Author: Jim Litten

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Column: Active listings down 19 percent

Across central Indiana, low inventory remains a large factor in the real estate market. Compared to last year at this time, active listings have declined almost 19 percent. Fortunately, this has not deterred buyers...

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Home inventory down 14.2 percent

April was the 52nd consecutive month of increasing year-to-date home sale prices, growing an average 1.9 percent in central Indiana. While prices grew, home inventory stayed tight, as available homes were down 14.2 percent...

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Column: Selling prices up 2.7 percent

March revealed it’s a sellers’ market in central Indiana residential real estate. The amount of available listings decreased 13.5 percent compared to this time last year, and this has helped raise the average selling...

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Column: Homes sales down 3.5 percent

Pended home sales are gaining momentum in Central Indiana. Although February 2016’s data shows pended sales were down 3.5 percent compared to this time last year, January 2016 sales had been down 9.5 percent....

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Column: Home sales up 2.1 percent

Home sellers have benefitted from the continued rise in home sale prices as the number of available homes steadily declines in the nine-county central Indiana region. The average sale price rose 2.1 percent in...

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Column: Home sales up 8 percent

The year finished on a high note, with 2015 showing an 8 percent increase in pended home sales over 2014 in the nine-county central Indiana region. It was a strong year for sellers, as...

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Column: Home sales up 6.9 percent

F.C. Tucker Company reports central Indiana home sales are up 6.9 percent year to date, compared to the same time period last year. On a monthly basis, November’s pended home sales in the nine-county...

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Column: Sales remain a balancing act

Central Indiana’s real estate market remains a balancing act between available inventory and sale prices. Sale prices rose 4.3 percent last month compared to October 2014, while active listings declined 7.6 percent. In addition,...

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Column: Homes sales up since last year

September saw fewer listings and pended home sales, but year-to-date, the market is performing better than 2014. In the nine-county central Indiana region, Tucker’s data revealed a 6.8 percent decline in home sales last...