“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Carmel Indiana Real Estate - Market Report - January 2009

Here is the first report for 2009 for the Carmel Indiana real estate market for homes under $700,000:

2008
2009
% Change
Active
N/A
566
Homes Sold
57
35
-39%
Average Selling Price
$290,575

$288,44

-1%
Days on Market
86
105
22%
Price Per Square Foot
$111
$102
-8%

We do continue to see the big decrease in average sales price while the average sales price remains relatively unchanged over last year. In this market, if we can see a 39% decrease in the number of homes sold and have no change in the average selling price, the market is still doing quite well.
Carmel has and will be one of the safest investments in the entire Indianapolis area. If you are looking for real estate in Carmel, please visit our real estate in Indianapolis website to search all available homes in Carmel and the surrounding areas. Two of Carmel’s largest and most popular neighborhoods include West Clay and The Bridgewater Club.

Ca
Posted Monday Feb 09