F.C. Tucker Co. says average home sale prices in its nine-county central Indiana region rose more than four percent in October, compared to the same month last year. The real estate firm also reports that active listings and pended home sales declined in the same period.
The company says home prices averaged $187,637 in central Indiana last month, up more than $7,500 compared to October 2014. Year to date, the growth has been led by Madison County, which is reporting a 9.8 percent price increase. Hancock County’s average sale price has increased 8.4 percent, and Hendricks County is reporting a 7.1 percent gain.
F.C. Tucker says October pending home sales dipped 15.3 percent, and active listings declined by 7.6 percent, compared to October 2014.
President Jim Litten says Indiana’s job market and average salary pictures signal "a promising end to 2015."