Market Report

 
For Sale Sold Pended - Boone County Market Update - Jessica Morrison - FC Tucker Company.png

August 2019 is a Sellers Market*

Home For Sale in August 2019: 283 units

• Up 4.4% compared to last month
• Down 5.7% compared to last year


Home Closed in August 2019: 120 units

• Down 7.7% compared to last month
• Down 1.6% compared to last year


Home Placed under Contract in August 2019: 124 units

• Up 13.8% compared to last month
• Up 6% compared to last year


*Buyer's Market: more than 6 months of inventory based on closed sales
 Seller's Market: less than 3 months of inventory based on closed sales
 Neutral Market: 3 - 6 months of inventory based on closed sales


Average Price Per Square Foot Sold - Boone County Market Update - Jessica Morrison - FC Tucker Company.png

August 2019 Average Sold Price per Square Footage is Neutral*

Average Sold Price per Square Footage in August 2019: $108

• Down 2.7% compared to last month
• Up 2.9% compared to last year

*Based on 6 month trend - Appreciating/Depreciating/Neutral


 
Average Days on Market Sale Price vs Original List Price - Boone County Market Update - Jessica Morrison - FC Tucker Company.png

August 2019 Average Days on Market Trend is Falling*
Average Days on Market in August 2019: 33

• Down 2.9% compared to last month
• Down 21.4% compared to last year

August 2019 Sold/Original List Price Ratio Remains Steady*

Sold/Original List Price % in August 2019: 96%

• Down 1% compared to last month
• Up 2.1% compared to last year

*Based on 6 month trend - Rising/Falling/Remains Steady


 
Average Price For Sale & Sold - Boone County Market Update - Jessica Morrison - FC Tucker Company.png

August 2019 Average For Sale Price is Neutral*

Average For Sale Price in August 2019: $677,000

• Down 4.4% compared to last month
• Up 21.1% compared to last year

August 2019 Average For Sold Price is Depreciating*

Average Sold Price in August 2019: $320,000

• Down 3.3% compared to last month
• Down 9.9% compared to last year


*Based on 6 month trend - Appreciating/Depreciating/Neutral

 

Months of Inventory Based on Closed Sales - Boone County Market Update - Jessica Morrison - FC Tucker Company.png

August 2019 is a Seller’s Market*

Months of Inventory based on Closed Sales in August 2019: 2.4

• Up 14.4% compared to last month
• Down 4.1% compared to last year


*Buyer's market: more than 6 months of inventory based on closed sales
 Seller's market: less than 3 months of inventory based on closed sales
 Neutral market: 3 - 6 months of inventory based on closed sales



* All reports are published September 2019, based on data available at the end of August 2019, except for the today stats. This representation is based in whole or in part on data supplied by the Metropolitan Indianapolis Board of REALTORS(r) or its Multiple Listing Service. Neither the Board nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. This statistical information is produced by and for the exclusive use of the F.C. Tucker Company. Report reflects activity by all brokers participated in the MLS.