“In June we saw an increase in month-over-month active listings, however with only 2,018 listings on the market at month-end, and median days-on-market at an all-time low of 14, the central Indiana real estate market remains tight,” said Shelley Specchio, MIBOR CEO. “Increased closed and pending sales are an indication that demand is high…”

Quick Hits:

• Median sales price increased 14.2 percent to $250,000
• Average days on market decreased 60.0 percent to 14
• Current active listings decreased 37.7 percent to 2,018

READ MORE courtesy of MIBOR

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