Bridgewater Club 2009 YTD Report - 02/23/09 06:30 AM
I decided to run some numbers of active, pending, and sold Bridgewater Club homes in Carmel for first couple months of 2009 and I was a little shocked to learn that no homes have closed yet. In fact, no homes are even pending since the beginning of the year. Here is what is happening in The Bridgewater Club in 2009:
- There are 45 active homes on the market
- The average asking price for homes currently on the market is $869,146
- The highest priced on the market right now is $2,099,000.
- The least expensive home is listed at … (0 comments)

Pike Township Real Estate | Market Report January 2009 - 02/20/09 07:08 AM
Here is a look at what happened on the Pike Township real estate market in January 2009:
OK, something must be wrong. We don’t see an increase in both the number of homes sold and the average sales price do we? It appears that we do! Let’s not get too excited, something tells me we should be cautious before we celebrate too much. Nonetheless, this is good news to see an increase in both the number of homes sold and the average sales price. We will have to see what the months ahead bring, but let’s hope it is more of … (0 comments)

Washington Township Real Estate | Market Report January 2009 - 02/19/09 08:30 AM
Here is a look at what happened on the Indianapolis Washington Township real estate market for January 2009:
Not a good start to 2009 for Washington Township with pretty big decreases in both the number of homes sold and the average sales price. The number of homes sold is as big of a concern as we have seen that across the board and come to expect this number to be significantly lower than last year. The average sales price is what is concerning; a 14% decrease since last year is not good. Here is the thing about averages though; they can … (0 comments)

Lawrnece Township Real Estate | Market Report January 2009 - 02/18/09 05:27 AM
Here is a look at what happened on the Lawrence Township real estate market in January 2009:
As you can see, the Lawrence Township market is very similar to its Hamilton County neighbors; posting a pretty big decrease is the number of homes sold while only seeing a slight decrease in average price. The average days on the market did increase by 26% while the average price per square feet was down by 6%. Overall though, not too bad considering.
If you are considering purchasing a home in the Lawrence Township area of Indianapolis, please visit our Indianapolis real estate … (0 comments)

Noblesville Indiana Real Estate | Market Report January 2009 - 02/13/09 07:12 AM
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 … (0 comments)

Westfield Indiana Real Estate Market Report January 2009 - 02/11/09 07:35 AM
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 … (0 comments)

Zionsville Real Estate - Market Report - January 2009 - 02/10/09 07:55 AM
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 … (0 comments)

Carmel Indiana Real Estate - Market Report - January 2009 - 02/09/09 06:59 AM
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 … (0 comments)

Fishers Real Estate - Market Report January 2009 - 02/06/09 08:01 AM
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 … (0 comments)

Indianapolis Real Estate - Market Report - January 2009 - 02/05/09 07:30 AM
Here is a look at what happened on the Indianapolis real estate market in January 2009 for homes under $500,000:
It looks like 2009 is starting off with a continuation of 2008’s trends: market activity is way down and the average sales price is also down. We must also understand that this is a very broad look at the market as this report covers all homes in all price ranges in the city of Indianapolis. In addition, this report is not indicative of the overall metro Indianapolis market. I have not run the numbers yet, but I have a feeling that … (0 comments)

 

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