It is that time again to discuss the Carmel Indiana Real Estate market. To start, there are currently 138 townhomes/condos and 638 residental homes on the market today (3/15/10). Selling a home in Carmel is just about reaching the best time as the tax credit is nearing expiration (4/30/10) and Spring approaches.
For February there were 61 homes that sold this year compared with 55 last February. The distressed properties are just a fraction of what is selling so that is great news.
The average price per sq ft this year is $119 compared with $107 a year ago, so good news there too!
Finally the days on market (how long it takes a home from the time it is listed until the time it is pended) was 114 days this year compared with 104 last year. This is probably just a colder and more snowy winter than a year ago; weather can affect sales.
The lowest priced home for sale in Carmel was $45,000 on 111th street and it had 950 sq ft plus another 950 sq ft in the basement. The highest priced home for sale in Carmel was $1,315,000 in Bridlebourne with over 5,000 sq ft and another 3500 in the basement. This home started at $2,000,000 when it was first listed in February of 09.
There were two homes that sold in February over $1,000,000 compared with the highest priced home a year ago at $775,000; no homes over $1,000,000 sold.
The neighborhoods that saw the most activity were Saddle Creek and Village of West Clay. There are a lot of great neighborhoods in Carmel, if I haven't written about yours, let me know!
Selling a home in general takes an experienced Realtor®, this Carmel Realtor has been selling since 2001 and finished 2009 with average days on market of 67 and a list price to sale price of 97%. I am willing to work that hard for you too!
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Cindy "in Indy" Marchant - Carmel Real Estate Agent
Keller Williams Realty Indy Metro NE
Carmel IN Real Estate Website
317-290-7775
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