Home prices up in Central Indiana 8.2 percent over 2009 According to the F.C. Tucker Company Marketwatch report released Jan. 14, home prices in all nine Central Indiana counties are higher in December 2010 than they were in 2009; it's the sixth straight month that Central Indiana has seen gains in average sales price.
However, home sales were down about 1.54 percent in December 2010 compared to 2009.
“While home sales were not where we wanted them to be in 2010, we still saw significant positive movement in the market,” said Jim Litten, president of F.C. Tucker Company. “With historically low mortgage rates, a healthy supply of competitively priced homes and a slow, but steadily improving economy, I’m confident the market will only improve over the next few years.”