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Fishers Real Estate Market Report for April

Active Homes in Fishers Indiana for April total 737; something for everyone! This market report covers the activity for April 2009 and is for both Delaware and Fall Creek Townships. Please be sure to look at our Market Report category for previous month reports.

Active Single Family Homes Listed in April 184

Single Family Homes Currently Active 737

Single Family Homes Sold in February 113

Average Sale Price per sq ft $89

Average Days on the Market 103

The neighborhood with the most sold in April were Sandstone and Sunblest. These are first time buyer priced neighborhoods so that makes sense to see those turning over more. If we look at April of 2008, we had 122 homes sell, compared with 113 in 2009. This is a only a 5% decline from 2008; this is encouraging since our decline %ages have been in the 30's for previous months of 2009 compared with 2008.

What is, however, very interesting is the number of distressed homes (aka deals in Fishers Real Estate!) that sold in April. In 2008 we had 8 or 6%; in 2009 we had 18 or 16%.

The most expensive home that sold in the Fishers Real Estate market was $535,000 this month in Brooks Park near 104th and Olio. It was a custom home built by RC Tucker Homes. The lowest priced home was in Sunblest for $87,000 as a bank owned. This home had nearly 2,000 sq ft of living space and was assessed for $156,000. That was a deal for a home in Fishers!

The neighborhoods with the most new listings this month include Brooks Chase (9), The Bristols (8) and Sunblest(7). You can search for any Fishers Real Estate for Sale by Neighborhood here!

If you would like information about your specific neighborhood such as active listings, average price sold over the last year, or appreciation rates, please contact this Fishers Realtor.

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Cindy "in Indy" Marchant - Fishers Real Estate Agent
Keller Williams Realty Indy Metro NE
Fishers IN Real Estate Website
317-290-7775

Posted Monday May 18