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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.
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In my monthly Carmel sales reports, Brookshire often shows up as one of the neighborhoods with the most activity. There are several Brookshire neighborhoods, there is North, Villages, Pines and Lakes. Today I want to highlight Brookshire located between 116th to 126th and Gray. You've probably been by it; it has the pillars with the lions at the entrances.
It is an older neighborhood, built mostly in the early 70's. Most of the homes have basements and are four bedrooms and 2 1/2 baths. It is a very large neighborhood with nearly 400 homes. The neighborhood has beautiful mature trees and winding roads. It is conveniently located near Brookshire Golf Course.
Currently there are only seven homes available. Five of those are two story homes and the other two are ranch style homes. There are several tri-level homes as well. Most of the homes sell for approximately $100/sq ft. This is one neighborhood that has avoided most of the foreclosure/bank owned homes. Only one sold since January 1, 2009 and it sold for $66/sq ft.
The days on the market average is all over the map and that is probably because some of the homes haven't been updated since the 70's and others have. On the short end, they sell in about 60 days; on the long end, they take over 150 days to sell.
Since January 1, 2009 there have been 12 homes that have sold which is a little better than 1 per month. There are currently seven on the market, so about a six month supply. A balanced market between buyers and sellers is at five months.
The location of Brookshire, the variety of homes and the maturity of the area make this neighborhood very popular for people looking to buy a home for sale in Carmel.
Search homes with one local phone number
Search Carmel Indiana Real Estate by Neighborhood
Search Carmel Indiana Real Estate by Price
Cindy "in Indy" Marchant - Carmel Real Estate Agent
Keller Williams Realty Indy Metro NE
Carmel IN Real Estate Website
317-290-7775
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Part 3: GoGladiator Media went out late at night to see if this really was a 104 hour operation, or just some kind of Hollywood editing magic. We were floored to see the house already framed and standing tall! This is all FOR REAL everybody, and done through the HUGE hearts of great people and amazing sponsors!
From the minute you enter Kokomo and head north to Bunker Hill, you can feel all of the positive energy in the air. This experience is a great case study in how the power of positive pulls a community together for a common cause, and that people are willing to put aside all of life's personal problems to help others.
(Go-Giver Principals in action!)
Another BIG THANK YOU to all of the volunteers, sponsors, staff, security, Hallmark Homes, Anderson University, Ball State University, Grissom Air Force Base and ABC Extreme Makeover for everything you are doing for the Cowan-Brown family. Part 4 will be release tomorrow, and this is our interview with the great Brad King who is helping put all of the social media coverage together for Hallmark Homes with over 40 students of Ball State.
LOVE IT!
Harrison Painter
New Media 365 for Hire
317.871.1000
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So the 5 clues probably gave away what we were doing! Here is part two of the GoGladiator TV coverage of the amazing ABC Extreme Makeover Home Edition with Hallmark Homes in Bunker Hill, IN. This one should probably be titled the "Muddy Edition". Enjoy!
All we can say is WOW! The people are simply amazing, and to see sponsors that are giving so much to make a difference in the world is a breath of fresh air! A special thank you to Hallmark Homes and ABC for being so kind and allowing us to film so much great footage in the midst of all this organized chaos!
LOVE IT!
Harrison Painter
Extreme Social Media Guy for Hire
317.871.1000
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LOVE IT!
Harrison Painter
Social Media Secret Agent for Hire
(317) 871-1000
*Harrison Painter is a New Media Consultant with GoGladiator Media in Indianapolis, IN. He is creating mass value for people by showing them how to build a brand, and increase business, using the power of social media. Learn about Relationship Management, Interpersonal Micro Branding, Content Distribution, Social Influence, Target Marketing, and Authentic New Media Strategies that will explode your business! There is HUGE opportunity in real estate right now, and it is time to grab your market share. The GoGladiator Media Team is here to help you!
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