(Lawrenceburg, Ind.) - New home sales numbers are out for southeast Indiana, with local home sellers showing slightly more success in January.
Dearborn County saw 26 homes sold last month, a slight improvement over January 2010 when there were 25. The county’s median sales price was $107,700 last month, down about 12 percent from $122,250.
Ripley County had eight homes sold at a median price of more than $123,000. Both figures were increases from two and $80,000 in the same month a year ago.
Ohio County was on par with January 2010 last month with three sales at a median of $78,900, off only 3.8 percent.
Switzerland County homebuyers snagged three homes at $51,500 compared to zero sales in January 2010.
January was a lean month for anybody trying to sell a home in Franklin County, where only one home sold. That sale was for $0 according to the IAR.
The IAR says the improving numbers are even more encouraging because unlike January 2010, this past month did not include a federal homebuyer tax credit.
“Realtors have advised consumers for months now to review housing data in the long-term until the impact of the tax credit recedes. We maintain that position. A month of good news is not the sole reason for our optimism. Rather, it is what we’re seeing over several months and years that has us most hopeful,” said Karl Berron, CEO of the Indiana Association of Realtors.