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.
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