As your Fishers Realtor, I want to highlight as many neighborhoods as possible for you. It gives you a chance to see what resale and home values look like in the Fishers Real Estate market. Be sure to check out my Fishers monthly market reports detailing the activity in our area.
Sumerlin Trails is located off of 121st just west of Hoosier Road; there is also a newer area being built by Westport homes off of Hoosier Road. Together these two area of Sumerlin Trails has 376 homes.
I want to focus primarily on the older neighborhood of Sumerlin Trails.
There are currently four active homes in this division with an average price per sq ft of $75 and an average DOM (days on market) of 88 days. There are six pended at $80/sq ft and an average of 33 DOM. This price point in Fishers is flying off the shelves right now. The solds for the last year are 12 with an average price per sq ft of $74 and 71 DOM. That tells us that the absorption rate is less than 90 days which is a GREAT resale area.
They are mostly three bedroom homes without basements. The popularity of this neighborhood is probably because it has a treed lined area and their is a nice mix of ranches and two story homes that makes it feel less cookie cutter. Their sq ft varies greatly from 1500 to over 2300. It is a more mature neighborhood with trees and winding roads. The only catch is that the west side of the neighborhood can hear I69 traffic on a clear day.
The newer side of Sumerlin Trails off of Hoosier Road is a little less popular with an absorption rate closer to six months. The average price per sq ft of the actives is about $82. The street names in this newer area are Cool Winds, Schoolhouse and Long Lake.
If you are curious about other neighborhoods in Fishers, read the additional posts I've written.
I am currently working with Jennifer and we've found one in this neighborhood that fits her criteria. Watch for her on our home page of the Fishers Real Estate Website. She is a first time home buyer and will be enjoying the $8,000 tax credit soon! Be sure to click on the tab on our tool bar above if you are not aware of the tax credit for first time homebuyers!
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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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