Michael Taylor

Here is a look at what happened on the Noblesville Indiana real estate market for January 2009:

Noblesville seems to be on par with the rest of Hamilton County showing a big decrease in the average number of homes sold, but also posting a gain in the average sales price. Despite 29% fewer homes selling in 2009 over 2008, the average sales price was still up 2% over last year. Noblesville real estate looks like it doing alright despite these tough economic times.
If you are considering buying or selling a home in Noblesville, please visit our Indianapolis homes website to search for all homes for sale in the Indianapolis area. Some of the more popular communities in Noblesville include: Sagamore, North Harbour, and Lochaven.

Here is a look at what happened on the Westfield Indiana real estate market for homes under $600,000 in January 2009:

The number of homes sold is still down over last year quite substantially, but the average sales price is up by 10% since the same time last year. It should be noted that with only 23 homes selling, this is far from indicating a trend. However, any positive gain in average sales price is always a good sign. Also, the absorption rate, or number of month’s supply of homes, is a very healthy 5.42. This number alone indicates a pretty balanced market and offers a quick look at the overall health of the market. Westfield and the rest of Hamilton County seem to have a fairly stable real estate market even in these tough times making it a safe place to invest.

If you are looking to buy or sell Westfield real estate, please visit our Indianapolis homes for sale website to search all available homes. Some of the more popular neighborhoods in Westfield include: Centennial, Countryside, and Viking Meadows.

Here is a look at what happened on the Zionsville real estate market in January 2009 for homes under $700,000:

As you can see, there was not a ton of activity in January 2009 as far as number of homes sold. Somehow, only 8 homes sold in Zionsville during the month which resulted in a 70% decrease in activity. What is odd is that even though only 8 homes sold the average sales price was up 12 % over last year. I say this every time I do a Zionsville report, but with so few homes selling it is very difficult to get a grasp for the status of the market based on just one month’s sales activity. We will have to wait a few more months to see how the Zionsville real estate market will fare in 2009.

If you are looking for a home in Zionsville, please visit our Indianapolis homes website to search all homes in Zionsville and the greater Indianapolis area. Some of Zionsville’s most popular neighborhoods include: Stonegate, The Willows, and Cobblestone Lakes.

Here is the first report for 2009 for the Carmel Indiana real estate market for homes under $700,000:

We do continue to see the big decrease in average sales price while the average sales price remains relatively unchanged over last year. In this market, if we can see a 39% decrease in the number of homes sold and have no change in the average selling price, the market is still doing quite well.
Carmel has and will be one of the safest investments in the entire Indianapolis area. If you are looking for real estate in Carmel, please visit our real estate in Indianapolis website to search all available homes in Carmel and the surrounding areas. Two of Carmel’s largest and most popular neighborhoods include West Clay and The Bridgewater Club.

Here is a look at what happened on the Fishers real estate market for homes under $500,000 in January 2009:

Well, it is a new year and hopefully that trend of a 4% increase in average sales price continues. The 24% decrease in homes sold is par for the course and may actually improve as the last sales from January get officially recorded in the MLS. What is also great news is that the absorption rate, or month’s supply of homes on the market, is down to a very healthy 4.45! I expect to see more homes hit the market in the coming months as we ramp up for selling season, but hopefully the amount of homes sold will also rise. As you can see, the Fishers real estate market is still quite strong despite the current economic climate.

If you are considering purchasing or selling a home in Fishers, now is a great time to do so. Please visit our Indianapolis Real Estate website to search all homes available. You may also want to visit our Geist real estate and homes for sale page or the Carmel Indiana real estate page if you are considering a home in Fishers.