Home sales soared in October for Southeastern Indiana with a 30.1 percent increase. Here are the statistics:

October 2015 vs October 2014

• 30.1/% Increase in homes sold (121 homes vs 93 homes)
• 38.9% Increase in sales volume
• 6.8% Increase in average sale price ($148,055 vs $138,672)
• 4.7% Increase in median sale price ($135,000 vs $129,000)

January – October 2015 vs January – October 2014

• 13.7/% Increase in homes sold (1,006 homes vs 885 homes)
• 20.3% Increase in sales volume
• 5.8% Increase in average sale price ($145,331 vs $137,358)
• 2.8% Increase in median sale price ($130,000 vs $126,500)

It’s a great time to sell and  buy a new home! Home values are rising. Mortgage interest rates are low. See homes for sale here.

Statistics courtesy of: Rick McMillin, VP/Sales Manager of Sibcy Cline Harrison and the SEIBR Home Sales Report, November 5, 2015