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Cindy "in Indy" Marchant Realtor® Fishers Real Estate

Real Estate Recovery - Carmel Indiana July Market Report

Originally posted at My Carmel Blog

Banner month for Carmel Real Estate. There were 142 homes sold in July of 2011 compared with 125 in July of 2010! Also great news with the days on market decreasing to 78 from 83 a year ago and the average sale price increasing to $334,600 compared with $332,600 a year ago.Homes sold in Carmel

It is important to at least note that June of 2010 was an extremely heavy month of sale making July of 2010 a bit on the lighter side. It is important to see this type of increase given the last few months that have lagged behind the 2010 numbers.

The luxury market was fairly consistent with just over 20 homes over $500,000 in Carmel selling in both July of 2010 and 2011.

The most expensive home sold in July of 2011 was for $1,350,000 in Bridlebourne. It had 7,000 sq ft and an additional 3,000 in the finished basement. It was on the market for only 51 days!

If you are curious about your home’s value; be sure to fill out our Request for Home Value on our website. We can usually turn those around within a day. We can also set you up for a search on your neighborhood so you can watch the activity of the homes coming on the market.

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Cindy “in Indy” Marchant - Carmel Real Estate Agent
Keller Williams Realty Indy Metro NE
Carmel IN Real Estate Website
317-290-7775

CindyMarchant@comcast.net

Homes for Sale on Geist Reservoir over $1MM

Originally posted at My Indy Waterfront Blog

There are currently 15 homes for sale on Geist Reservoir that are over one million dollars.

Five of those are in Lawrence Township, 9 are in Hamilton Southeastern area and one is in the Mt Vernon area.

There are a few popWaterfront View in Geistular neighborhoods in Geist that typically have homes on the water for sale. They include Masthead, Springs of Cambridge, and Feather Cove. Occassionally you can also find them in the Admirals or Canal Place.

Waterfront views are so beautiful not only in the summertime but in the Fall and Winter too. They create a peaceful feeling after a stressful day at work. Most of these will have docks and often sellers will sell their boats too!

All but one also has an inground pool and cabana’s; truly homes to entertain in and enjoy the fruits of working hard.

If you are a buyer looking for a home for sale on Geist Reservoir, there could be some great deals. There are six of these homes that have been on the market for awhile (more than 120 days) and could have motivated sellers.

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Cindy “in Indy” Marchant - Geist Real Estate Agent
Keller Williams Realty Indy Metro NE
Geist IN Real Estate Website
317-290-7775

Real Estate Recovery - Hamilton County Housing Report - Good News

Originally Posted at My Fishers Blog

Sometimes it is easy to get caught up in the negative National housing news…but the Hamilton County housing report is good news!

Hamilton County Housing StatsThe June report shows 482 homes sold; or a 4.6% increase over June of 2010. This is important because June of 2010 was a big month as all of the first time buyers scurried to be sure they closed by the 6/30/10 deadline. So June of 2010 was a big number and we beat it in 2011!

The median sale price also from $207,500 to $215,500 or a 3.9% increase comparing June to June. Even for the YTD the number was up 1.3% from a year ago.

There continues to be a high amount of inventory available for sale with 800 homes entering the market in June compared with 851 homes a year ago. Typically within those 800 newly listed homes each month…20% are under $150,000.

Be sure to check back next week when the Fishers Market Report will be released; I suspect it will have very good news!

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Cindy “in Indy” Marchant - Fishers Real Estate Agent
Keller Williams Realty Indy Metro NE
Fishers IN Real Estate Website

Ranch Homes in Carmel for Sale with Basements

Originally posted at my Carmel Blog

I think if I were looking for a home for sale in Carmel, a ranch styled home with a basement would be on my short list. The comforts of single floor living appeals to me greatly these days! I would also want a basement; after all these years I would need a place to store all the “stuff” from the kids moving out and leaving things behind!

Ranch in CarmelI love being a REALTOR for many reasons but one of those reasons is the ability to just look at different types of housing on a whim. Today, I searched for my dream home. There are 59 ranches with basements for sale in Carmel. Three of those are over $1,000,000 so a bit out of my price point!

I would want at least three bedrooms and two full baths, so that takes me down to 44 ranch homes available. And then as I think more, I know I would want at least 1/2 acre or so in land, taking me down to 27 homes for sale.

That’s the wonderful thing about using a REALTOR; you can be as specific as you like or as general as you like. If I wanted to only live in West Carmel I could put in the zip code. If I wanted an inground pool, I could use that as a criteria.

If you are curious if your dream home exists, call or email your Carmel Real Estate agent and let me set up a search for you so that you will see all the new listings that match your wish list. It’s easy and it’s free!

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Relocating to Indy Vido

Cindy “in Indy” Marchant - Carmel Real Estate Agent
Keller Williams Realty Indy Metro NE
Carmel IN Real Estate Website
317-290-7775

CindyMarchant@comcast.net

Wintercove in Fishers Indiana

Originally posted at My Fishers Blog

Knowing the best neighborhoods in Fishers can make finding the perfect home for sale in Fishers for you easier! Wintercove might be the one. It is tucked away just off of Allisonville Road between 106th and 116th on the East side of the Road.

Wintercove in FishersIt is a small neighborhood of only 68 homes but they are all custom built. Most were built in the early 2000’s making the landscaping beautiful and mature. The neighborhood is nearby to Bluestone, also a popular area. It is convenient to the popular Sahm’s Restaurant as well as banking, grocery stores and other restaurants.

Since January 1, 2010 6 have sold; only one with a basement. Most of the homes are at least 2500 sq ft with many over 3,000. Most of the homes have at least four bedrooms and three full baths. They typically sell in less than 90 days and price varies greatly depending on the size of the home. You can expect to pay more than $350,000 on average and may go as high as $575,000.

There are two currently pended; one for $547,900 with 3,445 sq ft plus 1,534 in basement and another for $417,000 with 2,473 sq ft plus the same in a basement. Both of these pended quickly (less than 90 days).

There is one of the market currently that has six bedrooms and five full baths! It is listed for $485,000 and does have a finished basement.

As we look at absorption rate which defines how well a neighborhood sells…Wintercove is one of the best neighborhoods in Fishers. There have been six that have sold/pend since 7/1/10 so that is one every two months. There is one listed making the absorption rate 60 days…who wouldn’t want to sell their home in 60 days or less!

Here is a link to the Wintercove Covenants for your review. If you are looking to buy or sell in Wintercove, I can help you do that.

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Cindy “in Indy” Marchant - Fishers Real Estate Agent
Keller Williams Realty Indy Metro NE
Fishers IN Real Estate Website