Southeastern Indiana Home Sales Increase by 23 Percent in May

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Home sales volume increased by 23% in May for Southeastern Indiana. Here is a breakdown of sales for the month for this region:

May 2014 versus May 2013

  • 23% Increase in gross sales volume ($14.3 million vs $11.4 million)
  • 15% Increase in home sales units (99 homes vs 86 homes)
  • 4.2% Increase in average sale price ($145,278 vs $139,813)
  • 9.1% Increase in median sale price ($140,000 vs $127,200)

Year To Date Sales: January – May 2014 versus January – May 2013

  • 2.0% Increase in gross sales volume
  • 6% Decrease in home sales units (381 homes vs 404 homes)
  • 8.21% Increase in average sale price ($135,934 vs $125,620)
  • 5.0% Increase in median sale price ($119,000 vs $113,500)

Sibcy Cline Sales: May 2014 versus May 2013

  • $220,625 average sale price ($80,000 above the board average)
  • $211,000 median sale price ($71,000 above the board average)

Sibcy Cline Sales: Year To Date Sales: January – May 2014 versus January – May 2013

  • $208,220 average sale price ($72,000 above the board average)
  • $167,000 median sale price ($48,000 above the board average)

 

Data: Southeastern Indiana Board of Realtors Home Sold Report, 6/4/14

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