Southeastern Indiana Home Sales Rise 5 Percent in May


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.

Look at homes for sale here.

Statistics courtesy of Rick McMillin, Vice President/Sales Manager of Sibcy Cline Harrison and the SEIABR Home Sales Report, June 1, 2015.

 

 

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