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Sales for 2006 Fall Slightly from 2005: Sale Price Remained Steady

By
Real Estate Agent with Community Association Manager

miborM.I.B.O.R. (Metro Indinapolis Board of REALTORS®) reported today that the statistics for November were similiar to previous months in that there was a dip in units sold and a steady slow increase in average sales price.  Year-to-date numbers are 29,789 properties have sold compared to 30,116 a year ago; a 1.1 percent decrease. Average ales price for the year is $154,782 compared to $153,910 in 2005.  This is encouraging news and differs from what other medias have been reporting. 

Average ales price for the year is $154,782 compared to $153,910 in 2005.  If you would like to learn more about the Greater Indianapolis Area, please visit my website, http://cyndisloop4indyhomes.com/.