Monday, December 21, 2009

Housing Statistics Continue Upward Trend

Double-digit increases dominated the market in November, according to statistics released today by the Metropolitan Indianapolis Board of REALTORS®.

Both units sold and pended increased by 16 percent during the September to November 2009 period, when compared to the same period in 2008. Units sold and units pended also increased 6 and 9 percent, respectively, during the six-month period ending in November.

Total sales volume, average sale price and median sale price also increased during the three-month period. Total sales volume increased 19 percent to $950 million, while average and median sale price increased 2 and 4 percent, respectively.

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