October 16, 2021
Real Estate

No easing in central Indiana housing market – WISH-TV | Indianapolis News | Indiana Weather

by: Wes Mills, Inside INdiana Business

Posted: / Updated:

INDIANAPOLIS (Inside INdiana Business) — A monthly measurement of home sales, conducted by Indianapolis-based F.C. Tucker Co., shows the central Indiana housing market remains robust and more expensive. The real estate company says year-to-date prices have increased 12.5%.

The higher prices could be in response to smaller supply. Tucker says the number of available homes for sale dropped nearly 19% compared to September 2020. The company says decrease represents 683 fewer homes available for sale than in September 2020.

“Inventory continued to decline in most central Indiana counties, creating a fast-moving residential real estate market during the month of September,” said Jim…

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