Hamilton County Housing Numbers Inch Up in June

Some bright news for the Hamilton County real estate market: June numbers show that closed sales, median sales price and average sales price all inched up from a year ago.  On the not-so-bright side, the percent of original list price received at closing fell slightly.

Hamilton County was the only market of the 13 counties that comprise the Metropolitan Indianapolis Board of REALTORS® to show gains in all three categories of closed sales, median sales price, and average sales price.

Good news for the Central Indiana housing market in general is that according to MIBOR, bank-owned homes are selling more quickly than they are entering the market. In the second quarter of 2011, forclosures accounted for 10 percent of all new listings. That's down 12.1 percent from a year ago.

See the chart below for all the stats!

June 2011 Hamilton County Real Estate Update