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

Maybe I am in denial, but I just believe these numbers. I might buy a 30% decrease in the number of homes sold in Fishers, but I cannot buy a 15% decline in the average sales price. I think it was unusually high in 2008 and low in 2009. I guess time will tell, but I don’t believe it. As we get into selling season full swing, the next few months should tell us what is really going on with the Fishers real estate market. If you look at the absorption rate in Fishers it is 5.33 which indicates a very healthy real estate market. I guess we will have to wait a couple of months to see if this levels out.
If you are looking for a home in Fishers, please visit our Indianapolis real estate website where you search the entire MIBOR database of homes for sale. We have the most popular subdivisions in Fishers listed such as Ashwood and Avalon.