Here is a look at what happened on the Fishers Indiana real estate market for August 2009:

I am not sure if we are seeing the affect of the pending expiration of the tax credit but that would help explain the jump in average sales price.  What is interesting is the number of homes sold is still down quite considerably compared to last year.  I would have expected to see a spike in the number of sales as well.  Perhaps this is coming over the next two months as the tax credit crunch really hits. 
What is great news for the Fishers real estate market is the inventory is dwindling and we see only a 5.01 month supply of homes which is fantastic in this market. 
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