Southeastern Indiana Homes Sales for 2013 Highest Since 2006

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Great news for homeowners in Southeastern Indiana. Home sales for 2013 were the highest since 2006. Here are the details:

2013 versus 2012

  • 10.5% Increase in home sales (1,042 homes vs 943 homes)
  • 12.5% Increase in sales volume ($133.1 million vs $120.6 million)
  • 1.6% Increase in median sale price ($122,000 vs $120,000)
  • Average sale price had a slight decrease ($127,742 vs $127,880)

The 2013 sales unit volume was the highest for the Southeastern Indiana Board of Realtors since 2006 and was the third highest in the board’s history. This is the fourth consecutive year for median price appreciation in Southeastern Indiana.

December 2013 versus December 2012

  • 6.5% Increase in home sales (98 homes vs 92 homes)
  • 12.6% Increase in sales volume ($12.099 million vs $10.745 million)
  • 9.9% Decrease in median sale price ($109,801 vs $122,000)
  • 5.7% Increase in average sale price ($122,464 vs $116,801)

Sibcy Cline’s Home Sale Statistics – 2013 vs 2012

  • 36.6% Increase in home sales
  • $180,794 Average sale price
  • $175,450 Average median price

Sibcy Cline’s Southeastern Indiana agents sold homes for $53,000 more than the average sale price of the Southeastern Indiana Board of Realtors with an average median sale price $65,640 higher than the board’s.

Statistics source: Rick McMillin, Vice President/Sales Manager of the Sibcy Cline Harrison office and the Southeastern Indian Board of Realtors Home Sold Report, January 3, 2014.

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