Market Report

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


March 2019 is a Sellers Market
*

Home For Sale in March 2019: 220 units

• Up 4.3% compared to last month
• Down 8.3% compared to last year


Home Closed in March 2019: 87 units

• Up 26.1% compared to last month
• Down 17.1% compared to last year


Home Placed under Contract in March 2019: 123 units

• Up 50% compared to last month
• Down 13.4% 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 - average price per sqft sold march 2019 - jessica morrison fc tucker.png

March 2019 Average Sold Price per Square Footage is Neutral*

Average Sold Price per Square Footage in March 2019:
 $113

• Up 8.7% compared to last month
• Up 10.8% compared to last year

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


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

March 2019 Average Days on Market Trend Remains Steady*

Average Days on Market in March 2019: 66 

• Down 7% compared to last month
• Down 12% compared to last year

March 2019 Sold/Original List Price Ratio is Falling*

Sold/Original List Price % in March 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 -  average price for sale sold march 2019 - jessica morrison fc tucker.png

March 2019 Average For Sale Price is Appreciating*

Average For Sale Price in March 2019: $671,000

• Up 2.8% compared to last month
• Up 23.1% compared to last year

March 2019 Average Sold Price is Neutral*

Average Sold Price in March 2019: $361,000

• Up 16.1% compared to last month
• Up 24.9% compared to last year


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

 

boone county - months of inventory closed sales march 2019 - jessica morrison fc tucker.png

March 2019 is a Seller’s Market*

Months of Inventory based on Closed Sales in March 2019: 2.5 
• Down 19.6% compared to last month
• Up 8.8% 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 April 2019, based on data available at the end of March 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.