Leading Indicators

Recent trends that may point to upcoming market conditions

Leading Indicators for Indiana as of Week of Jun. 24, 2024.

Supply

Listing Price Trend

Median listing price for past three weeks compared to previous 6 weeks
Three-week average
$273,267
(Jun 10-Jun 30) Compared to avg. $279,133 in previous 6 weeks
Trend
Consistent
A range of $271,275 to $286,992 is consistent with the previous 6 weeks.
Latest week
$269,900
Jun 24-Jun 30

Inventory

Average daily supply
Three-week average
12,030
(Jun 10-Jun 30) Compared to avg. 11,006 in previous 6 weeks
Trend
Higher
A range of 10,620 to 11,391 is consistent with the previous 6 weeks.
Latest week
12,259
Jun 24-Jun 30

Sales

Pending Contracts Trend

Weekly total of newly pended properties
Three-week average
2,112
(Jun 10-Jun 30) Compared to avg. 2,022 in previous 6 weeks
Trend
Higher
A range of 1,954 to 2,090 is consistent with the previous 6 weeks.
Latest week
2,172
Jun 24-Jun 30

Immediate Sales

Percent of new pending sales under contract in three days or less
Three-week average
25.6%
(Jun 10-Jun 30) Compared to avg. 26.3% in previous 6 weeks
Trend
Consistent
A range of 24.7% to 27.9% is consistent with the previous 6 weeks.
Latest week
24.0%
Jun 24-Jun 30

Market Momentum

Price Drops

Listings with a price decrease as a percent of all listings
Three-week average
40.7%
(Jun 10-Jun 30) Compared to avg. 38.2% in previous 6 weeks
Trend
Higher
A range of 37.4% to 39.0% is consistent with the previous 6 weeks.
Latest week
41.5%
Jun 24-Jun 30

Days on Market

Median days from listing to pending sale
Three-week average
11
(Jun 10-Jun 30) Compared to avg. 10 in previous 6 weeks
Trend
Higher
A range of 9 to 11 is consistent with the previous 6 weeks.
Latest week
13
Jun 24-Jun 30

Price

Sales Price as Percentage of Asking Price

Average sales price compared to original listing price
Three-week average
97.3%
(Jun 10-Jun 30) Compared to avg. 97.2% in previous 6 weeks
Trend
Consistent
A range of 97.1% to 97.4% is consistent with the previous 6 weeks.
Latest week
96.7%
Jun 24-Jun 30