Fishers Market Update - December 2009

Here are some numbers for the December 2009 Fishers Indiana real estate market:

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

- The average days on the market for sold homes in Fishers 59

- 2009 number of homes sold is down 10% 2008

- There are 99 homes pending with an average asking price of $225,267

Considering Fishers Indiana is the exact target audience for first time home buyer’s it is really no surprise we a 19% decrease in the number of homes sold after last months 37% increase. Everyone thought the tax credit was expiring and rushed to close in November. I am not concerned about a 19% decrease in sales activity at all. Fishers is a strong market and should see another push as the newest expiration date for the tax credit draws nearer.

If you are considering purchasing or selling a home in Fishers, feel free to contact me anytime at 317-362-4064. You can also visit our Fishers subdivisions page for a breakdown of neighborhoods by price.