REALTORS®: 2012 A STRONG TURNAROUND YEAR FOR INDIANA HOUSING MARKETS
Statewide, market activity and home prices better each month of 2012 than the year before

(INDIANAPOLIS, IN) – The monthly Indiana Real Estate Markets Report today released by the state’s REALTORS® also provides year-end data which shows that 2012 was a strong turnaround year for Indiana housing markets.

Statewide, there were 8,531 more homes sold in 2012 than in 2011 – a 14.7 percent increase year-over-year. The median price of all 66,516 homes sold in Indiana last year was $118,000, which is 4.5 percent more than the median price of all homes sold in 2011 ($112,900). The average price of all homes sold last year was $140,043, which is a 3.6 percent increase over 2011 ($135,183).

“Housing markets in Indiana have decidedly turned the corner away from the worst of the recession,” said Karl Berron, Chief Executive Officer of the…