Homes sold in Carmel for the year 2011 compared to 2010 were up 7% which is great news. There were 1324 homes sold in Carmel in 2011 compared with 1234 a year ago.
Nearly every quarter in 2011 outsold the quarters of 2010. Probably the only reason the 2nd quarter lagged was due to all the first time home buyers in 2010 in that time period trying to take advantage of the $8,000 first time home buying credit.
It is good to see amidst all of the negative rhetoric about the declining housing market that at the end of the year we can see our local Carmel Real Estate market exceed the levels of a year ago.
There was some bad news though. The length of time a home for sale in Carmel was on the market was one of those. In 2011, the average was 97 days, the median (most common) was 75 days…so still better than most cities in the country. In 2010, our average days on the market were 88 and the median was 65.
In addition we did see the average price of a home drop to $312,400 from $324,000 a year ago.
The Marchant Team sold 38 homes and our average days were 69; so we typically can sell faster than the average agent in Carmel.
We do this because we have experience in preparing a home for sale (i.e. staging), pricing the home correctly and marketing the home better than most (i.e. IVR system, enhanced website placement, etc).
If you would like to discuss how to sell your home with the Marchant Team, we would love that opportunity; to exceed your expectations.