Originally Posted at My Fishers Blog
Sometimes it is easy to get caught up in the negative National housing news…but the Hamilton County housing report is good news!
The June report shows 482 homes sold; or a 4.6% increase over June of 2010. This is important because June of 2010 was a big month as all of the first time buyers scurried to be sure they closed by the 6/30/10 deadline. So June of 2010 was a big number and we beat it in 2011!
The median sale price also from $207,500 to $215,500 or a 3.9% increase comparing June to June. Even for the YTD the number was up 1.3% from a year ago.
There continues to be a high amount of inventory available for sale with 800 homes entering the market in June compared with 851 homes a year ago. Typically within those 800 newly listed homes each month…20% are under $150,000.
Be sure to check back next week when the Fishers Market Report will be released; I suspect it will have very good news!