Monthly Indicators

Quick Facts

234567891011Active Listings and Closed Sales by Price Range

A RESEARCH TOOL PROVIDED BY THE MIBOR REALTOR® ASSOCIATION

+ 5.9% + 2.9% - 13.3%

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 © 2016 ShowingTime. | 1

August 2016After a slowdown in July, Closed and Pending Sales rebounded in central Indiana with double digit increases in both areas. New listings to the market and home sales prices remained essentially unchanged.

Closed Sales were up 12.9 percent in August compared to August 2015. For the three months ending in August, Closed Sales rose 5.9 percent in relation to the same three months of 2015. Pending Sales increased 14.9 percent in August and 8.3 for the quarter ending in August. Months of Inventory fell in the August to August comparison to four months, the same level as in July.

Median Sales Price rose in August 3.3 percent to $154,900. Average Sales prices rose just 1.9 percent in the year of year comparison of August activity.

With this welcome rally in August, concern lingers over low inventory. The contradictions of today's market are clear. Sellers should feel confident to list homes at fair prices and receive meaningful offers in a healthy residential real estate and overall economic environment. However, there may be lingering worry over the availability of move-in ready homes to replace what was sold. The increased activity in August may signal a growing confidence among sellers to forge ahead.

Market OverviewKey market metrics for the current month and year-to-date figures.

Current Prior Year + / – Current Prior Year + / – Current Prior Year + / – Current Prior Year + / –

Jun 2016 43,066 42,911 + 0.4% 23,651 23,551 + 0.4% 13,603 13,914 - 2.2% 4,603 4,648 - 1.0%

Jul 2016 43,213 42,693 + 1.2% 25,352 24,861 + 2.0% 13,309 13,295 + 0.1% 4,253 4,106 + 3.6%

Aug 2016 43,307 42,871 + 1.0% 26,238 25,953 + 1.1% 12,888 12,692 + 1.5% 4,032 3,938 + 2.4%

Jun 2016 32,009 28,992 + 10.4% 17,294 15,743 + 9.9% 9,690 9,106 + 6.4% 3,189 2,949 + 8.1%

Jul 2016 32,068 29,259 + 9.6% 18,108 16,721 + 8.3% 9,306 8,830 + 5.4% 2,851 2,792 + 2.1%

Aug 2016 32,464 29,378 + 10.5% 18,724 17,242 + 8.6% 9,101 8,406 + 8.3% 3,061 2,665 + 14.9%

Jun 2016 33,847 31,324 + 8.1% 17,094 15,437 + 10.7% 10,720 9,593 + 11.7% 3,898 3,697 + 5.4%

Jul 2016 33,861 31,753 + 6.6% 18,857 17,317 + 8.9% 11,141 10,338 + 7.8% 3,493 3,479 + 0.4%

Aug 2016 34,249 31,866 + 7.5% 20,265 18,511 + 9.5% 10,783 10,180 + 5.9% 3,392 3,004 + 12.9%

Jun 2016 $150,000 $144,000 + 4.2% $152,000 $146,000 + 4.1% $158,000 $153,000 + 3.3% $163,000 $158,000 + 3.2%

Jul 2016 $150,000 $145,000 + 3.4% $154,900 $149,900 + 3.3% $160,000 $155,000 + 3.2% $158,900 $155,000 + 2.5%

Aug 2016 $150,000 $145,000 + 3.4% $156,000 $150,900 + 3.4% $159,500 $155,000 + 2.9% $154,900 $150,000 + 3.3%

Jun 2016 $186,320 $180,005 + 3.5% $187,066 $181,702 + 3.0% $193,824 $188,566 + 2.8% $203,913 $194,259 + 5.0%

Jul 2016 $186,155 $181,380 + 2.6% $189,685 $185,897 + 2.0% $196,329 $192,377 + 2.1% $193,845 $195,481 - 0.8%

Aug 2016 $186,536 $181,879 + 2.6% $192,000 $188,229 + 2.0% $196,947 $193,007 + 2.0% $192,140 $188,604 + 1.9%

Jun 2016 94.2% 93.5% + 0.7% 94.7% 93.7% + 1.1% 95.6% 94.5% + 1.2% 96.0% 94.9% + 1.2%

Jul 2016 94.4% 93.5% + 1.0% 95.1% 94.0% + 1.2% 95.8% 94.7% + 1.2% 95.7% 94.6% + 1.2%

Aug 2016 94.5% 93.6% + 1.0% 95.3% 94.3% + 1.1% 95.7% 94.7% + 1.1% 95.4% 94.5% + 1.0%

Jun 2016 11,150 12,857 - 13.3%

Jul 2016 11,377 12,878 - 11.7%

Aug 2016 11,334 13,074 - 13.3%

Jun 2016 4.0 4.9 - 18.4%

Jul 2016 4.0 4.9 - 18.4%

Aug 2016 4.0 4.9 - 18.4%

Data obtained from the Broker Listing Cooperative® (BLC®). Report format © 2016 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 © 2016 ShowingTime. | 3

41,037 42,871 43,307

2014 2015 2016

12 Month

25,574 25,953 26,238

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

12,566 12,692 12,888

2014 2015 2016

3 Month

3,7603,938 4,032

2014 2015 2016

August

One-Year Change:

Two-Year Change:

+ 1.1%

+ 2.6%

One-Year Change:

Two-Year Change:

+ 1.0%

+ 5.5%

One-Year Change:

Two-Year Change:

+ 2.4%

+ 7.2%

One-Year Change:

Two-Year Change:

+ 1.5%

+ 2.6%

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 © 2016 ShowingTime. | 4

26,50129,378

32,464

2014 2015 2016

12 Month

15,77517,242

18,724

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

7,7988,406

9,101

2014 2015 2016

3 Month

2,546 2,665

3,061

2014 2015 2016

August

One-Year Change:

Two-Year Change:

+ 8.6%

+ 18.7%

One-Year Change:

Two-Year Change:

+ 10.5%

+ 22.5%

One-Year Change:

Two-Year Change:

+ 14.9%

+ 20.2%

One-Year Change:

Two-Year Change:

+ 8.3%

+ 16.7%

Closed SalesA count of the actual sales that have closed in a given month.

Data obtained from the Broker Listing Cooperative® (BLC®). Report format © 2016 ShowingTime. | 5

28,81431,866

34,249

2014 2015 2016

12 Month

16,68318,511

20,265

2014 2015 2016

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

Historical Closed Sales

9,08610,180

10,783

2014 2015 2016

3 Month

2,891 3,004

3,392

2014 2015 2016

August

One-Year Change:

Two-Year Change:

+ 9.5%

+ 21.5%

One-Year Change:

Two-Year Change:

+ 7.5%

+ 18.9%

One-Year Change:

Two-Year Change:

+ 12.9%

+ 17.3%

One-Year Change:

Two-Year Change:

+ 5.9%

+ 18.7%

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 © 2016 ShowingTime. | 6

$137,625$145,000 $150,000

2014 2015 2016

12 Month

$142,500$150,900 $156,000

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

$147,000$155,000 $159,500

2014 2015 2016

3 Month

$146,000 $150,000 $154,900

2014 2015 2016

August

One-Year Change:

Two-Year Change:

+ 3.4%

+ 9.5%

One-Year Change:

Two-Year Change:

+ 3.4%

+ 9.0%

One-Year Change:

Two-Year Change:

+ 3.3%

+ 6.1%

One-Year Change:

Two-Year Change:

+ 2.9%

+ 8.5%

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 © 2016 ShowingTime. | 7

$173,879$181,879 $186,536

2014 2015 2016

12 Month

$179,083 $188,229 $192,000

2014 2015 2016

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

Historical Average Sales Price

$185,173 $193,007 $196,947

2014 2015 2016

3 Month

$183,433 $188,604 $192,140

2014 2015 2016

August

One-Year Change:

Two-Year Change:

+ 2.0%

+ 7.2%

One-Year Change:

Two-Year Change:

+ 2.6%

+ 7.3%

One-Year Change:

Two-Year Change:

+ 1.9%

+ 4.7%

One-Year Change:

+ 2.0%

+ 6.4%Two-Year Change:

Percent of Original List Price Received

Data obtained from the Broker Listing Cooperative® (BLC®). Report format © 2016 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.

93.0% 93.6% 94.5%

2014 2015 2016

12 Month

93.9% 94.3% 95.3%

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

94.1% 94.7% 95.7%

2014 2015 2016

3 Month

93.8% 94.5% 95.4%

2014 2015 2016

August

One-Year Change:

Two-Year Change:

+ 1.1%

+ 1.5%

One-Year Change:

Two-Year Change:

+ 1.0%

+ 1.6%

One-Year Change:

Two-Year Change:

+ 1.0%

+ 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 © 2016 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

Historical Inventory of Homes Available

15,64913,816 13,921 13,074

11,334

2012 2013 2014 2015 2016

August

- 13.3%One-Year Change:

Two-Year Change:- 18.6%

Months Supply of Inventory / Absorption Rate

Data obtained from the Broker Listing Cooperative® (BLC®). Report format © 2016 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.

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 Inventory / Absorption Rate

7.7

5.6 5.84.9

4.0

2012 2013 2014 2015 2016

August

- 31.0%

One-Year Change:

Two-Year Change:

- 18.4%

Active Listings by Price Range

By Price Range 8-2015 8-2016 Change 8-2015 8-2016 Change 7-2016 8-2016 Change 7-2016 8-2016 Change

$75,000 and Below 2,347 1,962 - 16.4% 222 156 - 29.7% 1,966 1,962 - 0.2% 152 156 + 2.6%

$75,001 to $120,000 2,363 1,491 - 36.9% 341 198 - 41.9% 1,505 1,491 - 0.9% 204 198 - 2.9%

$120,001 to $175,000 2,190 1,951 - 10.9% 179 184 + 2.8% 1,898 1,951 + 2.8% 188 184 - 2.1%

$175,001 to $200,000 1,706 668 - 60.8% 148 73 - 50.7% 684 668 - 2.3% 71 73 + 2.8%

$200,001 to $350,000 1,313 2,132 + 62.4% 55 146 + 165.5% 2,176 2,132 - 2.0% 169 146 - 13.6%

$350,001 to $500,000 1,060 1,152 + 8.7% 36 41 + 13.9% 1,139 1,152 + 1.1% 40 41 + 2.5%

$500,001 to $750,000 627 680 + 8.5% 18 18 0.0% 685 680 - 0.7% 18 18 0.0%

$750,001 to $1,000,000 246 244 - 0.8% 3 3 0.0% 243 244 + 0.4% 7 3 - 57.1%

$1,000,001 and Above 212 231 + 9.0% 8 4 - 50.0% 227 231 + 1.8% 5 4 - 20.0%

All Price Ranges 12,064 10,511 - 12.9% 1,010 823 - 18.5% 10,523 10,511 - 0.1% 854 823 - 3.6%

Closed Sales by Price Range

By Price Range 8-2015 8-2016 Change 8-2015 8-2016 Change 7-2016 8-2016 Change 7-2016 8-2016 Change

$75,000 and Below 335 402 + 20.0% 31 31 0.0% 384 402 + 4.7% 29 31 + 6.9%

$75,001 to $120,000 605 508 - 16.0% 53 83 + 56.6% 563 508 - 9.8% 70 83 + 18.6%

$120,001 to $175,000 685 894 + 30.5% 63 79 + 25.4% 891 894 + 0.3% 73 79 + 8.2%

$175,001 to $200,000 519 258 - 50.3% 49 22 - 55.1% 290 258 - 11.0% 27 22 - 18.5%

$200,001 to $350,000 357 696 + 95.0% 19 43 + 126.3% 725 696 - 4.0% 47 43 - 8.5%

$350,001 to $500,000 186 244 + 31.2% 8 2 - 75.0% 257 244 - 5.1% 15 2 - 86.7%

$500,001 to $750,000 69 96 + 39.1% 1 3 + 200.0% 84 96 + 14.3% 3 3 0.0%

$750,001 to $1,000,000 16 19 + 18.8% -- -- -- 29 19 - 34.5% -- -- --

$1,000,001 and Above 8 10 + 25.0% -- 2 -- 6 10 + 66.7% -- 2 --

All Price Ranges 2,780 3,127 + 12.5% 224 265 + 18.3% 3,229 3,127 - 3.2% 264 265 + 0.4%

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 © 2016 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

2015 2016 + / – 2015 2016 + / –

New Listings 397 414 + 4.3% 118 140 + 18.6%

Closed Sales 360 358 - 0.6% 103 118 + 14.6%

Median Sales Price* $168,500 $164,900 - 2.1% $170,000 $171,500 + 0.9%

Average Sales Price* $211,471 $203,999 - 3.5% $208,494 $187,766 - 9.9%

Percent of Original List Price Received at Sale* 95.5% 95.1% - 0.4% 97.1% 95.8% - 1.4%

Absorption Rate 3.7 2.9 - 21.4%

Single-Family Detached Inventory 323 340 + 5.3%

Townhouse-Condo Inventory 4 7 + 75.0%

** 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 © 2016 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

Change inClosed Sales

Change in Median Sales Price

Local Market Update – August 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.

AugustJun through Aug

Bartholomew County

+ 18.6% + 14.6% + 0.9%Change in

New Listings

- 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

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

118103

140118

New Listings Closed Sales

August 2015 2016

397360

414358

New Listings Closed Sales

Jun through Aug 2015 2016

+ 14.6%+ 18.6%- 0.6%+ 4.3%

2015 2016 + / – 2015 2016 + / –

New Listings 445 415 - 6.7% 130 122 - 6.2%

Closed Sales 402 426 + 6.0% 111 119 + 7.2%

Median Sales Price* $235,450 $249,500 + 6.0% $203,000 $225,000 + 10.8%

Average Sales Price* $289,002 $299,494 + 3.6% $259,051 $278,093 + 7.4%

Percent of Original List Price Received at Sale* 95.7% 95.6% - 0.1% 95.4% 94.7% - 0.8%

Absorption Rate 4.5 3.8 - 15.9%

Single-Family Detached Inventory 424 366 - 13.7%

Townhouse-Condo Inventory 21 9 - 57.1%

** 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 © 2016 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

Change inClosed Sales

Change in Median Sales Price

Local Market Update – August 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.

AugustJun through Aug

Boone County

- 6.2% + 7.2% + 10.8%Change in

New Listings

- 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

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

130111

122 119

New Listings Closed Sales

August 2015 2016

445402415 426

New Listings Closed Sales

Jun through Aug 2015 2016

+ 7.2%- 6.2%+ 6.0%- 6.7%

2015 2016 + / – 2015 2016 + / –

New Listings 114 118 + 3.5% 42 39 - 7.1%

Closed Sales 58 102 + 75.9% 14 28 + 100.0%

Median Sales Price* $185,000 $198,000 + 7.0% $130,500 $230,758 + 76.8%

Average Sales Price* $182,775 $217,808 + 19.2% $149,899 $243,416 + 62.4%

Percent of Original List Price Received at Sale* 90.2% 92.0% + 1.9% 95.6% 91.9% - 3.9%

Absorption Rate 24.1 11.6 - 51.8%

Single-Family Detached Inventory 367 280 - 23.7%

Townhouse-Condo Inventory 7 6 - 14.3%

** 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 © 2016 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

Change inClosed Sales

Change in Median Sales Price

Local Market Update – August 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.

AugustJun through Aug

Brown County

- 7.1% + 100.0% + 76.8%Change in

New Listings

- 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

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

42

14

39

28

New Listings Closed Sales

August 2015 2016

114

58

118102

New Listings Closed Sales

Jun through Aug 2015 2016

+ 100.0%- 7.1%+ 75.9%+ 3.5%

2015 2016 + / – 2015 2016 + / –

New Listings 113 120 + 6.2% 36 41 + 13.9%

Closed Sales 87 65 - 25.3% 31 23 - 25.8%

Median Sales Price* $114,000 $140,000 + 22.8% $115,000 $127,000 + 10.4%

Average Sales Price* $123,748 $153,154 + 23.8% $124,681 $152,083 + 22.0%

Percent of Original List Price Received at Sale* 91.6% 93.4% + 2.0% 92.0% 92.2% + 0.2%

Absorption Rate 7.3 6.6 - 9.6%

Single-Family Detached Inventory 168 136 - 19.0%

Townhouse-Condo Inventory 0 0 --

** 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 © 2016 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

Change inClosed Sales

Change in Median Sales Price

Local Market Update – August 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.

AugustJun through Aug

Decatur County

+ 13.9% - 25.8% + 10.4%Change in

New Listings

- 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

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

3631

41

23

New Listings Closed Sales

August 2015 2016

113

87

120

65

New Listings Closed Sales

Jun through Aug 2015 2016

- 25.8%+ 13.9%- 25.3%+ 6.2%

2015 2016 + / – 2015 2016 + / –

New Listings 2,453 2,411 - 1.7% 683 671 - 1.8%

Closed Sales 2,199 2,205 + 0.3% 630 661 + 4.9%

Median Sales Price* $235,500 $247,000 + 4.9% $233,950 $250,000 + 6.9%

Average Sales Price* $284,028 $293,988 + 3.5% $284,219 $300,775 + 5.8%

Percent of Original List Price Received at Sale* 96.4% 96.8% + 0.4% 96.2% 96.7% + 0.6%

Absorption Rate 3.7 3.5 - 6.7%

Single-Family Detached Inventory 1,900 1,780 - 6.3%

Townhouse-Condo Inventory 169 175 + 3.6%

** 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 © 2016 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

Change inClosed Sales

Change in Median Sales Price

Local Market Update – August 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.

AugustJun through Aug

Hamilton County

- 1.8% + 4.9% + 6.9%Change in

New Listings

- 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

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

683630671 661

New Listings Closed Sales

August 2015 2016

2,4532,199

2,4112,205

New Listings Closed Sales

Jun through Aug 2015 2016

+ 4.9%- 1.8%+ 0.3%- 1.7%

2015 2016 + / – 2015 2016 + / –

New Listings 464 492 + 6.0% 143 149 + 4.2%

Closed Sales 397 421 + 6.0% 110 134 + 21.8%

Median Sales Price* $156,000 $165,000 + 5.8% $152,000 $169,900 + 11.8%

Average Sales Price* $176,320 $183,895 + 4.3% $175,528 $190,117 + 8.3%

Percent of Original List Price Received at Sale* 94.9% 96.0% + 1.1% 95.1% 96.0% + 0.9%

Absorption Rate 4.3 3.5 - 18.9%

Single-Family Detached Inventory 442 371 - 16.1%

Townhouse-Condo Inventory 4 10 + 150.0%

** 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 © 2016 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

Change inClosed Sales

Change in Median Sales Price

Local Market Update – August 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.

AugustJun through Aug

Hancock County

+ 4.2% + 21.8% + 11.8%Change in

New Listings

- 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

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

143

110

149134

New Listings Closed Sales

August 2015 2016

464397

492421

New Listings Closed Sales

Jun through Aug 2015 2016

+ 21.8%+ 4.2%+ 6.0%+ 6.0%

2015 2016 + / – 2015 2016 + / –

New Listings 1,064 1,039 - 2.3% 301 334 + 11.0%

Closed Sales 934 952 + 1.9% 278 264 - 5.0%

Median Sales Price* $168,000 $173,750 + 3.4% $158,000 $160,000 + 1.3%

Average Sales Price* $191,433 $197,776 + 3.3% $185,255 $190,654 + 2.9%

Percent of Original List Price Received at Sale* 96.4% 96.7% + 0.3% 96.3% 96.4% + 0.1%

Absorption Rate 3.9 3.2 - 16.6%

Single-Family Detached Inventory 843 755 - 10.4%

Townhouse-Condo Inventory 66 34 - 48.5%

** 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 © 2016 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

Change inClosed Sales

Change in Median Sales Price

Local Market Update – August 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.

AugustJun through Aug

Hendricks County

+ 11.0% - 5.0% + 1.3%Change in

New Listings

- 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

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

301278

334

264

New Listings Closed Sales

August 2015 2016

1,064934

1,039952

New Listings Closed Sales

Jun through Aug 2015 2016

- 5.0%+ 11.0%+ 1.9%- 2.3%

2015 2016 + / – 2015 2016 + / –

New Listings 63 53 - 15.9% 20 27 + 35.0%

Closed Sales 57 38 - 33.3% 16 16 0.0%

Median Sales Price* $93,000 $90,000 - 3.2% $80,250 $87,050 + 8.5%

Average Sales Price* $99,068 $108,241 + 9.3% $91,356 $101,281 + 10.9%

Percent of Original List Price Received at Sale* 90.7% 93.3% + 2.8% 90.0% 95.0% + 5.6%

Absorption Rate 6.3 7.3 + 16.3%

Single-Family Detached Inventory 90 87 - 3.3%

Townhouse-Condo Inventory 0 0 --

** 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 © 2016 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

Change inClosed Sales

Change in Median Sales Price

Local Market Update – August 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.

AugustJun through Aug

Jennings County

+ 35.0% 0.0% + 8.5%Change in

New Listings

- 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

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

2016

27

16

New Listings Closed Sales

August 2015 2016

635753

38

New Listings Closed Sales

Jun through Aug 2015 2016

0.0%+ 35.0%- 33.3%- 15.9%

2015 2016 + / – 2015 2016 + / –

New Listings 1,008 1,007 - 0.1% 329 313 - 4.9%

Closed Sales 874 838 - 4.1% 283 245 - 13.4%

Median Sales Price* $157,000 $158,500 + 1.0% $160,000 $145,000 - 9.4%

Average Sales Price* $186,454 $187,186 + 0.4% $195,442 $167,271 - 14.4%

Percent of Original List Price Received at Sale* 95.3% 96.6% + 1.4% 95.2% 96.1% + 1.0%

Absorption Rate 4.2 3.2 - 22.4%

Single-Family Detached Inventory 871 719 - 17.5%

Townhouse-Condo Inventory 35 27 - 22.9%

** 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 © 2016 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

Change inClosed Sales

Change in Median Sales Price

Local Market Update – August 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.

AugustJun through Aug

Johnson County

- 4.9% - 13.4% - 9.4%Change in

New Listings

- 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

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

329283

313

245

New Listings Closed Sales

August 2015 2016

1,008874

1,007838

New Listings Closed Sales

Jun through Aug 2015 2016

- 13.4%- 4.9%- 4.1%- 0.1%

2015 2016 + / – 2015 2016 + / –

New Listings 591 619 + 4.7% 184 207 + 12.5%

Closed Sales 455 415 - 8.8% 149 139 - 6.7%

Median Sales Price* $94,500 $89,900 - 4.9% $98,000 $90,650 - 7.5%

Average Sales Price* $105,153 $102,520 - 2.5% $106,640 $99,306 - 6.9%

Percent of Original List Price Received at Sale* 92.1% 92.2% + 0.1% 91.7% 91.9% + 0.1%

Absorption Rate 5.5 5.3 - 3.7%

Single-Family Detached Inventory 668 633 - 5.2%

Townhouse-Condo Inventory 27 21 - 22.2%

** 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 © 2016 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

Change inClosed Sales

Change in Median Sales Price

Local Market Update – August 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.

AugustJun through Aug

Madison County

+ 12.5% - 6.7% - 7.5%Change in

New Listings

- 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

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

184149

207

139

New Listings Closed Sales

August 2015 2016

591

455

619

415

New Listings Closed Sales

Jun through Aug 2015 2016

- 6.7%+ 12.5%- 8.8%+ 4.7%

2015 2016 + / – 2015 2016 + / –

New Listings 5,274 5,209 - 1.2% 1,692 1,659 - 2.0%

Closed Sales 3,945 4,201 + 6.5% 1,138 1,349 + 18.5%

Median Sales Price* $128,000 $130,000 + 1.6% $125,000 $129,000 + 3.2%

Average Sales Price* $156,272 $156,164 - 0.1% $148,612 $155,110 + 4.4%

Percent of Original List Price Received at Sale* 93.8% 95.5% + 1.9% 93.6% 95.0% + 1.5%

Absorption Rate 5.3 4.0 - 25.6%

Single-Family Detached Inventory 5,051 4,043 - 20.0%

Townhouse-Condo Inventory 648 500 - 22.8%

** 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 © 2016 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

Change inClosed Sales

Change in Median Sales Price

Local Market Update – August 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.

AugustJun through Aug

Marion County

- 2.0% + 18.5% + 3.2%Change in

New Listings

- 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

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

1,692

1,138

1,659

1,349

New Listings Closed Sales

August 2015 2016

5,274

3,945

5,209

4,201

New Listings Closed Sales

Jun through Aug 2015 2016

+ 18.5%- 2.0%+ 6.5%- 1.2%

2015 2016 + / – 2015 2016 + / –

New Listings 204 206 + 1.0% 67 70 + 4.5%

Closed Sales 147 157 + 6.8% 46 46 0.0%

Median Sales Price* $116,500 $119,000 + 2.1% $115,000 $120,000 + 4.3%

Average Sales Price* $125,358 $129,804 + 3.5% $125,225 $127,013 + 1.4%

Percent of Original List Price Received at Sale* 93.7% 93.6% - 0.0% 93.6% 94.4% + 0.9%

Absorption Rate 6.0 4.9 - 18.4%

Single-Family Detached Inventory 219 196 - 10.5%

Townhouse-Condo Inventory 4 5 + 25.0%

** 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 © 2016 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

Change inClosed Sales

Change in Median Sales Price

Local Market Update – August 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.

AugustJun through Aug

Montgomery County

+ 4.5% 0.0% + 4.3%Change in

New Listings

- 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

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

67

46

70

46

New Listings Closed Sales

August 2015 2016

204

147

206

157

New Listings Closed Sales

Jun through Aug 2015 2016

0.0%+ 4.5%+ 6.8%+ 1.0%

2015 2016 + / – 2015 2016 + / –

New Listings 428 411 - 4.0% 135 136 + 0.7%

Closed Sales 317 318 + 0.3% 103 124 + 20.4%

Median Sales Price* $145,000 $153,000 + 5.5% $140,500 $155,000 + 10.3%

Average Sales Price* $161,681 $175,241 + 8.4% $161,254 $174,562 + 8.3%

Percent of Original List Price Received at Sale* 94.4% 95.5% + 1.2% 93.7% 95.5% + 1.9%

Absorption Rate 6.3 4.7 - 25.9%

Single-Family Detached Inventory 494 392 - 20.6%

Townhouse-Condo Inventory 13 11 - 15.4%

** 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 © 2016 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

Change inClosed Sales

Change in Median Sales Price

Local Market Update – August 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.

AugustJun through Aug

Morgan County

+ 0.7% + 20.4% + 10.3%Change in

New Listings

- 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

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

135

103

136124

New Listings Closed Sales

August 2015 2016

428

317

411

318

New Listings Closed Sales

Jun through Aug 2015 2016

+ 20.4%+ 0.7%+ 0.3%- 4.0%

2015 2016 + / – 2015 2016 + / –

New Listings 182 191 + 4.9% 53 56 + 5.7%

Closed Sales 147 158 + 7.5% 49 61 + 24.5%

Median Sales Price* $119,950 $124,750 + 4.0% $139,950 $138,000 - 1.4%

Average Sales Price* $131,923 $143,253 + 8.6% $153,762 $148,017 - 3.7%

Percent of Original List Price Received at Sale* 90.7% 94.1% + 3.8% 90.7% 94.5% + 4.2%

Absorption Rate 7.1 5.2 - 26.6%

Single-Family Detached Inventory 256 204 - 20.3%

Townhouse-Condo Inventory 6 9 + 50.0%

** 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 © 2016 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

Change inClosed Sales

Change in Median Sales Price

Local Market Update – August 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.

AugustJun through Aug

Putnam County

+ 5.7% + 24.5% - 1.4%Change in

New Listings

- 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

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

53 4956

61

New Listings Closed Sales

August 2015 2016

182147

191158

New Listings Closed Sales

Jun through Aug 2015 2016

+ 24.5%+ 5.7%+ 7.5%+ 4.9%

2015 2016 + / – 2015 2016 + / –

New Listings 213 195 - 8.5% 87 68 - 21.8%

Closed Sales 164 169 + 3.0% 37 65 + 75.7%

Median Sales Price* $112,000 $124,900 + 11.5% $120,200 $120,000 - 0.2%

Average Sales Price* $127,003 $132,446 + 4.3% $129,668 $131,305 + 1.3%

Percent of Original List Price Received at Sale* 91.2% 93.2% + 2.2% 90.2% 93.6% + 3.8%

Absorption Rate 6.1 5.0 - 18.5%

Single-Family Detached Inventory 260 209 - 19.6%

Townhouse-Condo Inventory 9 9 0.0%

** 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 © 2016 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

Change inClosed Sales

Change in Median Sales Price

Local Market Update – August 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.

AugustJun through Aug

Shelby County

- 21.8% + 75.7% - 0.2%Change in

New Listings

- 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

Change in Median Sales Price from Prior Year (6-Month Average)** b

a

87

37

68 65

New Listings Closed Sales

August 2015 2016

213

164195

169

New Listings Closed Sales

Jun through Aug 2015 2016

+ 75.7%- 21.8%+ 3.0%- 8.5%