Prices Up, Activity Down
The MIBOR October Monthly Indicators report reveals the continuing trend of strong home sale prices. The average sale price of homes in central Indiana increased 7.3 percent to $155,054 compared to the same months in 2010. The average sale price during the past six months (May– October 2010) increased 6.6 percent, while the past 12 months (November 2009 – October 2010) saw an increase of 6.7 percent when compared to the same time periods in 2009. October 2010 compared to October 2009 shows an increase of 9.9 percent to $154,691.
To download the Monthly Indicators report, click here. To view the one-page county reports, click here. Please note, due to the length of the reports, it may take a few minutes to download.
(Source: www.mibor.com)