Fishers Real Estate - Market Report - December 2008

Here is a look at what happened on the Fishers Indiana real estate market in December 2008 for homes under $500,000:

After a huge dive in the number of homes sold in November, Fishers real estate has bounced back somewhat only seeing a decrease in sales activity of 9% over last year. The average sales price was down a respectable 3% over last year bringing the year end total to a very slight decrease in average sales price. For the year, Fishers real estate was only down .89% over last year. In this market, that is fantastic! The absorption rate, or number of months supply of homes on the market, ticked up just a little to 5.1. This is still indicative of a very healthy and balanced real estate market.

As you see from these numbers, the Fishers real estate market remains fundamentally sound. If you are interested in buying or selling a home in Fishers, please visit our Indianapolis real estate website to learn more about the services we offer. You may also be interested in Carmel Homes and Noblesville IN real estate.