Home Sales Rise Again in May

Posted: Updated:
INDIANAPOLIS -

F.C. Tucker Co. says pended home sales in central Indiana increased 6.2 percent in May. Nearly 3,400 homes were sold in the 15-county region, up from about 3,200 during the same month the previous year. 

Of the 15 counties tracked by F.C. Tucker, eight saw an increase in home sales last month with Shelby and Decatur counties seeing the largest jumps at 29.5 and 20 percent, respectively. The company says the average year-to-date home price for the region increased to $192,206, a 6.6 percent increase over the same month in 2016.

"Although we’d like to see more homes for sale to balance out the market, buyers with their financing in order can still find plenty of opportunities to make a move," said Jim Litten, chief executive officer of F.C. Tucker. "And Indiana real estate consistently remains a good value."

F.C. Tucker says the number of active listings dropped 21 percent in May to 8,047. Putnam and Shelby counties saw the biggest drops in active listings at 31.7 and 30.4 percent, respectively, while Jennings County was once again the only one to see an uptick in active listings at 2.1 percent.

  • Perspectives

    • (photo courtesy of Conexus)

      Getting the Word Out About Manufacturing & Logistics

      As the epicenter of the nation’s advanced manufacturing and logistics industries, Indiana has a compelling story to tell about how Hoosier companies make and move the goods people depend on every day. Our goal is to ensure everyone hears these stories – many of which share a common theme focused on cutting-edge technologies that are transforming the way products are made and moved around the world and the people who use them. Conexus Indiana launched an...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • (photo courtesy of The Times of Northwest Indiana)

      Historic Hospital to be Torn Down in Gary

      A building that once represented the racial divide in the city of Gary, but long provided health care to the African American community, will soon fall to a wrecking ball. The city says it intends to raze the long-abandoned St. John’s Hospital. 

    • Photo courtesy of Indianapolis Motor Speedway

      Red Bull to Discontinue Air Race World Championship

      The Red Bull Air Race at the Indianapolis Motor Speedway, originally scheduled for October, has been canceled as a result of Red Bull's decision to discontinue the Air Race World Championship following the 2019 season. The company says the races scheduled between June and September in Russia, Hungary and Japan will run as planned. 

    • On-Air

      Find out when and where you can watch and listen to our reports.

    • The Honda Greensburg plant opened in 2008.

      Honda to Invest $4M, Add Jobs at Greensburg Plant

      The American Honda Motor Co. continues to invest in its Greensburg, Indiana plant as it has announced the factory will be producing the company’s first electrified sport utility vehicle in the U.S. The company says it will invest more than $4 million and add 34 new jobs in the plant to support production of the CR-V Hybrid.  

    • Eleven Fifty was previously headquartered at Launch Fishers.

      Eleven Fifty to Cut Ribbon on New Location

      Eleven Fifty Academy will cut the ribbon on its new downtown location September 23. The nonprofit coding academy says it will host a grand opening ceremony November 6.