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Home prices up; sales down

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Homes prices are up compared with a year ago, but the number of homes that sold decreased locally and across central Indiana.

The average sales price in Johnson County increased 14 percent since March 2013 to $153,815, which was the biggest increase among any county in central Indiana, according to statistics from F.C. Tucker Co.

Home sale prices throughout central Indiana were up 6 percent compared with last year and have risen significantly in recent years. The average price in central Indiana was just below $140,000 in 2010, 2011 and 2012 but now averages about $161,000, according to F.C. Tucker.

But the total number of sales was down almost 20 percent in the region compared with last year. In Johnson County, 179 homes sold in March, compared with 240 in March 2013.

Johnson County is the only county in central Indiana that has more houses for sale than a year ago.

A total of 874 houses were listed in the county, an increase of about 14 percent from 2013.

Harsh winter weather kept people from shopping for homes, but sales should increase as the temperature rises, F.C. Tucker President Jim Litten said in a news release.

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