Michael Taylor

Here is a look at the Carmel IN real estate market for October 2009:

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.

Here is what happened for real estate in Fishers Indiana for October 2009:

Well, considering the tax credit coming to an end; I expected to see a big increase in these numbers. I might be able to justify a decrease in the average sales price because the first time home buyer should be purchasing the less expensive homes on the market. However, I am shocked to see a decrease in the number of homes. Until this tax credit crunch is behind us, we really won’t be able to get a good grasp on the market.
If you are look to buy or sell a home, please visit our Fishers homes for sale website for more information. You may also want to look at our Fishers Indiana neighborhoods page or our real estate in Indianapolis website.

Here is a look at what happened on the Zionsville real estate market in September 2009:

This was actually not a bad month at for Zionsville homes. A 13% increase in the number of homes sold and basically unchanged average sales price since the same time last year. The year to date numbers for Zionsville show an 18% decrease in the number of homes sold and 2% increase in the average sales price. The absorption rate is at 10.14 which is higher than other northern suburbs of Indy like Carmel and Fishers but not out of control. There are currently 311 Zionsville homes on the market with an average asking price of $587,478.

If you are thinking about buying or selling a home in Zionsville, please visit our website for more information. You may be interested in Spring Knoll Zionsville or The Enclave Zionsville.

Here is a look at what happened on the Zionsville real estate market in September 2009:

This was actually not a bad month at for Zionsville homes. A 13% increase in the number of homes sold and basically unchanged average sales price since the same time last year. The year to date numbers for Zionsville show an 18% decrease in the number of homes sold and 2% increase in the average sales price. The absorption rate is at 10.14 which is higher than other northern suburbs of Indy like Carmel and Fishers but not out of control. There are currently 311 Zionsville homes on the market with an average asking price of $587,478.

If you are thinking about buying or selling a home in Zionsville, please visit our website for more information. You may be interested in Spring Knoll Zionsville or The Enclave Zionsville.

Here is a look at what happened on the Indianapolis real estate market in September 2009:

I almost don’t want to say it, but we almost just had a good month and it appears things might be trending toward a leveling off or maybe even towards positive territory. Let’s not get too excited, the expiration of the tax credit most likely is having an effect on these numbers, but it is still great to see an increase in the average sales price in Indianapolis. I have not seen that in a long while. This could be a great sign, it just be the tax credit creating a false sense of demand. Only time will tell but for now it is looking positive for Indianapolis homes.
If you are considering purchasing a home in Indianapolis, now might be the best time. Please visit our one of our websites above or you may want be interested in Broad Ripple homes or Geist Homes as these are two of Indianapolis’ most popular areas.