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The Carmel Indiana real estate market is typically one of the most desirable in the Indianapolis area. Today let’s look at how the market did for December 2011: The first I notice when I look at the Carmel homes report is the average sales price seems to be significantly lower than normal. Indeed it is some 12% lower than last year’s sales averages and 40K+ lower than the average for the year. Perhaps a rash of lower priced homes sold or a lack of higher end homes sold. Either way, Decemb... Read Full Post

Let’s take a look at how the Indianapolis real estate market rounded out the year. Here is a look at the numbers for all sold homes in Indianapolis for December 2011: The average sales price for December 2011 for Indianapolis homes was $107,563. This represents an 8% decrease in the average sales price as compared to the same time last year. The number of homes sold however is up 1%. The average price per square foot and average list price to sales price are also up for December 2011 vs 201... Read Full Post

As the year comes to a close let’s see how the Indianapolis real estate market fared in October for sold homes. Here are some stats for sold homes in Indianapolis for October 2011: The average home in Indianapolis was sold for $120,770 and was on the market for 101 days. The average sales price per square foot was $64 and the average listing price to sales price is 95%. While the low and high numbers are interesting to look at, the average and the median numbers are far more informative abo... Read Full Post

Here is a look at what happened on the Fishers real estate market for all homes active, pending, and sold in January 2010: While the highs and lows are interesting, the averages are really what are important to look at. 592 homes on the market is really not that much for Fishers especially as we go into the selling season and the tax rebate expiration come upon us quickly. In fact, the 592 Fishers homes on the market only represents a 4.95 absorption rate which is indicative of a very healthy... Read Full Post

Carmel real estate is one of Indianapolis most desirable areas to live in and for good reason. Let’s have look and see how one of the area’s best locations did for December 2009: - 87 Carmel homes sold in December 2009 - Average sales price was $327,086 - Average price per square foot was $113 - Sales price to list price was 95% - It took on average 95 days to sell a home in Carmel - Currently there are 649 homes on the market with a price of $527,913 - 77 Carmel homes are pending with an... Read Full Post

It is that time to see how the Indianapolis real estate market did for December 2009. Here are some stats about the market: Sq. Ft. List Price LP/ Sq. Ft. Sales Price SP/ Sq. Ft. SP/ LP DOM High 7683 $1,690,000 $406 $1,633,000 $407 1013 Low 641 $2,900 $1,500 25% 0 Average 1635 $108,404 59 $103,039 $56 94% 86 - 768 homes sold in December 2009 with an average sales price of $103,039 - The number of homes sold was down 6% over last year - The average sales price was up 14% over last year - The d... Read Full Post

Here are some numbers for the December 2009 Fishers Indiana real estate market: Sq. Ft. List Price LP/ Sq. Ft. Sales Price SP/ Sq. Ft. SP/ LP DOM High 5268 1,150,000 $218 $1,150,000 $218 N/A 210 Low 1020 $75,900 $44 $75,400 $425 72% 0 Average 2269 $210,317 $92 $204,072 90 97% 59 Some more facts about the Fishers real estate market in December: - There are 554 Fishers homes on the market with an average asking price of $292,934 - The average selling price is down 4% over the December 2008 - Th... Read Full Post

Today I wanted to focus on Fishers foreclosures and Fishers Indiana short sales. Fishers foreclosures and short sales represent about 13% of the active market with 73 of the 569 homes on the market being “distressed”. What is interesting is that the numbers for the market as a whole and the bank owned homes are not all that different. For example, the average asking price for a home in Fishers is $291,230 while the average asking price for a foreclosure in Fishers is $287,381. Not that mu... Read Full Post

Here is a peek at what happened on the Noblesville real estate market in November 2009: Sq. Ft. List Price LP/ Sq. Ft. Sales Price SP/ Sq. Ft. SP/ LP DOM High 4114 599900 146 $560,000 139 142% 528 Low 450 34900 20 $37,500 19 81% 0 Average 2024 167968 83 $161,463 80 97% 72 Some other interesting facts about homes that sold in Noblesville: - The number of homes sold in Noblesville is up 67% since this time last year - The average selling price is actually down 17% over the same time last year -... Read Full Post

Here are some stats for the Carmel real estate in Indiana for the month of November 2009: - 101 Homes sold which is 55% increase over last year - The average sales price was $330,595 - The average sales price was up 7% over last year - Average days on the market was 92 - Price per square foot was $115 Carmel real estate has had an incredible past 3 months showing huge gains in the number of homes sold and gains in the average sales price in 2 out of the last 3 months. I am not sure if this ac... Read Full Post