House Sales Holding Strong

MIBOR just released sales figures for the month of October, showing that house sales in central Indiana are holding strong.  2844 houses sold during the month, up 6% from a year ago.  New listings were down 5%, with the combination pushing the median average price to $153,000 (or 8% more than a year ago).  The Realtor association commented, “As older Americans start to retire and downsize, single family listings will rise, giving us that inventory boost that has been Klong awaited.”  I gotta’ admit, I wouldn’t mind seeing a few more properties on the menu!

Looking to buy or sell in this market, ask me how to make the best deal!  ‘Nuff said!!

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