KOSCIUSKO — Indiana Realtors have closed the books on August, releasing their summary of existing home sales from last month.

All metrics are up except inventory, which is certainly a result of strong demand, seasonality, and low inventory. Most notably, the sales price of homes — single-family, townhomes, condos, and co-ops included — is still on the rise. Statewide, the median sales price of homes is $160,500, a 7.3 percent increase when compared to August 2017. The average sales price is $188,961, a 5.8 percent increase from the same month.

In Kosciusko County, new listings for available properties increased by 7 percent since August 2017. The median sales price for properties increased by 5.3 percent from August 2017, jumping from $159,000 to $167,500. The month’s supply of inventory and inventory of homes for sales decreased since August 2017.