Lebanon Reporter

Local News

September 7, 2009

Home sale numbers encouraging for county

Boone County — The Metropolitan Indianapolis Board of Realtors released its latest housing data for central Indiana Tuesday, and in the three-month period ending July 31, Boone County was one of only four counties to report a positive trend in properties sold; a 4 percent increase from the same period in 2008.

Montgomery County was the only county to have a higher percentage of properties sold over the three-month period, with 5 percent, but the average sale price of a home in Montgomery is $95,679, compared to $222,462 for Boone.

Even more telling, Boone was also the only county to hold steady over the sixth-month period ending July 31. Every other county saw significant decreases in home sales from a year ago, including nearby Hamilton County, which saw a 12 percent decrease, Marion County (15 percent) and Hendricks County (6 percent).

See Tuesday's Lebanon Reporter for the complete story.

Text Only
Home sale numbers encouraging for county
by By Nick McLain/For The Lebanon Reporter , , Mon Sep 07, 2009, 09:27 PM EDT
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