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Indiana Real Estate in July: Sales Down 7% YoY, Inventory Down 25% YoY

by Calculated Risk on 8/21/2021 04:50:00 PM

Note: I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.

Here is a summary post for many markets: Existing Home Inventory in July: Local Markets

For for the entire state Indiana:

Closed sales in July 2021 were 9,585, down 6.5% from 10,256 in July 2020.

Active Listings in July 2021 were 8,874, down 24.6% from 11,762 in July 2020.

Months of Supply was 1.1 Months in July 2021, compared to 1.6 Months in July 2020.

Inventory in July was up 14.6% from last month, and up 50.5% from the all time low in March 2021.

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