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Monthly Indicators
Quick Facts
23456789
1011Active Listings and Closed Sales by Price Range
A RESEARCH TOOL PROVIDED BY THE MIBOR REALTOR® ASSOCIATION
+ 10.4% + 5.7% - 14.9%
Report reflects activity for the month reported to the BLC® on the 12th business day of the following month. It is a snapshot of reported activity. Totals rounded to whole number or tenth of a percent; rounding error may occur.
Months Supply of Inventory / Absorption Rate
Closed Sales
Median Sales Price
Average Sales Price
Percent of Original List Price Received
Inventory of Homes Available
Quarter-Over-Quarter Change in
Closed Sales
Quarter-Over-Quarter Change in
Median Sales Price
Year-Over-Year Change in Inventory
Market Overview
New Listings
Pending Sales
Data obtained from the Broker Listing Cooperative® (BLC®). Report format © 2017 ShowingTime. | 1
January 2017January brings out rejuvenated buyers with a renewed enthusiasm in a new calendar year. Just as we saw many times in 2016, closed sales are up double digits. Sales totals may still inevitably start slow in the first half of the year due to low inventory, but may push out potential buyers who simply cannot compete for homes selling at higher price points in a low number of days.
Closed Sales were up 4.4 percent to 1,806. Pending Sales increased 5.5 percent to 2,149, and Inventory shrank 14.9 percent to 8,668.
Median Sales Price was up 4.5 percent to $143,700. Percent of Original List Price Received increased 0.6 percent to 93.5%. Absorption Rate was down 23.7 percent to 2.9.
Wages are on the uptick for many Americans, while unemployment rates have remained stable and relatively unchanged for several months. The system is ripe for more home purchasing and we are optimistic that the warmer weather and high demand will bring and increase in inventory for 2017.
Market Overview
Current Prior Year + / – Current Prior Year + / – Current Prior Year + / – Current Prior Year + / –
Nov 2016 43,508 42,965 + 1.3% 22,485 22,088 + 1.8% 9,597 9,396 + 2.1% 2,743 2,594 + 5.7%
Dec 2016 43,417 42,966 + 1.0% 19,766 19,415 + 1.8% 7,864 7,959 - 1.2% 1,884 1,975 - 4.6%
Jan 2017 43,446 42,722 + 1.7% 18,094 17,861 + 1.3% 7,208 7,121 + 1.2% 2,581 2,552 + 1.1%
Nov 2016 32,354 30,145 + 7.3% 16,306 15,721 + 3.7% 7,205 7,315 - 1.5% 2,124 2,153 - 1.3%
Dec 2016 32,324 30,458 + 6.1% 15,030 14,715 + 2.1% 6,423 6,566 - 2.2% 1,913 1,943 - 1.5%
Jan 2017 32,436 30,681 + 5.7% 14,328 13,960 + 2.6% 6,186 6,133 + 0.9% 2,149 2,037 + 5.5%
Nov 2016 35,322 31,916 + 10.7% 19,472 17,796 + 9.4% 8,689 7,616 + 14.1% 2,649 2,157 + 22.8%
Dec 2016 35,433 32,190 + 10.1% 18,339 16,753 + 9.5% 8,258 7,483 + 10.4% 2,765 2,654 + 4.2%
Jan 2017 35,509 32,321 + 9.9% 16,652 15,004 + 11.0% 7,220 6,541 + 10.4% 1,806 1,730 + 4.4%
Nov 2016 $153,000 $146,400 + 4.5% $157,000 $150,000 + 4.7% $155,000 $145,000 + 6.9% $152,000 $145,000 + 4.8%
Dec 2016 $154,000 $147,000 + 4.8% $155,000 $148,000 + 4.7% $153,000 $144,000 + 6.3% $153,000 $144,000 + 6.3%
Jan 2017 $154,500 $147,900 + 4.5% $154,000 $145,000 + 6.2% $150,100 $142,000 + 5.7% $143,700 $137,500 + 4.5%
Nov 2016 $189,283 $183,125 + 3.4% $194,951 $187,679 + 3.9% $192,463 $180,510 + 6.6% $192,059 $183,988 + 4.4%
Dec 2016 $190,120 $183,709 + 3.5% $192,967 $185,556 + 4.0% $191,091 $181,266 + 5.4% $194,462 $183,468 + 6.0%
Jan 2017 $190,608 $183,947 + 3.6% $191,655 $181,691 + 5.5% $190,600 $180,625 + 5.5% $182,552 $172,016 + 6.1%
Nov 2016 94.7% 93.7% + 1.1% 95.2% 94.1% + 1.2% 94.6% 93.4% + 1.3% 94.4% 93.0% + 1.5%
Dec 2016 94.8% 93.7% + 1.2% 94.8% 93.8% + 1.1% 94.1% 93.1% + 1.1% 93.6% 92.9% + 0.8%
Jan 2017 94.8% 93.8% + 1.1% 94.5% 93.5% + 1.1% 93.9% 92.9% + 1.1% 93.5% 92.9% + 0.6%
Nov 2016 10,242 11,787 - 13.1%
Dec 2016 8,946 10,390 - 13.9%
Jan 2017 8,668 10,186 - 14.9%
Nov 2016 3.5 4.4 - 20.5%
Dec 2016 3.0 3.9 - 23.1%
Jan 2017 2.9 3.8 - 23.7%
Key market metrics for the current month as well as for rolling segments in which the given value represents 3, 6 or 12 months of activity.
Data obtained from the Broker Listing Cooperative® (BLC®). Report format © 2017 ShowingTime. | 2
Rolling 12 Months MonthlyRolling 6 Months Rolling 3 Months
There are no rolling figures for Total Active Listings Available at Month End or Absorption Rate 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.Months Supply of Inventory / Absorption Rate
Pct. of Original List Price Received at Sale
Average Sales Price
Median Sales Price
Total Active Listings Available at Month End
Closed Sales
Pending Sales
New Listings
New ListingsA 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®). Report format © 2017 ShowingTime. | 3
42,155 42,722 43,446
2015 2016 2017
12 Month
17,832 17,861 18,094
2015 2016 2017
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 1-2017
Historical New Listings
7,093 7,121 7,208
2015 2016 2017
3 Month
2,7962,552 2,581
2015 2016 2017
January
One-Year Change:
Two-Year Change:
+ 1.3%
+ 1.5%
One-Year Change:
Two-Year Change:
+ 1.7%
+ 3.1%
One-Year Change:
Two-Year Change:
+ 1.1%
- 7.7%
One-Year Change:
Two-Year Change:
+ 1.2%
+ 1.6%
Pending SalesA 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®). Report format © 2017 ShowingTime. | 4
27,65130,681
32,436
2015 2016 2017
12 Month
12,53813,960 14,328
2015 2016 2017
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 1-2017
Historical Pending Sales
5,320
6,133 6,186
2015 2016 2017
3 Month
1,8142,037
2,149
2015 2016 2017
January
One-Year Change:
Two-Year Change:
+ 2.6%
+ 14.3%
One-Year Change:
Two-Year Change:
+ 5.7%
+ 17.3%
One-Year Change:
Two-Year Change:
+ 5.5%
+ 18.5%
One-Year Change:
Two-Year Change:
+ 0.9%
+ 16.3%
Closed SalesA count of the actual sales that have closed in a given month.
Data obtained from the Broker Listing Cooperative® (BLC®). Report format © 2017 ShowingTime. | 5
29,83632,321
35,509
2015 2016 2017
12 Month
14,436 15,00416,652
2015 2016 2017
6 Month
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017
Historical Closed Sales
6,0646,541
7,220
2015 2016 2017
3 Month
1,5991,730
1,806
2015 2016 2017
January
One-Year Change:
Two-Year Change:
+ 11.0%
+ 15.4%
One-Year Change:
Two-Year Change:
+ 9.9%
+ 19.0%
One-Year Change:
Two-Year Change:
+ 4.4%
+ 12.9%
One-Year Change:
Two-Year Change:
+ 10.4%
+ 19.1%
Median Sales PriceMedian price point for all closed sales, not accounting for seller concessions, in a given month.
Data obtained from the Broker Listing Cooperative® (BLC®). Report format © 2017 ShowingTime. | 6
$139,900$147,900 $154,500
2015 2016 2017
12 Month
$139,000 $145,000$154,000
2015 2016 2017
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 1-2017
Historical Median Sales Price
$134,600$142,000
$150,100
2015 2016 2017
3 Month
$127,250$137,500
$143,700
2015 2016 2017
January
One-Year Change:
Two-Year Change:
+ 6.2%
+ 10.8%
One-Year Change:
Two-Year Change:
+ 4.5%
+ 10.4%
One-Year Change:
Two-Year Change:
+ 4.5%
+ 12.9%
One-Year Change:
Two-Year Change:
+ 5.7%
+ 11.5%
Average Sales PriceAverage sales price for all closed sales, not accounting for seller concessions, in a given month.
Data obtained from the Broker Listing Cooperative® (BLC®). Report format © 2017 ShowingTime. | 7
$175,782 $183,947 $190,608
2015 2016 2017
12 Month
$175,926 $181,691$191,655
2015 2016 2017
6 Month
$120,000
$130,000
$140,000
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
$210,000
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017
Historical Average Sales Price
$173,425 $180,625$190,600
2015 2016 2017
3 Month
$166,116 $172,016$182,552
2015 2016 2017
January
One-Year Change:
Two-Year Change:
+ 5.5%
+ 8.9%
One-Year Change:
Two-Year Change:
+ 3.6%
+ 8.4%
One-Year Change:
Two-Year Change:
+ 6.1%
+ 9.9%
One-Year Change:
+ 5.5%
+ 9.9%Two-Year Change:
Percent of Original List Price Received
Data obtained from the Broker Listing Cooperative® (BLC®). Report format © 2017 ShowingTime. | 8
Percentage found when dividing a property’s sales price by its original list price, then taking the average for allproperties sold in a given month, not accounting for seller concessions.
93.3% 93.8% 94.8%
2015 2016 2017
12 Month92.9% 93.5% 94.5%
2015 2016 2017
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 1-2017
Historical Percent of Original List Price Received
92.3% 92.9% 93.9%
2015 2016 2017
3 Month
91.9% 92.9% 93.5%
2015 2016 2017
January
One-Year Change:
Two-Year Change:
+ 1.1%
+ 1.7%
One-Year Change:
Two-Year Change:
+ 1.1%
+ 1.6%
One-Year Change:
Two-Year Change:
+ 0.6%
+ 1.7%
One-Year Change:
Two-Year Change:
+ 1.1%
+ 1.7%
Inventory of Homes for Sale
Data obtained from the Broker Listing Cooperative® (BLC®). Report format © 2017 ShowingTime. | 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 Homesfor Sale because this metric is simply a snapshot 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 1-2017
Historical Inventory of Homes Available
11,950 11,138 11,12110,186
8,668
2013 2014 2015 2016 2017
January
- 14.9%One-Year Change:
Two-Year Change:- 22.1%
Months Supply of Inventory / Absorption Rate
Data obtained from the Broker Listing Cooperative® (BLC®). Report format © 2017 ShowingTime. | 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 figuresfor this metric because it is simply a snapshot frozen in time at the end of each month. It does not add up over a period of months.
0
1
2
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 1-2017
Historical Months Supply of Inventory / Absorption Rate
5.5
4.4 4.53.8
2.9
2013 2014 2015 2016 2017
January
- 35.6%
One-Year Change:
Two-Year Change:
- 23.7%
Active Listings by Price Range
By Price Range 1-2016 1-2017 Change 1-2016 1-2017 Change 12-2016 1-2017 Change 12-2016 1-2017 Change
$75,000 and Below 2,055 1,516 - 26.2% 168 107 - 36.3% 1,579 1,516 - 4.0% 116 107 - 7.8%
$75,001 to $120,000 1,750 1,130 - 35.4% 206 167 - 18.9% 1,192 1,130 - 5.2% 159 167 + 5.0%
$120,001 to $175,000 1,588 1,501 - 5.5% 165 133 - 19.4% 1,553 1,501 - 3.3% 141 133 - 5.7%
$175,001 to $200,000 1,285 494 - 61.6% 118 48 - 59.3% 532 494 - 7.1% 53 48 - 9.4%
$200,001 to $350,000 1,050 1,611 + 53.4% 70 145 + 107.1% 1,664 1,611 - 3.2% 144 145 + 0.7%
$350,001 to $500,000 805 881 + 9.4% 32 38 + 18.8% 874 881 + 0.8% 40 38 - 5.0%
$500,001 to $750,000 500 519 + 3.8% 10 15 + 50.0% 517 519 + 0.4% 11 15 + 36.4%
$750,001 to $1,000,000 205 181 - 11.7% 3 4 + 33.3% 188 181 - 3.7% 4 4 0.0%
$1,000,001 and Above 169 174 + 3.0% 7 4 - 42.9% 174 174 0.0% 5 4 - 20.0%
All Price Ranges 9,407 8,007 - 14.9% 779 661 - 15.1% 8,273 8,007 - 3.2% 673 661 - 1.8%
Closed Sales by Price Range
By Price Range 1-2016 1-2017 Change 1-2016 1-2017 Change 12-2016 1-2017 Change 12-2016 1-2017 Change
$75,000 and Below 310 301 - 2.9% 21 18 - 14.3% 349 301 - 13.8% 25 18 - 28.0%
$75,001 to $120,000 384 310 - 19.3% 40 30 - 25.0% 456 310 - 32.0% 42 30 - 28.6%
$120,001 to $175,000 362 441 + 21.8% 25 23 - 8.0% 673 441 - 34.5% 63 23 - 63.5%
$175,001 to $200,000 224 127 - 43.3% 29 4 - 86.2% 204 127 - 37.7% 10 4 - 60.0%
$200,001 to $350,000 158 348 + 120.3% 6 26 + 333.3% 608 348 - 42.8% 37 26 - 29.7%
$350,001 to $500,000 107 106 - 0.9% 8 4 - 50.0% 189 106 - 43.9% 2 4 + 100.0%
$500,001 to $750,000 43 44 + 2.3% 2 2 0.0% 60 44 - 26.7% 4 2 - 50.0%
$750,001 to $1,000,000 7 15 + 114.3% -- -- -- 29 15 - 48.3% -- -- --
$1,000,001 and Above 4 7 + 75.0% -- -- -- 12 7 - 41.7% 2 -- --
All Price Ranges 1,599 1,699 + 6.3% 131 107 - 18.3% 2,580 1,699 - 34.1% 185 107 - 42.2%
A measure of the number of homes available for sale at a given time by price range.
Data obtained from the Broker Listing Cooperative® (BLC®). Report format © 2017 ShowingTime. | 11
A count of the actual sales that have closed in a given month by price range.
Compared to Prior Year Compared to Prior MonthSingle Family Condo Single Family Condo
Compared to Prior Year Compared to Prior MonthSingle Family Condo Single Family Condo
2016 2017 + / – 2016 2017 + / –
New Listings 397 245 - 38.3% 141 96 - 31.9%
Closed Sales 319 215 - 32.6% 108 53 - 50.9%
Median Sales Price* $153,000 $155,950 + 1.9% $138,450 $183,950 + 32.9%
Average Sales Price* $188,154 $192,171 + 2.1% $176,403 $200,288 + 13.5%
Percent of Original List Price Received at Sale* 94.6% 94.1% - 0.6% 96.0% 92.5% - 3.7%
Absorption Rate 5.2 2.8 - 46.2%
Single-Family Detached Inventory 487 303 - 37.8%
Townhouse-Condo Inventory 9 8 - 11.1%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – January 2017 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.
JanuaryNov through Jan
Bartholomew County
- 31.9% - 50.9% + 32.9%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. Report © 2017 ShowingTime.
There are no rolling figures for Absorption Rate, 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.
Bartholomew County
Indianapolis Metro Area
- 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 7-2016 1-2017
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
141
10896
53
New Listings Closed Sales
January 2016 2017
397
319
245215
New Listings Closed Sales
Nov through Jan 2016 2017
- 50.9%- 31.9%- 32.6%- 38.3%
2016 2017 + / – 2016 2017 + / –
New Listings 222 243 + 9.5% 82 76 - 7.3%
Closed Sales 199 230 + 15.6% 52 57 + 9.6%
Median Sales Price* $188,000 $209,000 + 11.2% $168,500 $184,000 + 9.2%
Average Sales Price* $259,423 $275,757 + 6.3% $247,748 $279,376 + 12.8%
Percent of Original List Price Received at Sale* 93.1% 94.3% + 1.3% 93.1% 96.1% + 3.2%
Absorption Rate 3.8 3.0 - 21.2%
Single-Family Detached Inventory 342 297 - 13.2%
Townhouse-Condo Inventory 10 12 + 20.0%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – January 2017 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.
JanuaryNov through Jan
Boone County
- 7.3% + 9.6% + 9.2%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. Report © 2017 ShowingTime.
There are no rolling figures for Absorption Rate, 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 7-2016 1-2017
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
82
52
76
57
New Listings Closed Sales
January 2016 2017
222199
243 230
New Listings Closed Sales
Nov through Jan 2016 2017
+ 9.6%- 7.3%+ 15.6%+ 9.5%
2016 2017 + / – 2016 2017 + / –
New Listings 61 66 + 8.2% 19 21 + 10.5%
Closed Sales 60 60 0.0% 18 16 - 11.1%
Median Sales Price* $197,400 $177,450 - 10.1% $174,950 $160,500 - 8.3%
Average Sales Price* $207,998 $201,819 - 3.0% $187,400 $172,236 - 8.1%
Percent of Original List Price Received at Sale* 87.3% 91.8% + 5.1% 85.6% 92.6% + 8.1%
Absorption Rate 14.6 10.0 - 31.0%
Single-Family Detached Inventory 265 241 - 9.1%
Townhouse-Condo Inventory 3 4 + 33.3%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – January 2017 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.
JanuaryNov through Jan
Brown County
+ 10.5% - 11.1% - 8.3%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. Report © 2017 ShowingTime.
There are no rolling figures for Absorption Rate, 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%
+ 60%
+ 70%
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 7-2016 1-2017
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
19 1821
16
New Listings Closed Sales
January 2016 2017
61 6066
60
New Listings Closed Sales
Nov through Jan 2016 2017
- 11.1%+ 10.5%0.0%+ 8.2%
2016 2017 + / – 2016 2017 + / –
New Listings 59 65 + 10.2% 22 26 + 18.2%
Closed Sales 47 73 + 55.3% 10 16 + 60.0%
Median Sales Price* $132,000 $110,250 - 16.5% $143,950 $104,500 - 27.4%
Average Sales Price* $161,658 $127,559 - 21.1% $171,640 $112,400 - 34.5%
Percent of Original List Price Received at Sale* 90.1% 92.2% + 2.3% 88.1% 93.6% + 6.3%
Absorption Rate 5.4 4.1 - 24.9%
Single-Family Detached Inventory 122 92 - 24.6%
Townhouse-Condo Inventory 0 0 --
Change inClosed Sales
Change in Median Sales Price
Local Market Update – January 2017 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.
JanuaryNov through Jan
Decatur County
+ 18.2% + 60.0% - 27.4%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. Report © 2017 ShowingTime.
There are no rolling figures for Absorption Rate, 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 7-2016 1-2017
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
22
10
26
16
New Listings Closed Sales
January 2016 2017
5947
6573
New Listings Closed Sales
Nov through Jan 2016 2017
+ 60.0%+ 18.2%+ 55.3%+ 10.2%
2016 2017 + / – 2016 2017 + / –
New Listings 1,245 1,296 + 4.1% 514 474 - 7.8%
Closed Sales 1,291 1,368 + 6.0% 327 305 - 6.7%
Median Sales Price* $234,950 $241,990 + 3.0% $217,562 $245,000 + 12.6%
Average Sales Price* $279,891 $295,270 + 5.5% $273,840 $279,256 + 2.0%
Percent of Original List Price Received at Sale* 95.2% 95.6% + 0.3% 94.9% 96.3% + 1.5%
Absorption Rate 2.8 2.5 - 9.9%
Single-Family Detached Inventory 1,414 1,330 - 5.9%
Townhouse-Condo Inventory 153 138 - 9.8%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – January 2017 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.
JanuaryNov through Jan
Hamilton County
- 7.8% - 6.7% + 12.6%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. Report © 2017 ShowingTime.
There are no rolling figures for Absorption Rate, 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 7-2016 1-2017
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
514
327
474
305
New Listings Closed Sales
January 2016 2017
1,245 1,2911,296 1,368
New Listings Closed Sales
Nov through Jan 2016 2017
- 6.7%- 7.8%+ 6.0%+ 4.1%
2016 2017 + / – 2016 2017 + / –
New Listings 243 242 - 0.4% 99 84 - 15.2%
Closed Sales 256 269 + 5.1% 60 61 + 1.7%
Median Sales Price* $145,000 $155,000 + 6.9% $145,000 $159,500 + 10.0%
Average Sales Price* $163,941 $175,944 + 7.3% $155,591 $196,135 + 26.1%
Percent of Original List Price Received at Sale* 94.4% 94.4% - 0.0% 95.1% 93.5% - 1.7%
Absorption Rate 3.2 2.5 - 22.2%
Single-Family Detached Inventory 324 267 - 17.6%
Townhouse-Condo Inventory 5 8 + 60.0%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – January 2017 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.
JanuaryNov through Jan
Hancock County
- 15.2% + 1.7% + 10.0%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. Report © 2017 ShowingTime.
There are no rolling figures for Absorption Rate, 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 7-2016 1-2017
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
99
60
84
61
New Listings Closed Sales
January 2016 2017
243 256242269
New Listings Closed Sales
Nov through Jan 2016 2017
+ 1.7%- 15.2%+ 5.1%- 0.4%
2016 2017 + / – 2016 2017 + / –
New Listings 528 591 + 11.9% 189 215 + 13.8%
Closed Sales 561 602 + 7.3% 129 140 + 8.5%
Median Sales Price* $155,650 $175,250 + 12.6% $154,500 $173,000 + 12.0%
Average Sales Price* $179,685 $196,331 + 9.3% $180,951 $198,112 + 9.5%
Percent of Original List Price Received at Sale* 94.1% 95.3% + 1.3% 94.5% 95.1% + 0.7%
Absorption Rate 2.8 2.4 - 14.2%
Single-Family Detached Inventory 625 573 - 8.3%
Townhouse-Condo Inventory 48 37 - 22.9%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – January 2017 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.
JanuaryNov through Jan
Hendricks County
+ 13.8% + 8.5% + 12.0%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. Report © 2017 ShowingTime.
There are no rolling figures for Absorption Rate, 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 7-2016 1-2017
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
189
129
215
140
New Listings Closed Sales
January 2016 2017
528 561591 602
New Listings Closed Sales
Nov through Jan 2016 2017
+ 8.5%+ 13.8%+ 7.3%+ 11.9%
2016 2017 + / – 2016 2017 + / –
New Listings 42 55 + 31.0% 12 17 + 41.7%
Closed Sales 26 46 + 76.9% 9 14 + 55.6%
Median Sales Price* $78,500 $104,900 + 33.6% $105,500 $130,000 + 23.2%
Average Sales Price* $97,115 $102,291 + 5.3% $121,856 $131,308 + 7.8%
Percent of Original List Price Received at Sale* 91.9% 90.3% - 1.7% 97.8% 91.1% - 6.8%
Absorption Rate 4.6 4.0 - 13.5%
Single-Family Detached Inventory 64 59 - 7.8%
Townhouse-Condo Inventory 0 0 --
Change inClosed Sales
Change in Median Sales Price
Local Market Update – January 2017 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.
JanuaryNov through Jan
Jennings County
+ 41.7% + 55.6% + 23.2%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. Report © 2017 ShowingTime.
There are no rolling figures for Absorption Rate, 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.
Jennings 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 7-2016 1-2017
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
12
9
17
14
New Listings Closed Sales
January 2016 2017
42
26
5546
New Listings Closed Sales
Nov through Jan 2016 2017
+ 55.6%+ 41.7%+ 76.9%+ 31.0%
2016 2017 + / – 2016 2017 + / –
New Listings 557 519 - 6.8% 205 189 - 7.8%
Closed Sales 537 566 + 5.4% 133 134 + 0.8%
Median Sales Price* $142,460 $148,500 + 4.2% $141,000 $144,750 + 2.7%
Average Sales Price* $174,384 $186,716 + 7.1% $170,204 $205,007 + 20.4%
Percent of Original List Price Received at Sale* 93.9% 95.3% + 1.5% 93.0% 94.9% + 2.0%
Absorption Rate 3.1 2.4 - 22.7%
Single-Family Detached Inventory 679 536 - 21.1%
Townhouse-Condo Inventory 22 24 + 9.1%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – January 2017 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.
JanuaryNov through Jan
Johnson County
- 7.8% + 0.8% + 2.7%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. Report © 2017 ShowingTime.
There are no rolling figures for Absorption Rate, 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 7-2016 1-2017
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
205
133
189
134
New Listings Closed Sales
January 2016 2017
557 537519566
New Listings Closed Sales
Nov through Jan 2016 2017
+ 0.8%- 7.8%+ 5.4%- 6.8%
2016 2017 + / – 2016 2017 + / –
New Listings 369 375 + 1.6% 125 145 + 16.0%
Closed Sales 292 368 + 26.0% 82 87 + 6.1%
Median Sales Price* $86,000 $88,150 + 2.5% $75,000 $75,000 0.0%
Average Sales Price* $96,757 $104,674 + 8.2% $96,770 $81,926 - 15.3%
Percent of Original List Price Received at Sale* 89.4% 90.4% + 1.2% 88.0% 90.2% + 2.6%
Absorption Rate 5.4 3.9 - 27.1%
Single-Family Detached Inventory 629 494 - 21.5%
Townhouse-Condo Inventory 32 20 - 37.5%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – January 2017 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.
JanuaryNov through Jan
Madison County
+ 16.0% + 6.1% 0.0%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. Report © 2017 ShowingTime.
There are no rolling figures for Absorption Rate, 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 7-2016 1-2017
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
125
82
145
87
New Listings Closed Sales
January 2016 2017
369
292
375 368
New Listings Closed Sales
Nov through Jan 2016 2017
+ 6.1%+ 16.0%+ 26.0%+ 1.6%
2016 2017 + / – 2016 2017 + / –
New Listings 3,024 2,982 - 1.4% 1,031 1,065 + 3.3%
Closed Sales 2,606 2,871 + 10.2% 710 780 + 9.9%
Median Sales Price* $117,000 $125,463 + 7.2% $111,000 $120,000 + 8.1%
Average Sales Price* $143,269 $155,564 + 8.6% $132,474 $149,748 + 13.0%
Percent of Original List Price Received at Sale* 91.7% 93.2% + 1.6% 92.0% 92.4% + 0.4%
Absorption Rate 3.9 2.9 - 26.1%
Single-Family Detached Inventory 3,798 3,067 - 19.2%
Townhouse-Condo Inventory 473 376 - 20.5%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – January 2017 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.
JanuaryNov through Jan
Marion County
+ 3.3% + 9.9% + 8.1%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. Report © 2017 ShowingTime.
There are no rolling figures for Absorption Rate, 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 7-2016 1-2017
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
1,031
710
1,065
780
New Listings Closed Sales
January 2016 2017
3,0242,606
2,982 2,871
New Listings Closed Sales
Nov through Jan 2016 2017
+ 9.9%+ 3.3%+ 10.2%- 1.4%
2016 2017 + / – 2016 2017 + / –
New Listings 97 81 - 16.5% 29 29 0.0%
Closed Sales 103 112 + 8.7% 29 28 - 3.4%
Median Sales Price* $100,000 $112,500 + 12.5% $85,000 $95,500 + 12.4%
Average Sales Price* $108,789 $119,634 + 10.0% $104,265 $111,728 + 7.2%
Percent of Original List Price Received at Sale* 91.5% 92.8% + 1.4% 89.9% 92.0% + 2.3%
Absorption Rate 4.0 3.4 - 14.7%
Single-Family Detached Inventory 152 138 - 9.2%
Townhouse-Condo Inventory 1 6 + 500.0%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – January 2017 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.
JanuaryNov through Jan
Montgomery County
0.0% - 3.4% + 12.4%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. Report © 2017 ShowingTime.
There are no rolling figures for Absorption Rate, 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 7-2016 1-2017
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
29 2929 28
New Listings Closed Sales
January 2016 2017
97 103
81
112
New Listings Closed Sales
Nov through Jan 2016 2017
- 3.4%0.0%+ 8.7%- 16.5%
2016 2017 + / – 2016 2017 + / –
New Listings 230 203 - 11.7% 60 74 + 23.3%
Closed Sales 195 226 + 15.9% 60 57 - 5.0%
Median Sales Price* $130,000 $145,000 + 11.5% $130,500 $132,000 + 1.1%
Average Sales Price* $152,395 $173,235 + 13.7% $156,131 $155,050 - 0.7%
Percent of Original List Price Received at Sale* 93.5% 94.2% + 0.8% 96.6% 94.7% - 2.0%
Absorption Rate 4.7 3.0 - 35.8%
Single-Family Detached Inventory 368 255 - 30.7%
Townhouse-Condo Inventory 8 10 + 25.0%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – January 2017 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.
JanuaryNov through Jan
Morgan County
+ 23.3% - 5.0% + 1.1%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. Report © 2017 ShowingTime.
There are no rolling figures for Absorption Rate, 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 7-2016 1-2017
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
60 60
74
57
New Listings Closed Sales
January 2016 2017
230195203
226
New Listings Closed Sales
Nov through Jan 2016 2017
- 5.0%+ 23.3%+ 15.9%- 11.7%
2016 2017 + / – 2016 2017 + / –
New Listings 114 133 + 16.7% 51 33 - 35.3%
Closed Sales 107 98 - 8.4% 29 21 - 27.6%
Median Sales Price* $116,500 $118,000 + 1.3% $90,000 $125,000 + 38.9%
Average Sales Price* $159,957 $137,702 - 13.9% $103,436 $147,561 + 42.7%
Percent of Original List Price Received at Sale* 90.7% 90.3% - 0.5% 90.0% 91.8% + 2.0%
Absorption Rate 4.9 4.8 - 3.6%
Single-Family Detached Inventory 179 193 + 7.8%
Townhouse-Condo Inventory 10 9 - 10.0%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – January 2017 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.
JanuaryNov through Jan
Putnam County
- 35.3% - 27.6% + 38.9%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. Report © 2017 ShowingTime.
There are no rolling figures for Absorption Rate, 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 7-2016 1-2017
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
51
2933
21
New Listings Closed Sales
January 2016 2017
114 107
133
98
New Listings Closed Sales
Nov through Jan 2016 2017
- 27.6%- 35.3%- 8.4%+ 16.7%
2016 2017 + / – 2016 2017 + / –
New Listings 133 112 - 15.8% 41 37 - 9.8%
Closed Sales 105 116 + 10.5% 28 37 + 32.1%
Median Sales Price* $115,000 $118,500 + 3.0% $129,900 $100,500 - 22.6%
Average Sales Price* $132,292 $127,807 - 3.4% $157,688 $123,571 - 21.6%
Percent of Original List Price Received at Sale* 93.2% 91.7% - 1.6% 93.0% 88.4% - 4.9%
Absorption Rate 5.1 3.7 - 26.8%
Single-Family Detached Inventory 212 162 - 23.6%
Townhouse-Condo Inventory 6 9 + 50.0%
Change inClosed Sales
Change in Median Sales Price
Local Market Update – January 2017 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.
JanuaryNov through Jan
Shelby County
- 9.8% + 32.1% - 22.6%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. Report © 2017 ShowingTime.
There are no rolling figures for Absorption Rate, 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 7-2016 1-2017
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
41
28
37 37
New Listings Closed Sales
January 2016 2017
133
105112 116
New Listings Closed Sales
Nov through Jan 2016 2017
+ 32.1%- 9.8%+ 10.5%- 15.8%