% 83 70 - 15.7%
Median Sales Price* $185,000 $215,000 + 16.2% $195,000 $250,000 + 28.2%
Average Sales Price* $257,973 $263,986 + 2.3% $268,261 $294,341 + 9.7%
Percent of Original List Price Received at Sale* 93.5% 94.2% + 0.8% 93.5% 95.1% + 1.7%
Months Supply of Inventory 4.5 4.2 - 5.2%
Single-Family Detached Inventory 393 386 - 1.8%
Townhouse-Condo Inventory 12 11 - 8.3%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – March 2016 A RESEARCH TOOL PROVIDED BY THE MIBOR REALTOR® ASSOCIATION
* Does not account for seller concessions. | + / – by month may look extreme due to small sample size. | Totals rounded to whole number or tenth of a percent; rounding error may occur.
MarchJan through Mar
Boone County
+ 13.5% - 15.7% + 28.2%Change in
New Listings
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 monthsused in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®).
Provided by the MIBOR REALTOR® Association and Multiple Listing Service. Powered by ShowingTime 10K.
There are no rolling figures for Months Supply of Inventory, Single-Family Detached Inventory and Townhouse-Condo Inventory because these metrics are simply snapshots frozen in time at the end of each month. It does not add up over a period of months.
Boone County
Indianapolis Metro Area
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
141
83
160
70
New Listings Closed Sales
March 2015 2016
312
191
370
194
New Listings Closed Sales
Jan through Mar 2015 2016
- 15.7%+ 13.5%+ 1.6%+ 18.6%
2015 2016 + / – 2015 2016 + / –
New Listings 51 101 + 98.0% 22 50 + 127.3%
Closed Sales 34 52 + 52.9% 7 21 + 200.0%
Median Sales Price* $131,500 $198,000 + 50.6% $98,000 $241,500 + 146.4%
Average Sales Price* $157,379 $210,753 + 33.9% $119,714 $228,337 + 90.7%
Percent of Original List Price Received at Sale* 89.2% 90.2% + 1.2% 83.0% 93.1% + 12.1%
Months Supply of Inventory 17.2 14.3 - 16.5%
Single-Family Detached Inventory 247 278 + 12.6%
Townhouse-Condo Inventory 6 6 0.0%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – March 2016 A RESEARCH TOOL PROVIDED BY THE MIBOR REALTOR® ASSOCIATION
* Does not account for seller concessions. | + / – by month may look extreme due to small sample size. | Totals rounded to whole number or tenth of a percent; rounding error may occur.
MarchJan through Mar
Brown County
+ 127.3% + 200.0% + 146.4%Change in
New Listings
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 monthsused in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®).
Provided by the MIBOR REALTOR® Association and Multiple Listing Service. Powered by ShowingTime 10K.
There are no rolling figures for Months Supply of Inventory, Single-Family Detached Inventory and Townhouse-Condo Inventory because these metrics are simply snapshots frozen in time at the end of each month. It does not add up over a period of months.
Brown County
Indianapolis Metro Area
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
22
7
50
21
New Listings Closed Sales
March 2015 2016
5134
101
52
New Listings Closed Sales
Jan through Mar 2015 2016
+ 200.0%+ 127.3%+ 52.9%+ 98.0%
2015 2016 + / – 2015 2016 + / –
New Listings 89 77 - 13.5% 31 29 - 6.5%
Closed Sales 60 54 - 10.0% 21 26 + 23.8%
Median Sales Price* $92,950 $105,000 + 13.0% $117,500 $102,500 - 12.8%
Average Sales Price* $107,230 $118,229 + 10.3% $142,620 $114,333 - 19.8%
Percent of Original List Price Received at Sale* 87.6% 89.6% + 2.3% 86.4% 88.8% + 2.8%
Months Supply of Inventory 6.4 4.5 - 29.5%
Single-Family Detached Inventory 134 102 - 23.9%
Townhouse-Condo Inventory 1 0 - 100.0%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – March 2016 A RESEARCH TOOL PROVIDED BY THE MIBOR REALTOR® ASSOCIATION
* Does not account for seller concessions. | + / – by month may look extreme due to small sample size. | Totals rounded to whole number or tenth of a percent; rounding error may occur.
MarchJan through Mar
Decatur County
- 6.5% + 23.8% - 12.8%Change in
New Listings
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 monthsused in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®).
Provided by the MIBOR REALTOR® Association and Multiple Listing Service. Powered by ShowingTime 10K.
There are no rolling figures for Months Supply of Inventory, Single-Family Detached Inventory and Townhouse-Condo Inventory because these metrics are simply snapshots frozen in time at the end of each month. It does not add up over a period of months.
Decatur County
Indianapolis Metro Area
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
31
21
2926
New Listings Closed Sales
March 2015 2016
89
60
77
54
New Listings Closed Sales
Jan through Mar 2015 2016
+ 23.8%- 6.5%- 10.0%- 13.5%
2015 2016 + / – 2015 2016 + / –
New Listings 1,964 2,033 + 3.5% 846 896 + 5.9%
Closed Sales 1,156 1,229 + 6.3% 516 545 + 5.6%
Median Sales Price* $217,950 $222,000 + 1.9% $219,900 $232,000 + 5.5%
Average Sales Price* $269,240 $272,467 + 1.2% $270,881 $274,630 + 1.4%
Percent of Original List Price Received at Sale* 94.8% 95.7% + 0.9% 95.1% 96.2% + 1.1%
Months Supply of Inventory 3.3 3.1 - 5.5%
Single-Family Detached Inventory 1,628 1,589 - 2.4%
Townhouse-Condo Inventory 155 170 + 9.7%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – March 2016 A RESEARCH TOOL PROVIDED BY THE MIBOR REALTOR® ASSOCIATION
* Does not account for seller concessions. | + / – by month may look extreme due to small sample size. | Totals rounded to whole number or tenth of a percent; rounding error may occur.
MarchJan through Mar
Hamilton County
+ 5.9% + 5.6% + 5.5%Change in
New Listings
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 monthsused in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®).
Provided by the MIBOR REALTOR® Association and Multiple Listing Service. Powered by ShowingTime 10K.
There are no rolling figures for Months Supply of Inventory, Single-Family Detached Inventory and Townhouse-Condo Inventory because these metrics are simply snapshots frozen in time at the end of each month. It does not add up over a period of months.
Hamilton County
Indianapolis Metro Area
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
846
516
896
545
New Listings Closed Sales
March 2015 2016
1,964
1,156
2,033
1,229
New Listings Closed Sales
Jan through Mar 2015 2016
+ 5.6%+ 5.9%+ 6.3%+ 3.5%
2015 2016 + / – 2015 2016 + / –
New Listings 368 349 - 5.2% 135 131 - 3.0%
Closed Sales 218 233 + 6.9% 80 97 + 21.3%
Median Sales Price* $134,000 $144,700 + 8.0% $142,000 $139,450 - 1.8%
Average Sales Price* $150,641 $163,294 + 8.4% $158,942 $164,686 + 3.6%
Percent of Original List Price Received at Sale* 93.0% 94.4% + 1.5% 93.3% 94.3% + 1.1%
Months Supply of Inventory 4.3 3.1 - 26.9%
Single-Family Detached Inventory 414 322 - 22.2%
Townhouse-Condo Inventory 5 6 + 20.0%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – March 2016 A RESEARCH TOOL PROVIDED BY THE MIBOR REALTOR® ASSOCIATION
* Does not account for seller concessions. | + / – by month may look extreme due to small sample size. | Totals rounded to whole number or tenth of a percent; rounding error may occur.
MarchJan through Mar
Hancock County
- 3.0% + 21.3% - 1.8%Change in
New Listings
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 monthsused in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®).
Provided by the MIBOR REALTOR® Association and Multiple Listing Service. Powered by ShowingTime 10K.
There are no rolling figures for Months Supply of Inventory, Single-Family Detached Inventory and Townhouse-Condo Inventory because these metrics are simply snapshots frozen in time at the end of each month. It does not add up over a period of months.
Hancock County
Indianapolis Metro Area
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
135
80
131
97
New Listings Closed Sales
March 2015 2016
368
218
349
233
New Listings Closed Sales
Jan through Mar 2015 2016
+ 21.3%- 3.0%+ 6.9%- 5.2%
2015 2016 + / – 2015 2016 + / –
New Listings 786 764 - 2.8% 328 332 + 1.2%
Closed Sales 469 507 + 8.1% 201 232 + 15.4%
Median Sales Price* $162,000 $160,000 - 1.2% $163,750 $173,000 + 5.6%
Average Sales Price* $184,542 $182,591 - 1.1% $180,246 $192,842 + 7.0%
Percent of Original List Price Received at Sale* 93.7% 94.8% + 1.2% 94.5% 95.5% + 1.0%
Months Supply of Inventory 3.7 2.9 - 21.5%
Single-Family Detached Inventory 767 655 - 14.6%
Townhouse-Condo Inventory 56 43 - 23.2%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – March 2016 A RESEARCH TOOL PROVIDED BY THE MIBOR REALTOR® ASSOCIATION
* Does not account for seller concessions. | + / – by month may look extreme due to small sample size. | Totals rounded to whole number or tenth of a percent; rounding error may occur.
MarchJan through Mar
Hendricks County
+ 1.2% + 15.4% + 5.6%Change in
New Listings
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 monthsused in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®).
Provided by the MIBOR REALTOR® Association and Multiple Listing Service. Powered by ShowingTime 10K.
There are no rolling figures for Months Supply of Inventory, Single-Family Detached Inventory and Townhouse-Condo Inventory because these metrics are simply snapshots frozen in time at the end of each month. It does not add up over a period of months.
Hendricks County
Indianapolis Metro Area
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
328
201
332
232
New Listings Closed Sales
March 2015 2016
786
469
764
507
New Listings Closed Sales
Jan through Mar 2015 2016
+ 15.4%+ 1.2%+ 8.1%- 2.8%
2015 2016 + / – 2015 2016 + / –
New Listings 811 765 - 5.7% 338 317 - 6.2%
Closed Sales 485 496 + 2.3% 213 216 + 1.4%
Median Sales Price* $139,950 $148,450 + 6.1% $146,000 $155,000 + 6.2%
Average Sales Price* $165,609 $180,688 + 9.1% $172,707 $178,333 + 3.3%
Percent of Original List Price Received at Sale* 93.8% 93.9% + 0.1% 94.1% 94.5% + 0.4%
Months Supply of Inventory 3.9 3.0 - 23.5%
Single-Family Detached Inventory 797 643 - 19.3%
Townhouse-Condo Inventory 32 30 - 6.3%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – March 2016 A RESEARCH TOOL PROVIDED BY THE MIBOR REALTOR® ASSOCIATION
* Does not account for seller concessions. | + / – by month may look extreme due to small sample size. | Totals rounded to whole number or tenth of a percent; rounding error may occur.
MarchJan through Mar
Johnson County
- 6.2% + 1.4% + 6.2%Change in
New Listings
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 monthsused in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®).
Provided by the MIBOR REALTOR® Association and Multiple Listing Service. Powered by ShowingTime 10K.
There are no rolling figures for Months Supply of Inventory, Single-Family Detached Inventory and Townhouse-Condo Inventory because these metrics are simply snapshots frozen in time at the end of each month. It does not add up over a period of months.
Johnson County
Indianapolis Metro Area
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
338
213
317
216
New Listings Closed Sales
March 2015 2016
811
485
765
496
New Listings Closed Sales
Jan through Mar 2015 2016
+ 1.4%- 6.2%+ 2.3%- 5.7%
2015 2016 + / – 2015 2016 + / –
New Listings 434 480 + 10.6% 174 197 + 13.2%
Closed Sales 271 326 + 20.3% 98 141 + 43.9%
Median Sales Price* $69,550 $79,455 + 14.2% $73,000 $76,750 + 5.1%
Average Sales Price* $85,340 $95,314 + 11.7% $81,339 $100,132 + 23.1%
Percent of Original List Price Received at Sale* 87.6% 88.5% + 1.0% 88.4% 89.1% + 0.8%
Months Supply of Inventory 5.5 4.8 - 13.6%
Single-Family Detached Inventory 619 569 - 8.1%
Townhouse-Condo Inventory 28 37 + 32.1%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – March 2016 A RESEARCH TOOL PROVIDED BY THE MIBOR REALTOR® ASSOCIATION
* Does not account for seller concessions. | + / – by month may look extreme due to small sample size. | Totals rounded to whole number or tenth of a percent; rounding error may occur.
MarchJan through Mar
Madison County
+ 13.2% + 43.9% + 5.1%Change in
New Listings
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 monthsused in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®).
Provided by the MIBOR REALTOR® Association and Multiple Listing Service. Powered by ShowingTime 10K.
There are no rolling figures for Months Supply of Inventory, Single-Family Detached Inventory and Townhouse-Condo Inventory because these metrics are simply snapshots frozen in time at the end of each month. It does not add up over a period of months.
Madison County
Indianapolis Metro Area
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
+ 30%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
174
98
197
141
New Listings Closed Sales
March 2015 2016
434
271
480
326
New Listings Closed Sales
Jan through Mar 2015 2016
+ 43.9%+ 13.2%+ 20.3%+ 10.6%
2015 2016 + / – 2015 2016 + / –
New Listings 4,058 4,043 - 0.4% 1,701 1,755 + 3.2%
Closed Sales 2,467 2,626 + 6.4% 1,026 1,069 + 4.2%
Median Sales Price* $111,000 $117,500 + 5.9% $119,900 $124,000 + 3.4%
Average Sales Price* $134,273 $139,856 + 4.2% $138,680 $145,735 + 5.1%
Percent of Original List Price Received at Sale* 91.2% 92.6% + 1.4% 92.0% 93.1% + 1.2%
Months Supply of Inventory 4.8 3.9 - 19.3%
Single-Family Detached Inventory 4,264 3,764 - 11.7%
Townhouse-Condo Inventory 648 512 - 21.0%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – March 2016 A RESEARCH TOOL PROVIDED BY THE MIBOR REALTOR® ASSOCIATION
* Does not account for seller concessions. | + / – by month may look extreme due to small sample size. | Totals rounded to whole number or tenth of a percent; rounding error may occur.
MarchJan through Mar
Marion County
+ 3.2% + 4.2% + 3.4%Change in
New Listings
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 monthsused in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®).
Provided by the MIBOR REALTOR® Association and Multiple Listing Service. Powered by ShowingTime 10K.
There are no rolling figures for Months Supply of Inventory, Single-Family Detached Inventory and Townhouse-Condo Inventory because these metrics are simply snapshots frozen in time at the end of each month. It does not add up over a period of months.
Marion County
Indianapolis Metro Area
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,701
1,026
1,755
1,069
New Listings Closed Sales
March 2015 2016
4,058
2,467
4,043
2,626
New Listings Closed Sales
Jan through Mar 2015 2016
+ 4.2%+ 3.2%+ 6.4%- 0.4%
2015 2016 + / – 2015 2016 + / –
New Listings 121 140 + 15.7% 51 70 + 37.3%
Closed Sales 78 89 + 14.1% 26 31 + 19.2%
Median Sales Price* $92,000 $78,000 - 15.2% $101,700 $87,500 - 14.0%
Average Sales Price* $94,954 $91,679 - 3.4% $103,177 $94,524 - 8.4%
Percent of Original List Price Received at Sale* 87.8% 90.7% + 3.3% 89.2% 90.8% + 1.8%
Months Supply of Inventory 5.8 4.6 - 20.7%
Single-Family Detached Inventory 206 177 - 14.1%
Townhouse-Condo Inventory 4 1 - 75.0%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – March 2016 A RESEARCH TOOL PROVIDED BY THE MIBOR REALTOR® ASSOCIATION
* Does not account for seller concessions. | + / – by month may look extreme due to small sample size. | Totals rounded to whole number or tenth of a percent; rounding error may occur.
MarchJan through Mar
Montgomery County
+ 37.3% + 19.2% - 14.0%Change in
New Listings
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 monthsused in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®).
Provided by the MIBOR REALTOR® Association and Multiple Listing Service. Powered by ShowingTime 10K.
There are no rolling figures for Months Supply of Inventory, Single-Family Detached Inventory and Townhouse-Condo Inventory because these metrics are simply snapshots frozen in time at the end of each month. It does not add up over a period of months.
Montgomery County
Indianapolis Metro Area
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
51
26
70
31
New Listings Closed Sales
March 2015 2016
121
78
140
89
New Listings Closed Sales
Jan through Mar 2015 2016
+ 19.2%+ 37.3%+ 14.1%+ 15.7%
2015 2016 + / – 2015 2016 + / –
New Listings 273 263 - 3.7% 100 128 + 28.0%
Closed Sales 181 185 + 2.2% 73 66 - 9.6%
Median Sales Price* $123,000 $129,000 + 4.9% $140,000 $126,650 - 9.5%
Average Sales Price* $137,713 $152,902 + 11.0% $151,488 $155,118 + 2.4%
Percent of Original List Price Received at Sale* 90.9% 92.2% + 1.5% 91.0% 91.9% + 1.0%
Months Supply of Inventory 5.4 4.7 - 13.0%
Single-Family Detached Inventory 407 371 - 8.8%
Townhouse-Condo Inventory 14 8 - 42.9%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – March 2016 A RESEARCH TOOL PROVIDED BY THE MIBOR REALTOR® ASSOCIATION
* Does not account for seller concessions. | + / – by month may look extreme due to small sample size. | Totals rounded to whole number or tenth of a percent; rounding error may occur.
MarchJan through Mar
Morgan County
+ 28.0% - 9.6% - 9.5%Change in
New Listings
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 monthsused in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®).
Provided by the MIBOR REALTOR® Association and Multiple Listing Service. Powered by ShowingTime 10K.
There are no rolling figures for Months Supply of Inventory, Single-Family Detached Inventory and Townhouse-Condo Inventory because these metrics are simply snapshots frozen in time at the end of each month. It does not add up over a period of months.
Morgan County
Indianapolis Metro Area
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
+ 30%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
100
73
128
66
New Listings Closed Sales
March 2015 2016
273
181
263
185
New Listings Closed Sales
Jan through Mar 2015 2016
- 9.6%+ 28.0%+ 2.2%- 3.7%
2015 2016 + / – 2015 2016 + / –
New Listings 141 174 + 23.4% 54 72 + 33.3%
Closed Sales 79 86 + 8.9% 31 27 - 12.9%
Median Sales Price* $112,000 $98,000 - 12.5% $112,000 $117,000 + 4.5%
Average Sales Price* $139,513 $112,744 - 19.2% $136,074 $133,471 - 1.9%
Percent of Original List Price Received at Sale* 89.9% 90.9% + 1.1% 90.2% 92.8% + 2.8%
Months Supply of Inventory 7.0 5.7 - 17.7%
Single-Family Detached Inventory 231 209 - 9.5%
Townhouse-Condo Inventory 9 12 + 33.3%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – March 2016 A RESEARCH TOOL PROVIDED BY THE MIBOR REALTOR® ASSOCIATION
* Does not account for seller concessions. | + / – by month may look extreme due to small sample size. | Totals rounded to whole number or tenth of a percent; rounding error may occur.
MarchJan through Mar
Putnam County
+ 33.3% - 12.9% + 4.5%Change in
New Listings
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 monthsused in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®).
Provided by the MIBOR REALTOR® Association and Multiple Listing Service. Powered by ShowingTime 10K.
There are no rolling figures for Months Supply of Inventory, Single-Family Detached Inventory and Townhouse-Condo Inventory because these metrics are simply snapshots frozen in time at the end of each month. It does not add up over a period of months.
Putnam County
Indianapolis Metro Area
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
+ 30%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
54
31
72
27
New Listings Closed Sales
March 2015 2016
141
79
174
86
New Listings Closed Sales
Jan through Mar 2015 2016
- 12.9%+ 33.3%+ 8.9%+ 23.4%
2015 2016 + / – 2015 2016 + / –
New Listings 181 151 - 16.6% 54 60 + 11.1%
Closed Sales 109 98 - 10.1% 46 38 - 17.4%
Median Sales Price* $99,700 $113,000 + 13.3% $102,400 $115,000 + 12.3%
Average Sales Price* $118,832 $137,668 + 15.9% $109,876 $138,144 + 25.7%
Percent of Original List Price Received at Sale* 90.6% 89.2% - 1.6% 92.9% 91.5% - 1.5%
Months Supply of Inventory 5.7 5.2 - 8.0%
Single-Family Detached Inventory 219 210 - 4.1%
Townhouse-Condo Inventory 8 8 0.0%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – March 2016 A RESEARCH TOOL PROVIDED BY THE MIBOR REALTOR® ASSOCIATION
* Does not account for seller concessions. | + / – by month may look extreme due to small sample size. | Totals rounded to whole number or tenth of a percent; rounding error may occur.
MarchJan through Mar
Shelby County
+ 11.1% - 17.4% + 12.3%Change in
New Listings
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 monthsused in a dot are proportioned according to their share of sales during that period. | Data obtained from the Broker Listing Cooperative® (BLC®).
Provided by the MIBOR REALTOR® Association and Multiple Listing Service. Powered by ShowingTime 10K.
There are no rolling figures for Months Supply of Inventory, Single-Family Detached Inventory and Townhouse-Condo Inventory because these metrics are simply snapshots frozen in time at the end of each month. It does not add up over a period of months.
Shelby County
Indianapolis Metro Area
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 7-2013 1-2014 7-2014 1-2015 7-2015 1-2016
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
5446
60
38
New Listings Closed Sales
March 2015 2016
181
109
151
98
New Listings Closed Sales
Jan through Mar 2015 2016
- 17.4%+ 11.1%- 10.1%- 16.6%