Real Estate Market Holding Steady
The latest statistics from the Southern Indiana Realtors Association are hot off the presses. Here is the latest comparison of residential homes sold & closed from January 1 - October 31, 2006 vs. the same time period in 2007.
Residential Sold & Closed 3,053 3,074
Average Sales Price $140,216 $138,413
Median Sales Price $123,000 $124,295
A number of areas in the United States are suffering from terrible real estate markets. SOUTHERN INDIANA IS NOT! While we would prefer to have exlposive growth in the number of sales and sales prices, we are very thankful to have a real estate market with such stability. For months at Schuler Bauer, we have maintained the opinion, in spite of reports to the contrary, that it's still a great time to buy and sell Southern Indiana real estate. We too could buy in to the misconception that the market is down, however, the numbers do not lie. If it's all the same, we'll just stick by the facts.
COO, Schuler Bauer Real Estate Services