The Southeastern Indiana Board of Realtors has released its Local Market Update for June 2020.
Shutterstock photo.
(Lawrenceburg, Ind.) – Home sales are up in 2020 despite higher prices.
The latest data from the Southeastern Indiana Board of Realtors (SEIBR) shows that year to date closed sales have increased by 14.9 percent in Dearborn, Jefferson, Ohio, Ripley and Switzerland counties.
SEIBR reports that 563 homes were sold from the beginning of the year through June of 2020, up from 490 closed sales during the same time last year.
The median sales price for homes in the five southeastern Indiana counties is currently at $164,400, up from $159,000 at this point last year.
In June, SEIBR’s inventory of homes for sale stood at 172, down drastically from the 574 properties that were available in June of 2019.
Despite less homes being available, 114 homes were closed on last month, which was up 10.7 percent from last June.
SEIBR’s local market update for June of 2020 can be found here.
MMH Hosts Topping Out Ceremony
Ketchum Receives Indiana Superintendent of the Year Award
Senator Leising Files Bill Removing Excessive Requirements for Educator Literacy Endorsement
Ribbon-Cutting Held for Osgood Trails Expansion
Indiana DNR: ‘Opt outside’ over Thanksgiving Holiday
Fundraiser Underway for Local Vet Battling Lymphoma
