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Northeast Indiana had just half a month s supply of homes for sale in March, a 64% drop from the same month of 2020, according to data released Wednesday by the Upstate Alliance of Realtors Multiple Listing Service.
New listings decreased 15%, to 742. Pending sales increased by 7%, to 742. And closed sales declined by 12%, to 597. The median sales price increased 9%, to $175,000. Half the prices were higher than the median and half lower. Sellers received 99% of original list price, on average, a 3% increase from March 2020.
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