I
ndiana's real estate market showed a modest increase in September, according to recent data. Home sales statewide rose by one percent compared to last year, totaling 6,705 transactions. This slight gain was largely driven by new pending sales, which surged six percent.
The Indiana Association of Realtors attributes the uptick to lower mortgage rates and an expanding inventory of homes for sale, drawing in fresh buyers. The South Bend metro area also experienced a notable increase, with 300 closings in September - a 19 percent rise from last year's numbers.
Notably, September saw the highest average daily listings since January 2020, indicating a growing supply of available properties on the market.
realestate
Indiana Real Estate Market Data for September Revealed
Statewide home sales rose one percent in September, totaling 6,705 transactions.
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realestate
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Potential for Development in Far North Side with Broadway Upzoning
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Murano at Portofino Condo Owners Approve $60M Special Assessment Phase Two
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