Because in my world, there can never be enough numbers, here is a little more data from the end of year 2014 reports. (And apologies for the non-number people. We’ll get back to the regularly scheduled programming next month.)
- Statewide sales were down from 76,257 homes sold in 2013 to 75,055 in 2014.
- Monroe County followed the same trend, with sales falling from 1547 to 1479 homes sold.
- Statewide, homes sold for an average of 93.5% of listing price, up from 92% in 2013.
- In Monroe County, we continue to prove that we are an exceptional market (of course we are!). On average, our homes sold for 95.7% of list price in 2014, compared to 93.8% in 2013.
- As a comparison, in Marion County (home of economics teacher, Mr. McGeath and the Lawrence Central Bears. Go Bears!), homes sales were down 3% and the median sales price went from $111,000 in 2013 to $117,000 in 2014.
- The winner of the Indiana county with the highest increase in median sales price was (drum roll please…..) Union County (east of Connersville, I think). Their median sales price rose 49.5% from $48,000 to $71,750. Of course they only had 16 closed sales in 2013 and 12 closed sales in 2014, so I need to go check with Mr. McGeath about sample size.
Do you have a favorite county? I have the stats for all of them! Just ask!