Indy Realtor's Blog: All Categories

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 average price of $330,710
- The absorption rate in Carmel is 6.67

The number of homes that sold in Carmel represents a 10% increase over last year which is great. What is not so great is that despite that 10% increase we still saw a 9% decrease in average…

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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           … 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             … 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 much different at all!  Also, the average selling price for a foreclosure in Fishers Indiana is a very healthy 97%. What is different is the asking price per square foot which is $107 for all Fishers homes and $91 for distressed properties. 

All in all, the…

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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           … 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 activity has been spurred on by the tax credit but typically Carmel buyers are not first time home buyers. Let’s just hope this trend continues into the next year.

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Here are some quick stats for what happened on the Fishers Indiana real estate market for all homes that are active, pending and sold in November 2009:

100 Homes sold with an average sales price of $194,448
Average days on the market was 66
Average price per square foot was $94
High selling price $635,000
Low Selling price $79,000
593 active homes on the market
Average asking price $292,724
112 Fishers IN homes currently pending with an average asking price of $208,346

Overall, this was a pretty average month for Fishers real estate with a bit of an increase in the sales activity and a small dip in price. The absorption rate is a very manageable 4.92 which means there is currently a 4.92 months supply of homes if we don’t add any more homes to…

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Today I wanted to look at what is happening on one of Indy’s most popular suburbs: Fishers.  Fishers real estate is so popular because it is very affordable and approachable for the average family and the schools and family friendly atmosphere is fantastic.  Let’s take a look at some numbers for year to date sales stats for Fishers Indiana real estate:

Month Number Homes Sold % Change Average Sales Price % Change   2008 2009   2008 2009   Jan. 69 … Read Full Post