on Dec 26th, 2009Data shows good news for Indianapolis housing market!
In what appears to be some welcome good news for the Indianapolis housing market, units sold and units pended (both increased by 16 percent in the three months ending in November 2009 compared to the same time period for 2008, according to data released by the Metropolitan Indianapolis Board of REALTOR®s. Average sales price and median sales price also both showed an increase compared to 2008.
3 month period ending November 30
2008 2009 Percent change
Units Sold 5845 6807 16%
Units pended 5388 6241 16%
New listings 10,829 10,317 -5%
Average sales price $136,640 $139,652 2%
Median sales price $112,000 $116,000 4%