Paula Henry

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Fishers Indiana Real Estate Market Report - September 2008

For the month of September, there were 150 homes sold and closed in Fishers Indiana; compared to 157 in July.

The highest price home sold was $790,000.

The lowest priced home sold was $89,900.

The average Days on Market for homes sold was 75 days, up from 65 in July.

The average Fishers home sold was a three bedroom, three bath with 2279 square feet and sold for $225,094.

There are currently 938 homes available for sale in Fishers, which gives us an absorption rate of 6.2 months.

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

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Fishers Real Estate Market Update - August 2008

For the month of August, there were 157 homes sold and closed in Fishers Indiana; one less than July.

The highest price home sold was $727,000.

The lowest priced home sold was $85,000.

The average Days on Market for homes sold was 65 days, up from 64 in July.

The average Fishers home sold was a three bedroom, two bath with 2198 square feet and sold for $208,964.

There are currently 786 homes available for sale in Fishers, which gives us an absorption rate of 5.0 months.

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

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Fishers Real Estate Market Report - July 2008

For the month of July, there were 158 homes sold and closed in Fishers Indiana; 32 more than June.

The highest price home sold was $1,125,000.

The lowest priced home sold was $87,500.

The average Days on Market for homes sold was 64 days, down form 76 in June.

The average Fishers home sold was a three bedroom, two bath with 2338 square feet and sold for $223,310.

There are currently 843 homes available for sale in Fishers, which gives us an absorption rate of 5.33 months.

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

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Fishers Indiana Population Growth

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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Fishers Real Estate Market Report - June 2008

For the month of June, there were 126 homes sold and closed in Fishers Indiana.

The highest price home was $1,070,000.

The lowest priced home sold was $90,480.

The average Days on Market for homes sold was 75 days.

There are currently 873 homes available for sale in Fishers, which gives us an absorption rate of 6.93 months

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

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