Homes are selling at a higher rate in Johnson County than in other central Indiana counties.
Across central Indiana, home sales were down last month by 4.5 percent, compared with July 2014. Both Hamilton and Hendricks counties had decreases of more than 15 percent in home sales.
But in Johnson County, sales ticked up slightly, according to a report from Indianapolis-based F.C. Tucker Co.
And home sales for the year are up about 5 percent, compared with the same period in 2014, the report said.
Sales prices have increased both locally and across central Indiana.
In Johnson County, the average sales price last month was $173,733, a nearly 6 percent increase from last year. Johnson County had the fourth-highest sales price in central Indiana, the report said.
Across central Indiana, the average price for a home was $185,529, a 5 percent increase from last year.
“We’re seeing the best July in the last five years in terms of sale prices, which have increased more than $34,000 on average,” Jim Litten, president of F.C. Tucker, said in the release. “Meanwhile, the number of available homes on the market is the lowest we’ve experienced in five years — all pointing to a more balanced, stable market that tends to benefit sellers.”
The number of homes for sale fell across central Indiana, but Johnson County had the second-biggest decreases at nearly 21 percent, compared with July 2014.
Across central Indiana, 11,233 homes were for sale last month, a 9 percent decrease from the same time last year, the report said.
[sc:pullout-title pullout-title=”By the numbers” ][sc:pullout-text-begin]
Here is a look at home sales in central Indiana last month:
Boone County
July 2015: 112
July 2014: 108
Increase: 4 percent
Hamilton County
July 2015: 554
July 2014: 658
Decrease: 16 percent
Hancock County
July 2015: 127
July 2014: 99
Increase: 28 percent
Hendricks County
July 2015: 225
July 2014: 276
Decrease: 18.5 percent
Johnson County
July 2015: 264
July 2014: 262
Increase: 1 percent
Marion County
July 2015: 1,072
July 2014: 1,060
Increase: 1 percent
Morgan County
July 2015: 77
July 2014: 91
Decrease: 15 percent
Shelby County
July 2015: 44
July 2014: 48
Decrease: 8
SOURCE: F.C. Tucker Co.
[sc:pullout-text-end]
