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Carmel Indiana Real Estate Market Report 2010
The year end report for 2010 homes sold in Carmel Indiana numbers are in and they are pretty good, all things considered!  With 1,224 homes sold in Carmel in 2010, that is only a 3% decline from the 2009 levels where 1,264 homes were sold.  Some of the other statistics include the days on market where 2010 showed improvement at 80 compared with 85 DOM a year ago.  Also the price per sq ft increased to $113/sq ft in 2010 compared with $111 in 2009.
The luxury market of homes sold in Carmel also showed improved with 188 homes over $500,000 selling in 2010 compared with only 163 in 2009.  The most expensive home selling in 2010 was of course the Hilbert Mansion.  It sold for $3,000,000 and started at a price of $20,000,000.  The number of homes over $1,000,000 selling was fairly consistent at about 15 in each year.
For the month of December alone the numbers were again lower at 78 homes sold versus 99 in 2009.  The days on market were consistent at 89 and the price per sq ft was up to $114 from $108 a year ago.  We have seen the last few months drop off as ... more

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