In May 2015, the number of homes sold in Southeastern Indiana rose by 5% as compared to May 2014. Here is a breakdown of the statistics:
May 2015 vs May 2014
- 5% Increase in unit home sales (105 vs 100)
- 16.6% Increase in average sale price ($166,807 vs $143,086)
- 7.9% Increase in median sale price ($150,000 vs $139,000)
- 22.4% Increase in sales volume
- May 2015 had 162 average days on the market (vs 140 days in 2014)
January – May 2015 vs January – May 2014
- 6.3% Increase in unit home sales (408 vs 384)
- 11% Increase in average sale price ($140,877 vs $126,927)
- 7.6% Increase in median sale price ($127,500 vs $1118,500)
- 17.9% Increase in sales volume
- January – May 2015 had 167 average days on the market (vs 166 days in 2014)
Sibcy Cline Sales January – May 2015 vs January – May 2014
- 0% Change in unit home sales (25 vs 25)
- 2.6% Increase in average sale price ($202,160 vs $216,500)
- 13.8% Increase in median sale price ($190,000 vs $167,000)
- 2.6% Increase in sales volume
- January – May 2015 had 149 average days on the market (vs 177 days in 2014)
As you can see from the above statistics, Sibcy Cline’s listed properties sold for a higher average and median sale price than homes listed by other brokers; and sold in fewer days on market! Sibcy Cline agents participated in approximately 9% of all transactions in Southeast Indiana in May 2015.
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Statistics courtesy of Rick McMillin, Vice President/Sales Manager of Sibcy Cline Harrison and the SEIABR Home Sales Report, June 1, 2015.