Metro-area home sales dip in June

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Home-sale agreements in the nine-county Indianapolis area dipped 1.4 percent in June compared to the same month a year
ago, according to a report released today by F.C. Tucker Co.

Pending home sales fell from 2,330 in June 2008 to
2,298 in June 2009, the Indianapolis-based real estate company said.

Year-to-date, the decline is steeper, with
pending sales falling 10.6 percent over the first six months of 2008.

The average sale price fell 6.9 percent,
from $145,424 in June 2008 to $135,408 this June. Every county saw prices decline.

June home-sale agreements fell
in seven of the area’s nine counties. They rose 14.9 percent in Johnson County, from 174 to 200, and increased 4.9 percent
in Marion County, from 1,072 to 1,124.

The 20-percent drop in Hancock County was the largest decrease in the area,
as sales contracts fell from 85 to 68. Hamilton and Hendricks counties also registered double-digit drops.
 

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In