Market Report

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


July 2019 is a Sellers Market
*

Home For Sale in July 2019: 271 units

• Up 1.9% compared to last month
• Down 5.2% compared to last year

Home Closed in July 2019: 127 units

• Down 23.5% compared to last month
• Up 1.6% compared to last year

Home Placed under Contract in July 2019: 125 units

• Down 5.3% compared to last month
• Up 14.7% 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

July 2019 Average Sold Price per Square Footage is Appreciating*

Average Sold Price per Square Footage in July 2019: $110

• Up 1.9% compared to last month
• Up 5.8% 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

July 2019 Average Days on Market Trend Remains Steady*

Average Days on Market in July 2019: 35

• Up 6.1% compared to last month
• Up 2.9% compared to last year

July 2019 Sold/Original List Price Ratio is Rising*

Sold/Original List Price % in July 2019: 97%
• 0% compared to last month
• 0% 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

July 2019 Average For Sale Price is Appreciating*

Average For Sale Price in July 2019: $708,000

• Up 1.4% compared to last month
• Up 24.6% compared to last year

July 2019 Average Sold Price is Neutral*

Average Sold Price in July 2019: $333,000

• Down 7.5% compared to last month
• Up 6.1% 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

July 2019 is a Seller’s Market*

Months of Inventory based on Closed Sales in July 2019: 2.1

• Up 31.2% compared to last month
• Down 8.7% 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 August 2019, based on data available at the end of July 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.