Indiana Real Estate in March: Sales Down 3% YoY, Inventory Down 58% YoY

Note: I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.

For for the entire state Indiana:

Closed sales in March 2021 were 7,181, down 3.0% from 7,401 in March 2020.

Active Listings in March 2021 were 5,898, down 57.6% from 13,916 in March 2020.

Months of Supply was 0.7 Months in March 2021, compared to 1.8 Months in March 2020.