Paula Henry

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Carmel Indiana Real Estate Market Report - September 2008

October 12th, 2008 categories: Carmel Real Estate

For the month of September, there were 89 homes sold and closed in Carmel, compared to 125 homes sold in August.

The highest price home was $1,040,000.

The lowest priced home sold was $239. Yep, that’s $239.00.

The average Carmel home sold was a three bedroom, three bath with 2568 square feet.

The average Days on Market for homes sold was 89 days, up from 85 days last month.

There are currently 864 homes available for sale in Avon, which gives us an absorption rate of 9.7 months.

It is typial for activity to start to decrease this month and continue throughut the winter. We will see less buyers, but there will also be less homes available for sale.

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

Click here for a neighborhood community report.

Keep Track of sales in your Carmel neighborhood:

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Carmel Real Estate Market Update - August 2008

September 16th, 2008 categories: Carmel Real Estate

For the month of August, there were 125 homes sold and closed in Carmel, Indiana. There were 137 sold in July.

The highest price home was $950,000.

The lowest priced home sold was $50,000.

The average Days on Market for homes sold was 70 days, down from 76 days in July.

The average home sold in Carmel was three bedroom, three bath home with 2586 square foot.

There are currently 862 homes available for sale in Carmel, which gives us an absorption rate of 6.89 months

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

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Carmel Real Estate Market Report - July 2008

August 20th, 2008 categories: Carmel Real Estate

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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Fishers Indiana Population Growth

July 10th, 2008 categories: Carmel Real Estate, Fishers Real Estate

Fishers Indiana Not so surprising was news today that the Town of Fishers growth has placed it as the state’s eighth largest community. With a population growth of 27,000 people between 2000 to 2007, Fishers’ growth was twice that of Indianapolis.

The surprising news was the percentage of growth when compared with the average growth of cities in Indiana (2.6%) vs. Fishers (67%). That’s a substantial increase for a town the size of Fishers.

Fishers, Indiana was recently voted the 10th best place to live by CNN Money.

Over 60% of my requests for homes comes from people who are looking in Hamilton County. The requests, in order are for Fishers, Carmel, Noblesville.

Hamilton County is the 25th fastest growing county in the country. Last week Forbes magazine rated Hamilton County as The Best Place to Raise a Family.

The biggest concerns for the population in the area is providing adequate transportation routes. It is not uncommon to find congestion along the 69 as you exit 465, all the way to Noblesville. Fishers is working to develop a rapid transit rail system to Downtown. Carmel is anticipating the completion of the new US 31 to help alleviate congestion in it’s city.

Regardless of which of these cities or towns you choose to live in, in Hamilton County, you will find great schools, parks, shopping and friends.

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Carmel Indiana Real Estate Market Report - June 2008

July 5th, 2008 categories: Carmel Real Estate

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

The highest price home was $1,999,900.

The lowest priced home sold was $60,000.

The average Days on Market for homes sold was 65 days.

There are currently 933 homes available for sale in Carmel, which gives us an absorption rate of 6.86 months

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

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