It's interesting to look back and see how the year kicked off in metro Indianapolis. Fishers area real estate stats year over year in January were down, but there is an upside.
Fishers Pending Sales
There were 81 transactions that pended in Fishers in January. The highest priced home to sell was located in the Gray Eagle golf course community for $414,000.
Active Listings | January 2010 vs. January 2009
There are currently 571 active listings in Fishers. Of those, 186 were listed for sale in January. Of those homes that were listed in January, 29 have already sold and closed or pended. By comparison, there were 233 new listings in January 2009 in Fishers.
The average priced home for sale currently is $321, 239 at over 3400 square feet. There are currently 56 listings for sale at $500,000 and up.
Fishers at a Glance:
| 2009 | 2010 | |
| Sold | 65 | 53 |
| Pend | 94 | 81 |
| Days on Market | 79 | 75 |
| Average Price | $206,059 | $227,506 |
| Average Sq Ft. | 2,332 | 2,342 |
High End Still Moving Slow
The tough news is that the higher end of homes on the market did not move much in January. Only 1 home out of 53 closed transactions was over $500,000. It was priced in the $600s and located in Talan Bluff section of Hamilton Proper, located just south of 116th on Brooks School. By comparison, 3 homes over $500,000 sold in the same month of 2009. The lowest priced home to sell in Fishers in January was for $85,000 in Sutton Crossing.
Its good to see the number of days on the marke go down a bit and the average price go up. The great news is that the homes at the price point between $150,000 and $300,000 are still moving really well.
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