Here is a look at what happened for Fishers homes that sold in July 2009 vs. July 2008:

Well, just when I thought we might be turning this thing around July comes in with some weak numbers. The number of homes sold being off I can live with, but the average sales price dipping down again is maddening. Last month, we saw a little tick up in the average sales price and I was hopeful this was a sign of things turning around. Well, I guess not so fast. The good news is that the absorption rate actually went down to a healthy 5.41. The fundamentals of the Fishers Indiana real estate market are strong; we just need the consumer confidence to catch up and Fishers will be doing fine.
If you are considering buying or selling a home in Fishers, please visit our Fishers real estate page to search all homes that are currently on the market. One of the most popular neighborhoods in Fishers you might want to look is Spyglass Falls.