Carmel Real Estate - Market Report December 2009

By
Real Estate Agent with Red Door Real Estate

Here is a look at the Carmel real estate market stats for December 2009:

 
2008
2009
% Change
Active
N/A
649
Homes Sold
79
87
10%
Average Selling Price
$361,035
$327,086
-9%
Days on Market
79
95
20%
Price Per Square Foot
$114
$113
-1%
Sales Price / List Price
94%
95%
1%


Carmel is on a 4 month tear as far as the number of units sold post it 4th straight double digit increase. The bad news is that the increase in volume didn’t lead to an increase in average sales price this month. To be fair, we did see the two previous month’s post a 13% and 7% increase in average sales price as compared to the same months a year prior. Overall, the Carmel market still appears to have strong fundamentals and it looks like the demand is still strong and hopefully poised for a recovery.

If you are thinking about purchasing or selling a home in Carmel, visit our Carmel homes page for more info about Carmel Indiana and to search all homes available. You may also want to visit West Clay homes or Bayhill homes in Carmel.

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Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Nice report. Keep up the good work and have an outstanding year.

Jan 21, 2010 09:53 PM #1
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