Special offer

Fishers Indiana Market Report - October 2009

By
Real Estate Agent with Red Door Real Estate

Here is what happened for real estate in Fishers Indiana for October 2009:

 
2008
2009
% Change
Active
N/A
628
Homes Sold
102
98
-4%
Average Selling Price
$226,175
$217,582
-4%
Days on Market
90
77
-14%
Price Per Square Foot
$98
$95
Sales Price / List Price
96%
97%
1%


Well, considering the tax credit coming to an end; I expected to see a big increase in these numbers. I might be able to justify a decrease in the average sales price because the first time home buyer should be purchasing the less expensive homes on the market. However, I am shocked to see a decrease in the number of homes. Until this tax credit crunch is behind us, we really won’t be able to get a good grasp on the market.
If you are look to buy or sell a home, please visit our Fishers homes for sale website for more information. You may also want to look at our Fishers Indiana neighborhoods page or our real estate in Indianapolis website.