Fishers Foreclosures Update - 12/28/09 02:42 PM
Today I thought I would take a look at the Fishers foreclosures market and see what is happening with bank owned homes, short sales, etc. as compared to the rest of the market. First some stats about all Fishers real estate:
- 569 homes on the market in Fishers Indiana
- Average asking price is $291,230
- Average price per square foot is $107
- Average square feet is 2,478
Now let’s look at some numbers for foreclosures:
- 73 homes on the market (includes bank owned, short sales, HUD owned, and VA owned)
- Average asking price is $287,381
- … (0 comments)

Noblesville Indiana Market Report - November 2009 - 12/14/09 03:34 PM
Here is the Noblesville real estate numbers for November 2009:

Another increase in the number of homes sold and unfortunately another decrease in the average selling price. It is probably inevitable the number of homes sold increasing is due to the tax credit and it could explain the decrease in average sales price as well. Noblesville is an ideal location for the first time home buyer in the Indianapolis area to pick up an affordable home in a great community. These first time home buyers could be putting downward pressure on the average sales price because they are purchasing the … (0 comments)

Carmel Indiana Real Estate - Market Report November 2009 - 12/11/09 08:49 AM
Here is a look at what happened on the Carmel real estate market for November 2009:
Another great month for Carmel Indiana real estate! I don’t know if this is the tax credit or what, but a 55% increase in the number of homes sold after a 70% increase last month is phenomenal. Is this the beginning of a new upward trend? Unfortunately, we won’t know for sure until we are passed it but it very well could be. Carmel homes will be among the first to bounce back.
If you are considering purchasing a home in Carmel, please visit our … (1 comments)

Fishers Indiana Real Estate - Market Report November 2009 - 12/09/09 08:29 AM
Here is the market report for Fishers IN homes for November 2009:
We see a huge jump in the number of homes sold no doubt related to the then expiration of the tax credit. The average sales price is down a bit which may just be the market or it may be the first time home buyers scooping up the less expensive homes. The best news is the absorption rate, or number of months supply of homes is at 4.92 which is extremely manageable and indicates a well balanced market.
If you are looking to buy or sell a home, … (1 comments)

Indianapolis Real Estate - Market Report November 2009 - 12/07/09 06:10 AM
Here is what happened on the Indianapolis real estate market in November 2009:

For the second straight month we have seen a double digit increase in the numbers homes sold in Indianapolis. The average sales price has also taken a huge increase this month as well. No doubt, we are still feeling the affect from the tax credit and the past threat of its expiration but I will take the good news. Once crazy stat this month is the change in list price to sales price; last year it was at 89% and this year it jumped to 97%. Let’s … (0 comments)

 

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