Home sales down in November

Home sales fell last month in Johnson County and around much of central Indiana.

Last month, 157 homes were sold in Johnson County, a decrease of 10 percent from the same time last year.

Across central Indiana, home sales fell nearly 10 percent, according to data from Indianapolis real estate company F.C. Tucker Co. Only two counties — Shelby and Madison counties — had an increase in sales.

But both Johnson County and central Indiana were set to finish the year with more sales than in 2014. Homes sales in Johnson County were up 6 percent, compared with the year before. Across central Indiana, sales were up nearly 7 percent, the report said.

The price homes are selling for was up last month.

In Johnson County, the average price last month was $175,172, an increase of nearly 6 percent from the same time last year.

Across central Indiana, the average sales price was $184,648, an increase of nearly 4 percent from November 2014.

“Five years ago at this time, central Indiana’s pending home sales were down more than 10 percent for the year, and the average home sale price was $150,130,” Jim Litten, president of F.C. Tucker Co., said in a release.

“Now, we’re closing in on 30,000 homes sold year to date, instead of the approximately 20,000 homes in 2010, and prices are nearly $35,000 higher. It’s great to see the housing market continue to build momentum year after year.”

By the numbers

Here is a look at home sales in central Indiana last month:

Johnson County

November 2015: 157

November 2014: 175

Decrease: 10 percent

Boone County

November 2015: 55

November 2014: 81

Decrease: 32 percent

Hamilton County

November 2015: 361

November 2014: 407

Decrease: 11 percent

Hancock County

November 2015: 71

November 2014: 93

Decrease: 24 percent

Hendricks County

November 2015: 162

November 2014: 163

Decrease: less than 1 percent

Marion County

November 2015: 770

November 2014: 866

Decrease: 11 percent

Morgan County

November 2015: 68

November 2014: 69

Decrease: 1 percent

Shelby County

November 2015: 34

November 2014: 25

Increase: 36 percent

SOURCE: F.C. Tucker Co.

Annie Goeller is managing editor of the Daily Journal. She can be reached at agoeller@dailyjournal.net or 317-736-2718.