Originally Posted at My Fishers Blog
Time to report on the Fishers Real Estate Market!
This is the second straight month where we are exceeding our 2010 numbers. In August 2011, there were 150 homes sold in Fishers compared with 130 a year ago. Even the luxury market in Fishers (over $500,000) improved to 7 sold in August 2011 compared with 5 a year ago.
The days on market were a tad higher at 76 versus 74 a year ago; but wouldn’t it be great to sell your home in 76 days! There are a lot of homes well over 90 in our market. The price per square foot was up just a bit to $95/sq ft from $94/sq ft a year ago.
One of the tidbits for the August report is a bank owned home in the Hawthornes out in Hamilton Proper that sold for $752,000 in August; it had sold for $1.1 million in 2005…sign of the times.
The most expensive home that sold in Fishers was in Breakwater; a really cute neighborhood that is within walking distance to the shops and restaurants at the Marina in Geist. It was 10,000 sq ft and was on the market only 39 days and sold for $2.2 Million
Neighborhoods with great activity this month were Avalon (5), Brookston (5), Sandstone (5), Tanglewood (5) and the big winner Sunblest with 8 homes sold in just August. I sold two of those.
Happy to be back writing and thank all of you for your notes about why I wasn’t posting…nice to know I’m being read. Remember when you are considering selling your Fishers home or buying a Fishers home, I’d like to be the one to help you do that!