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Fishers, Indiana Real Estate Facts

By
Real Estate Broker/Owner with Brad Baxter, Weichert, Realtors - McDonald-McKinney

Fishers, Indiana Real Estate Facts

There are currently 751 homes "Active" for sale in Fishers, Indiana (Fall Creek Township and Delware Township).

127 Homes "Pended" in the last 30 days!

112 Homes "Sold" in the last 30 days ranging from $76,000 up to $926,000.  The average "days on market" is 90 and the average "sales price" is $219,000.

Abosorption rate is calculated by taking the total number "Active" homes for sale and dividing by the total number of "pending" homes from the last 30 days.  This gives us the total number of "months of inventory" available.

751 / 127 = 5.9 months of inventory

What can we learn from this current data?  Well, first of all, 90 days on average to sell a home in today's market does not sound too bad!  Second, Fishers has a higher average sales price than the Indianapolis Metro market area which is closer to $150,000.

Most importantly, you can not sell your home if it is not on the market!  Contact me today if you would like more specific information about your home and neighborhood.

                                                                                 

House for sale

Posted by

Brad Baxter, Broker/Owner, Weichert,Realtors-McDonald-McKinney

Mobile: 317-501-3202

Office: 317-558-3303

Email: Brad@BradBaxter.com

Indianapolis Home Search

Specializing in Residential Real Estate in Hamilton & Marion Counties Indiana. Homes for sale in Indianapolis, Fishers, Fortville, McCordsville, Geist, Noblesville, Morse, Carmel, & Westfield

Show All Comments Sort:
Diane McDermott
Realtor®, GRI, Landis e2 Real Estate, LLC - Charlotte, NC
Charlotte NC Real Estate Market

Brad, sounds like there's movement in your area's market and a variety of price points for homes that are closing

May 05, 2011 10:01 AM