I know that March was a great month, but I will lay odds April will knock it out of the park. If you read the recent posts on the Fishers Real Estate that has pended, you would probably agree! There are so many buyers out there still trying to get the tax credits that are available for first time buyers and repeat buyers.
There are currently 810 homes for sale in Fishers, with 173 of those under $150,000.
For March 2010, 136 homes sold compared with 127 a year ago. The neighborhoods that saw the most activity were the usual with Sunblest Farms, but we also saw many homes in Saxony (near Hamilton Town Center), Spyglass Hill and The Bristols sell this month.
I also wanted to mention Limestone Springs, this is a tough area for sellers, but a bargain for buyers. There were four homes in Limestone that sold, one was the lowest of the month at $86,000. Those same homes sold for $150,000 four years ago. I currently have one in there at 12145 Bubbling Brook that is pottery barn decor and in excellent condition; it is a short sale and listed for $116,500 but may be reduced soon.
The days on market for 2010 were 87 compared with 98 a year ago, so great improvement. I will toot my horn here, and tell you that for 2009, the Marchant Team sold their homes on average in 67 days! The price per sq ft was $92 in 2010 compared with $90 in 2009.
The highest priced home sold for $950,000 in The Hawthornes. It had 8,600 sq ft and was on the golf course. The Hamilton Proper neighborhood is a beautiful area. 
I realize this post is a bit lengthy...but I do want to touch on the 1st quarter for Fishers Real Estate.
If we compare 2010 to 2009 we will see that the number of homes sold in Fishers was almost exactly the same. There were 291 in 2010 and 294 in 2009. We are still substantially behind 2008, but all the indicators in the real estate world are favorable so we should continue to see good news!
The price per square foot was also nearly the same with $94 in 2010 and $95 in 2009.
I think the only "caution" I will put out there is the interest rates. All the indicators for that are saying they will rise over the next few weeks and months. So if you are on the fence on whether to purchase a home, jump off and into the market!
Search homes for sale in Fishers by Neighborhood
Other Northside Blogs (Carmel, Noblesville, and Geist)
Cindy "in Indy" Marchant - Fishers Real Estate Agent
Keller Williams Realty Indy Metro NE
Fishers IN Real Estate Website
317-290-7775
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