Paula Henry

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Carmel Real Estate Market Report - July 2008

For the month of July, there were 137 homes sold and closed in Carmel, Indiana. There were 136 sold in June.

The highest price home was $1,650,000.

The lowest priced home sold was $62,300.

The average Days on Market for homes sold was 76 days, up from 65 days in June.

The average home sold in Carmel was three bedroom, three bath home with 2764 square foot.

There are currently 890 homes available for sale in Carmel, which gives us an absorption rate of 6.49 months

Average days on market and absorption rate will vary by price range.

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