Column: Home sales up 8 percent
F.C. Tucker Company reported more than 16,000 pended home sales in the first half of the year, resulting in a year-to-date increase of 8.8 percent compared to this time last year. Year-to-date sales prices also increased nearly 5 percent. The average year-to-date sales price for a home in the nine-county area was $182,627.
June 2015 pended home sales, however, slipped 4.8 percent compared to June 2014. F.C. Tucker reported 2,806 homes sold, a modest decline of 143 homes. Hamilton County is among the areas where sales slipped while prices trended up.
- In Hamilton County, 595 homes pended in June 2015, a decrease of 15.2 percent, while the average sale price climbed to $275,801, an increase of 3.5 percent.
- Specifically in Carmel, the average sale price in June 2015 rose 2.7 percent to $350,853, an uptick of $9,180 over June 2014.
- Of the pended home sales in Carmel last month, 24 were priced $500,000 to $999,999; 55 were priced $300,000 to $499,999; 36 were priced $200,000 to $299,999; 28 were priced $100,000 to $199,999 and four were priced at $99,999 or less.
- Inventory in Carmel is stable. Last month, 614 homes were for sale, an increase of six homes compared to June 2014.
- Pended home sales in Carmel have declined. In June 2015, 147 homes pended, a decrease of 38 homes compared to June 2014.
- Homes are selling at a steady pace in Carmel. On average, homes sold in 72 days during the first six months of this year, one day slower than the same time period last year.
Though conditions tilt toward a seller’s market, there are still great opportunities for buyers to find an array of houses at various price points.