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Noblesville Real Estate - Market Report - June 2008 - 07/31/08 07:56 AM
Here is a quick glance at what happened on the Noblesville Indiana real estate market in June 2008 for homes under $500,000: There is really nothing new or shocking in this month’s activity report. The number of homes sold is down 11% which is actually lower than in the previous months and the average sales price is down 3% which is about the average for the year. There are currently 647 homes for sale in Noblesville with an average asking price of $206,618. Since we know 974 homes sold in the past 12 months, we can figure that Noblesville has (0 comments)
Carmel Indiana Real Estate Report - June 2008 - 07/25/08 09:14 AM
Here is a quick glance at what happened with Carmel IN homes under $700,000 for June 2008: While the Carmel real estate market typically outpaces the rest of the Indianapolis market, it doesn’t appear to have fared too well this month. The number of homes sold is down 27% over last year and the average selling price is down 9% over last year. I am somewhat inclined to believe that the average selling stat is a bit of an anomaly. The average selling price of $321,588 is abnormally high compared to last month’s average of $280,527 and the YTD average of (0 comments)
As you can see the number of homes sold is down 24% over last year and the average selling price is down slightly at 2% over last year. It is also taking an average of 10 days or 16% longer to sell a home this year versus last year. While none of these numbers are really positive I still think the Fishers real estate market is relatively strong. The absorption rate is still reasonable, at a 6.57 months supply of homes on the (0 comments)
The Indianapolis real estate market seems to pretty much staying the same from the beginning of the year. The number of Indianapolis homes sold is still down substantially over last year and the average selling price is also down. Here is a look at what happened on the Indianapolis market for homes under $500,000:
The one piece of good news I can see from this report is that the average selling price is down by only 7% over last year. While this may seems terrible at first glance, it is actually a vast improvement over the 20% decrease we (0 comments)
Carmel Indiana Real Estate Report - May 2008 - 07/01/08 09:32 AM
There is mixed news from the Carmel Indiana real estate statistics for May 2008. The number of homes sold is predictably down while the average selling price is up ever so slightly. Here is a snapshot of what happened with Carmel Indiana homes under $700,000 in May 2008:
While the number of homes sold is down, all the other numbers are yielding positive signs. The average selling price is up slightly, the average days on the market is down, and the price per square foot is up slightly also. I have said it before, but Carmel real estate remains (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.