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Carmel Indiana Real Estate - Market Report 2009

Here is a look at the Carmel IN real estate market for October 2009:

2008
2009
% Change
Active
N/A
739
Homes Sold
70
119
70%
Average Selling Price
$316,830
$357,321
13%
Days on Market
82
89
9%
Price Per Square Foot
$109
$117
7%
Sales Price / List Price
94%
95%
1%


Do you see what I see??? Holy shift in numbers…a 70% increase in the number of homes sold and a 13% increase in the average selling price!!! Wow! I really did not expect to see this kind of swing in the Carmel area. I don’t know if it the tax credit or what, but it would reason that areas like Noblesville or Fishers would be better candidates for swings like this. Well, I am not complaining just shocked. This is great news but as always let’s take it with a grain of salt and see how the market does over the next couple of months before we start celebrating too much.
If you are looking to buy or sell a home, please visit our Carmel homes for sale website for more information or our Carmel Indiana subdivisions page. You might also want to visit our Indianapolis real estate website for more info.

Posted Thursday Nov 05