The 2010 Housing market is off to a great start, with the extension of the $8,000 1st Time Home Buyer Tax Credit and the expansion of the $6,500 Repeat Home Buyer Tax Credit, buyers and seller’s are out in full force. Where we used to see the Spring market start in mid-February and add new listings, we are already seeing many homeowner’s list their homes so that they too can take advantage of the tax credit. Don’t wait, it is a great time to list!
The Indiana Association of Realtors has released the year end housing market statistics:
December 2009 Statistics:
Marion County
Units Sold December 2008: 775
Units Sold December 2009: 700 Down 9.7%
Median Sales Price December 2008: $69,900
Median Sales Price December 2009: $78,000 Up 11.6%
Hamilton County
Units Sold December 2008: 289
Units Sold December 2009: 271 Down 6.2%
Median Sales Price December 2008: $197,500
Median Sales Price December 2009: $190,870 Down 3.4%
4th Quarter 2009 Statistics:
Marion County
Units Sold 4th Quarter 2008: 2,262
Units Sold 4th Quarter 2009: 2,515 Up 11.2%
Median Sales Price 4th Quarter 2008: $75,000
Median Sales Price December 2009: $91,900 Up 22.5%
Hamilton County
Units Sold 4th Quarter 2008: 812
Units Sold 4th Quarter 2009: 990 Up 21.9%
Median Sales Price4th Quarter 2008: $198,000
Median Sales Price 4th Quarter 2009: $187,500 Down 5.3%
YTD 2009 Statistics:
Marion County
Units Sold YTD 2008: 10,871
Units Sold YTD 2009: 9,881 Down 9.1%
Median Sales Price YTD 2008: $87,000
Median Sales Price December 2009: $89,000 Up 2.3%
Hamilton County
Units Sold YTD 2008 :4,347
Units Sold YTD 2009: 4,011 Down 7.7%
Median Sales PriceYTD 2008: $201,900
Median Sales Price YTD 2009: $185,307 Down 8.2%
If you are looking to buy or sale, call the realtor that WORKS for you! I incorporate by market experience and the latest technology to make your home buying/selling experience the best it can be!
Kim Carpenter “Kimsellsindy.com” – Geist/Indianapolis Real Estate Agent
Keller Williams Realty Indy Metro NE
Geist/Indianapolis IN Real Estate Website
sold@kimsellsindy.com
317-509-4000