Real Estate Recovery - Carmel Indiana July Market Report

By
Real Estate Agent with Keller Williams Indy NE 317-290-7775 www.marchantteam.com

Originally posted at My Carmel Blog

Banner month for Carmel Real Estate.  There were 142 homes sold in July of 2011 compared with 125 in July of 2010!  Also great news with the days on market decreasing to 78 from 83 a year ago and the average sale price increasing to $334,600 compared with $332,600 a year ago.Homes sold in Carmel

It is important to at least note that June of 2010 was an extremely heavy month of sale making July of 2010 a bit on the lighter side.  It is important to see this type of increase given the last few months that have lagged behind the 2010 numbers.

The luxury market was fairly consistent with just over 20 homes over $500,000 in Carmel selling in both July of 2010 and 2011.

The most expensive home sold in July of 2011 was for $1,350,000 in Bridlebourne.  It had 7,000 sq ft and an additional 3,000 in the finished basement.  It was on the market for only 51 days!

If you are curious about your home’s value; be sure to fill out our Request for Home Value on our website.  We can usually turn those around within a day.  We can also set you up for a search on your neighborhood so you can watch the activity of the homes coming on the market.

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Carmel Indiana Homes for Sale Carmel Homes for Sale and their Value

Relocating to Indy Vido

 

Cindy “in Indy” Marchant - Carmel Real Estate Agent
Keller Williams Realty Indy Metro NE
Carmel IN Real Estate Website
317-290-7775

CindyMarchant@comcast.net

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Rainmaker
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Kathy Clulow
RE/MAX All-Stars Realty Inc. Brokerage - Uxbridge, ON
Trusted For Experience - Respected For Results

Cindy - The Recovery Train will have no trouble picking up steam in Indiana ..... love all the good news fom your neck of the woods. One has to wonder where the main stream news gets their information

Aug 22, 2011 12:18 PM #1
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