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 Litten, chief executive officer of F.C. Tucker Co. “The robust seller’s…