Realtors: SEI Home Sellers Are Almost Always Receiving Asking Price

Monday, July 1, 2019 at 10:27 AM

By Mike Perleberg @mikedup84

Southeastern Indiana home sellers are receiving the original list price 95 percent of the time.

(Lawrenceburg, Ind.) - Home sales in southeastern Indiana are down, but selling prices are up.

The Southeastern Indiana Realtors Association says for the first five months of 2019, 387 homes have been sold in Dearborn, Jennings, Ohio, Ripley and Switzerland counties. That’s 5.4 percent behind 2018’s January through May sales.

However, the median sales price of $155,000 is up 11.5 percent this year over last. The average sale price of $182,422 is a 16.1 percent increase.

Ninety-five percent of home sellers in the region are receiving the original listing price for their sales.

The current months supply of home inventory is 6.1 months, meaning that’s how long it would take to sell the 580 homes which were on the market in May. Six months inventory is generally considered a healthy housing market by economists.

Comments

Add a comment

Display Name *

Location *

Email Address *

Comment *

Rating *

I have read and agreed to the privacy policy and terms & conditions *

Area Jobs

Facebook

Veterans Events & Community Bulletin Board

Events

Grief Share
No matter the circumstances, grief is painful and confusing. GriefShare offers a safe, welcoming group where others understand your loss the emotions of grief.
Aug 10, 2026 at The Cove
Must Love Crafts
Stitch some flowers on to a cute little burlap bag for this month's craft. Remember the Must Love Craft Club is for ages 18 and older.
Aug 10, 2026 at Lawrenceburg Library
Dolly's Summer Tour
Our Dolly Parton stand-up is making her rounds to participating local businesses all summer long! Send in your selfie with Dolly for a chance to win!
Aug 10, 2026