Here is the market report for Fishers IN homes for November 2009:
2008 |
2009 |
% Change |
|
| Active | N/A |
593 |
|
| Homes Sold | 73 |
100 |
37% |
| Average Selling Price | $208,846 |
$194,448 |
-7% |
| Days on Market | 84 |
66 |
-21% |
| Price Per Square Foot | $91 |
$94 |
|
| Sales Price / List Price | 96% |
97% |
1% |
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, please visit our Fishers Indiana real estate website to learn more about what we offer and to search for all Fishers homes for sale. You may also want to take a look at all the Fishers subdivisions broken down by price.
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