Strong Southern Indiana Housing Market in January and February Outpaces 2011

JEFFERSONVILLE, IND – March 19, 2012 – (RealEstateRama) — So much for the winter doldrums for area realtors. According to the latest housing data compiled by RE/MAX of Indiana, the Southern Indiana real estate market recorded strong growth for the early months of 2012. Nearly 20 percent more homes sold during January and February with 363 homes compared to the same time last year with 303 homes. Likewise, the average price of homes sold in Southern Indiana increased nearly eight percent, from $115,211 to $124,411 during January and February.