Indianapolis Homes For Sale - Early 2012 Market Report

Indianapolis homes

Anyone looking for Indianapolis homes for sale, or selling a home in Indianapolis,  should know that according to the latest MIBOR report, 2012 started with a bang for central indiana housing. Here are the highlights: 


  • The Closed and Pending Sales activity continued to increase in double digit fashion in February.
  • Pending Sales were up 16.0 percent in the three-month view and up 19.7 percent in February alone.
  • Months Supply of Inventory was down 13.8 percent to 7.7 months in January.
  • Closed Sales were equally strong with Units Sold up 17.6 percent for the quarter ending in February and 22.1 percent in February alone.
  • Home prices continue a steady note. The Median Sales Price increased 1.2 percent to $117,500 in February and 2.2 percent for the three months ending in February. Average Sales Price was up slightly for both the quarter and the month.
  • Consumer confidence is as high as it has been in a year, and the Federal Reserve reported growth in all of its 12 banking districts in 2012 through the first half of 
  • February, including more hiring and home sales. That confidence may be evidenced by the increase in New Listings locally. In February, New Listings increased by 13.1 percent.
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The Beacon Group of Keller Williams believes that home ownership is a positive force for social good. And there's nothing like having a home of your own.

Call or text us today. Let's go househunting!  (812) 361-8302.

Comments (2)

The Indy Beacon Group of Keller Williams Indianapolis Real Estate
Indianapolis, IN

Thanks, Melissa! It is already so incredibly warm! Everything is in bloom, a full month early. I'm hoping that spring fever will hit early and buyers will begin the quest for a new nest! Have a great weekend!

Mar 30, 2012 06:58 AM
Melissa Zavala
Broadpoint Properties - Escondido, CA
Broker, Escondido Real Estate, San Diego County

NIce market report for Indianapolis. I'm going to assume that as it gets warmer later in the year, there will be more home sales. But... maybe I'm wrong.

Mar 30, 2012 07:01 AM