More expensive home sales up

Real Estate Agent with Carpenter Northeast RB14042320

Updated: Mar 15, 2010 11:17 AM EDT


Indianapolis - Sales of more expensive homes are on the rise in Indianapolis.

The report for February on the Indianapolis area housing market shows sales of homes priced from a quarter of a million to half a million dollars increased 10 percent.

Sales of luxury homes from half a million to millions of dollars surged 50 percent. However, sales of homes from $75,000 to $150,000 were down four percent.

Homes priced less than $75,000 were also down in sales by 13 percent.






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