Southern Indiana Home Sales

Southern Indiana Realtors Association has just released the statistics for home sales for the month of August 2011 and year to date.
Interestingly, the number of homes sold was up 16% from August 2010.  This is most probably due to the fact that by August of last year, the first time buyer's who purchased with stimulus money had already closed and there was the natural drop or lull in sales.  While the number was up, the median sale price is down 6.78%.
Year to Date statistics continue to show a decrease in both number of sales ad median sales price of about 5%.