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Indianapolis Indiana Market Statistics | December 2009

By
Real Estate Broker/Owner with ICON Realty Partners, LLC - Indianapolis

An Indianapolis Market Report was recently released by the Indiana Association of Realtors about homes sales in December 2009.  The report stated that home sales increased 4.1% across the state of Indiana and that medial home prices increased 20.9%.  The IAR gathered data from 23 different MLS's and the BLC.

In Indiananpolis, the report states that 775 sold in December 2009 vs. 700 in December 2008 for a decrease of 9.7%.  In Hamilton County, 271 sold in December 2009 vs 289 in December 2008 for a decrease of 6.2%.

I found the year to date numbers to me a lot more meaningful.

For example, in 2009, 9881 homes were sold in Marion County.  That is 9.1% fewer than the 10,871 units that moved in 2008.  In Hamilton County, sales were down 7.11% from 4,347 in December 2009 to 4,011 in December 2008.

For additional statistical information, feel free to check out our stats page located here:  Indianapolis Market States Live