Market Report

 
boone county march 2019 for sale sold pended - jessica morrison.png


February 2019 is a Neutral Market
*

Home For Sale in February 2019: 211 units

• Up 6% compared to last month
• Down 11.3% compared to last year

Home Closed in February 2019: 64 units

• Up 20.8% compared to last month
• 0% compared to last year


Home Placed under Contract in February 2019: 86 units

• Up 8.9% compared to last month
• Down 16.5% 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


boone county march 2019 average sold price per square foot - jessica morrison.png

February 2019 Average Sold Price per Square Footage is Depreciating*

Average Sold Price per Square Footage in February 2019 :$102 

• Down 4.7% compared to last month
• Up 1% compared to last year

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


 
boone county march 2019 average days on market sale price original list price - jessica morrison.png

February 2019 Average Days on Market Trend is Rising*

Average Days on Market in February 2019: 73 
Up 9% compared to last month
Down 3.9% compared to last year

February 2019 Sold/Original List Price Ratio is Falling
*

Sold/Original List Price % in February 2019: 94% 
• 0% compared to last month
• Down 1.1% compared to last year


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


 
boone county march 2019 average price for sale sold - jessica morrison.png

February 2019 Average For Sale Price is Appreciating*

Average For Sale Price in February 2019:  $653,000 

• Up 30.1% compared to last month
• Up 35.8% compared to last year

February 2019 Average For Sale Price is Depreciating*

Average Sold Price in February 2019: $303,000

• Down 7.3% compared to last month
• Down 1.3% compared to last year

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

 

boone county march 2019 months of inventory based on closed sales - jessica morrison.png

February 2019 is a Neutral Market*

Months of Inventory based on Closed Sales in February 2019:
  3.3 

• Down 13.3% compared to last month
• Down 10.8% 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 February 2019, based on data available at the end of January 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.