Fewer homes are being sold in Johnson County, but the ones for sale are fetching higher prices.
The average home sales price in Johnson County was nearly $204,000 in 2017 through August, a jump of nearly 10 percent from the average sale price of $186,000 through the same period last year.
But the number of homes sold in the county has dropped by 6 percent during that same time, according to data from F.C. Tucker Co., an Indianapolis area real estate firm. In the month of August, home sales were down 14 percent, compared to August 2016.
In central Indiana, home sales were up about 3 percent for the year and the month of August.
The average sales price has risen by nearly 7 percent to just under $200,000, with the majority of homes selling priced between $100,000 and $200,000, according to a news release from the real estate company. The most expensive homes in the region were those in Hamilton County, which sold for an average of $303,000.
With fewer homes available, ones on the market stayed there for a shorter time. Johnson County tied Hendricks County for being the fastest selling market in Indiana, with homes spending an average of 56 days on the market, the news release said.
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Here is a look at home sales in August:
County;August 2016;August 2017;Change
Boone;107;108;1%
Hamilton;503;563;12%
Hancock;115;128;11%
Hendricks;229;257;1%
Johnson;233;200;-14%
Marion;1190;1233;4%
Morgan;104;93;-10.6%
Shelby;46;49;7%
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