The Carmel Real Estate Market for May 2009 shows the highest priced home selling at $800,000 after only 18 days on the market in Carolina Commons, one of my favorite neighborhoods. All of those homes in the 106th and Keystone area typically sell very quickly. The lowest price home selling was for $75,000 at 761 Main Street with 1400 sq ft. The statistics for homes in Carmel are:
Active Single Family Homes Listed in May 148
Single Family Homes Currently Active 734
Single Family Homes Sold in the month of May 100 (Nearly 50% more than last month)
Average Sale Price per sq ft $111(Consistent with last month)
Average Days on Market 93 (Consistent with last month)
Of the 148 Carmel Homes listed in May, popular neighborhoods were Village of West Clay, Brookshire, Village of Mt Carmel and Claybourne. The highest priced home listed in May was for $6,850,000 at 951 W 116th with over 28 acres and 9,000 sq ft. This particular home while listed in May of this year has been on the market for the past year. The time on market is a tricky thing; if an agent relists it; it starts the Days on Market (DOM) over.
Of the homes that sold in May, Brookshire and Village of West Clay saw the most activity. Homes selling in May of 2008 were 132 with 7 distressed properties and of the 100 in May of 2009, 7 were distressed properties. What is most interesting is of the 100 sold this month; 33% of them sold within 30 days. That speaks well for a recovering market!
If you own a home in Carmel, Indiana and have questions about the average selling price, the days on market, the current activity or the appreciation of your neighborhood; be sure to contact your Carmel Real Estate Agent.
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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
As summer approaches, I thought it would be good to talk about the Monon Center that is so popular in Carmel. The Monon Center is a public facility operated by the Carmel/Clay Board of Parks and Recreation.
The Monon Center Aqua Park opened on the 23rd of May and will be open through Labor Day. This includes a lap pool with six 25-yard lanes, a lazy river (where do I sign up??), two water slides, a kiddie pool and a deep pool with a one-meter diving board.
There is no membership required to visit the Monon Auqa Park. You can buy an annual or monthly pass, but you can also purchase a 10 visit pass or a daily pass for as little as $8.00 a day or if you qualify for youth or senior, only $5.00 a day. The 10 visit pass is $50 or again if you qualify for youth or senior, then only $40.
Parking has been a bit of a problem, so I would recommend parking in the east parking lot that is only accessible from the park entrance off of Rangeline Road/Westfield Blvd.
The Park is located between Rangeline and College and between 111th and 116th street; residents from Lexington Park can walk there as can many other Carmel home owners in the area.
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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
I am answering the Top 5 Questions for Selling your Carmel Indiana Real Estate. We are up to Question 5 which is how long will it take to sell my Carmel Home?
It depends!
It depends on many factors such as your inital listing price, the condition of your home and to some degree where it is located. Your Carmel Realtor® is an accountant by background and LOVES the analysis involved in selling real estate.
So, those living in east Carmel (46033) actually sell quicker than those living in west Carmel (46032); but just barely. Typically the average days on market (DOM) are less than 90 for 46033 and are at 95 DOM for 46032. This may be because the price point is a tad higher in west Carmel.
Neighborhoods in Carmel 46033 that do exceptionally well (less than 30 days) are:
Neighborhoods in 46033 that have some lengthier time on the market are:
Neighborhoods in 46032 that do exceptionall well are:
Neighborhoods in 46032 that have some lenthier time on the market are:
Some things to keep in mind as you think about your neighborhood and your Carmel home are:
When you are ready to sell your home, be sure to contact your Carmel Realtor® who can run the comparables in your neighborhood, suggest a stager to make your home as appealing as possible and market your Carmel home better than any other real estate agent!
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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
Active Homes for sale in Fishers Indiana for May total 735. What is most interesting is of the 189 new listings that came on the market in May, nearly 20% of them were from high end neighborhoods (sale price over $500,000) including Bridgewater, Canal Place, Lake Stonebridge, and Windermere Pointe. This may tell us that consumer confidence is beginning to come back or it may tell us executive job loss is on the rise; what's your call?
This market report covers the activity for May 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 May 189
Single Family Homes Currently Active 735
Single Family Homes Sold in May 140
Average Sale Price per sq ft $96 (Nearly a 10% increase over last month)
Average Days on the Market 70 (Over a 25% decrease over last month)
The neighborhood with the most sold in May were Sumerlin Trails (7) and Sunblest Farms (8). These are first time buyer priced neighborhoods so that makes sense to see those turning over more. If we look at May of 2008, we had 167 homes sell, compared with 140 in 2009. This is a 15% decline from 2008; this is still 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 May. In 2008 we had 5 or 3%; in 2009 we had 14 or 10%.
The most expensive home that sold in the Fishers Real Estate market was $1,155,000 this month in The Hawthornes near 106th and Geist Road. It was on the market for 292 days. The lowest priced home was in Marilyn Ridge for $71,000 and it was in foreclosure.
The neighborhoods with the most new listings this month include Brooks Chase (5), The Bristols (4), Woodberry (6) and Sunblest Farms (9). You can search for any Fishers Real Estate for Sale by Neighborhood here!
The most expensive Fishers home listed this month is actually one of mine, at $2,200,000 in The Overlook and sits on hole 16 with over 11,000 square feet.
Finally, one last tidbit that I think supports the Fishers Real Estate market being hot. Of the 117 homes pended in May; 39 of them or 33% were on the market LESS THAN 30 DAYS! Also of those 117 homes pended 44 or nearly 40% were less than $175,000. The first time buyer is buying and in some cases, actually being too late to get the house they want because there is competition for that price point.
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
One might think Carmel Real Estate wouldn't have bank owned as the price point in Carmel is fairly high. I just pulled the entire inventory and there are seven bank owned homes.
There are an additional 22 if we include short sale or pre foreclosure. But, if you are in the market for a deal and timing is important you should read about these bank owned properties. They typically respond much quicker and close in a timely fashion, that cannot be said about short sale or pre foreclosure properties.
The list includes a $1,500,000 home in Crooked Stick that was built in 1990 and is assessed for about $800,000 and has been on the market for 98 days and was last purchased in 2003 for $1,250,000.
There are several "deals" in the list. My picks are the one in the Village of West Clay on Treaty Line and the one in Surfwood on Norriston Drive. Both of these have significantly higher assessed values and are in popular areas for resale. The one in Williams Creek is approaching a good deal; it sold in 1993 for $290,000 and is assessed at $403,000 and is also in a popular area. Lexington Farms is a great area as well because of it's proximity to the Monon Center and Trail. Be sure to look through our neighborhood reports for Carmel Homes.
Deteriming a great deal for Carmel homes that are for sale is best done with Carmel Realtor® assistance. I can look at the history to see when it was last purchased, how long it has truly been on the market (many times it is pulled and re listed), run the comps and I know the neighborhoods. While the market is beginning to turn from a buyers market, there is still time to get a great deal in purchasing a Carmel home.
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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
Our experience in selling & our knowledge of neighborhoods and resale values will make your transaction one you'll want (and we'll want) to share with others! Ranked in Top 1% www.marchantteam.com
Hi, I'm Cindy Marchant and I have been a highly successful real estate professional in the Indianapolis market since 2001. After reading The Purpose Drive Life book, I felt a calling to work more with people so I left a career with a local hospital as their Controller and pursued a career in real estate. My personal goal is to give you the best experience with your real estate transaction. I hope to simplify the process of buying and selling real estate, and to exceed your expectations while making the process enjoyable to you. My extensive experience and proven track record are factors you can count on when working with me. Be sure to visit our blog to see how we work with buyers and sellers. I use the latest technology to understand the current market and to make the connections necessary for our sellers. I work with several relocations company's and also work with the Perfect Wedding Guide so I have lots of buyers for your listings too! Please enjoy my website. It is just one of the successful tools I use to assist my clients in marketing their real estate.
I live in Lawrence Township and work in Lawrence, Fishers, Carmel, Noblesville and Zionsville. Our offices for Keller Williams are located in Fishers, so I have become quite the resident expert in Fishers Real Estate. I also worked on the west side for many years and also work Avon, Brownsburg and Plainfield too. I review market statistics for these areas on a weekly basis, and actually enjoy it. I guess being an accountant is a hard habit to break!
I have first time buyer classes each month to help first time buyers understand the somewhat daunting process. We have a realtor, a lender, a home inspector and a home decorator spend time with the class. I also work with move up buyers; this brings its own set of fears and trials for those folks. I had about seven of these types of transactions last year and almost all of them were able to close on their new house and the house they were selling in the same day. This requires a lot of negotiating on my part which I am totally comfortable with from my previous career. Finally, I work with buyers wanting to downsize, I completely understand this phase of life! :-)
I work with sellers as well, using a 35 point process to sell their home. I do not use a cookie cutter method in selling; I market the home specifically as it best relates to that house. For example, if the home is in Broad Ripple, I will advertise in NUVO, if it is an expensive home, it may be advertised in the IBJ or Indiana Medical Society Bulletin. I have links for each listing, for example if you are in Carmel I will link to Central Park; if you are in Fishers, I will link to Money Magazine where Fishers was named the 24th best place to live in the country. I use a stager, schedule a virtual tour (including the diagram of the floorplan), utilize professional photography among other creative ways to get the home sold quickly for top dollar.
I enjoy all of the clients I meet and work with so much that we have several client appreciation events. I invite my clients to a ball game, a wine tasting party, a hayride among other fun events. They receive a pie at Thanksgiving from me. My clients have entrusted one of the most important decisions in their lives to me and I want them to know how much I appreciate that trust.
1) We recently relocated to Kingwood, Texas, from Fishers, Indiana, and Cindy was recommended to us by a mutual friend from East 91st St. Christian Church. We interviewed several potential realtors, and when we interviewed Cindy, we knew we'd found the realtor we wanted. From the beginning, Cindy was professional and courteous, but also warm and friendly. Instead of first walking around our house, she took the time to get to know us, and to ask us about our needs. We were impressed not only with her background and extensive knowledge of real estate, her sales record, and her resourcefulness, but with her unassuming nature, and her desire to serve our family's needs. We quickly arrived at a fair sale price, and Cindy prepared an attractive, informative, and very well-constructed booklet to leave for potential buyers. We felt our home was given maximum exposure, and sold more quickly than we had anticipated. Cindy provided us with outstanding service and personal attention, as well as negotiated and advocated on our behalf. From the outset, we developed a mutually respectful relationship with Cindy, and we feel she truly went the extra mile with us.--- and she enjoyed it! She really made the whole home-selling process a lot easier and more comfortable. We were also impressed with Cindy's generous nature, in donating a portion of her commission to the charity of her clients' choice. With all the anxiety and work which accompanies selling a home, it was such a relief and a great feeling to be completely comfortable with our choice of realtor. I would not hesitate to whole-heartedly recommend Cindy as a realtor; she is truly an outstanding woman, who is devoted to her clients, as well as to the community. Submitted by Rennie and Megan
2) We would like to express our appreciation to you for the quick sale of our home. From the moment we met and learned of your team approach, we felt confident that our decision to list our home with you was the right one. Two weeks and nine showings later the house was sold. Several things contributed to this success: the listing price we selected based on your research; your home improvement suggestions for making our house more appealing, and your networking capability. We especially appreciated how you worked around our schedules to make showing appointments least disruptive to our family.We are now settled in our new home in South Carolina. The move was made much easier because of the closing date on our Indy home that you helped us negotiate - one move at our convenience! Thank you so much for your professionalism. It was a pleasure working with you and we are thankful that our paths crossed. Submitted by Tim and Cindy
3) If you are considering a realtor in the Indianapolis, Lawrence, Fishers area, then look no further than Cindy Marchant.My wife and I spent nearly a year and a half looking for homes. We went to open house after open house. One Sunday afternoon, we went to an open house Cindy was hosting. After talking to her, we knew immediately she was the realtor for us. Her knowledge of the area, the market, and of the business was head and shoulders above the other realtors we had talked with.When we decided to sell, we contacted Cindy. She came over and did an analysis of our home. She suggested some things we should take care of, and we did. The result? Our home sold in one week in a less than advantageous market for home sellers. Also, our home sold for 98% of our asking price. We were extremely satisfied with Cindy and, if needed, would use her services again in a heartbeat. Submitted by Jeff and Becky
I am writing this letter to sing the praises of Cindy Marchant with Keller Williams. Cindy is truly a full-service broker and made my house selling and buying experience very enjoyable even in today's challenging market. Cindyhad a stager to come to my home and make it more appealing to potential buyers. In addition, she created wonderful brochures for people to take with them after they walked through my house and had a videographer come in to film my home which made it come alive to people searching the web for new homes. Everything worked well because I sold my house in less than two months for a greater amount than I would have even asked had it not been for Cindy's guidance. Cindy cares about her clients. She went above and beyond what I expected from a broker. Cindy pays attention to all of the details, big and small and made me feel like I was her most important client. My guess is that all of her clients feel this way. I do not hesitate to recommend Cindy to family and friends in need of a real estate broker. Submitted by Karen
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