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Carmel Real Estate - Market Report - December 2008

Here is a quick look at what happened on the Carmel Indiana real estate market in December 2008 for homes under $700,000:

2007
2008
% Change
Active
N/A
568
Homes Sold
73
63
-14%
Average Selling Price
$305,251

$301,399

-1%
Days on Market
88
91
3%
Price Per Square Foot
$112
$108
-4%

Carmel rounded out the year posting better than average numbers compared to the rest of the year. The number of homes sold was down 14% over last year, but this is still better than the 25% decline for the rest of the year. Average sales price was down too, but again better than the average for the rest of the year.

As usual, despite rough economic times Carmel still has very reasonable real estate stats. If you are considering a home in Carmel, please visit our website to search all Indianapolis homes for sale. If you are looking at Carmel homes, you may also want to check out Fishers Indiana real estate and Zionsville homes.

Posted Thursday Jan 08