Average Sale Price Rises in October 2014 for Southeastern Indiana

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Although October 2014 home sales units remained almost the same as last year with 93 homes sold (versus 90 in 2013), the average sale price rose 3%.

October 2014 vs October 2013

  • 3.3% Increase in home sale units (93 homes vs 90 homes)
  • 3% Increase in average sale price ($130,672 vs $126,809)
  • -1.2% Decrease in median sale price ($120,000 vs $121,450)
  • 12.3% Increase in gross sales dollar volume

January-October 2014 vs January-October 2013

  • 3.3% Increase in home sale units (93 homes vs 90 homes)
  • 7.6% Increase in average sale price ($137,316 vs $127,652)
  • 1.36% Increase in median sale price ($126,700 vs $125,000)
  • 11% Increase in gross sales dollar volume

Sibcy Cline’s Sales -October 2014

  • $216,460 – Average sale price ($85,788 above the board average)
  • $207,500 median sale price ($87,000 above the board average)

Statistics: Southeastern Indiana MLS Home Sold Report – 11/10/2014

 

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