Carmel Home Sales
Carmel, Indiana Homes for Sale is a popular search for home buyers in the Indianapolis area and Carmel, Indiana is noted as having some of the most expensive real estate in Indianapolis, excluding waterfront properties and some downtown condos. With 849 currently active Carmel homes for sale through the MLS, there is sufficient inventory available, but which homes are selling? Let’s take a look at what the Carmel Real Estate numbers for August tell us if you are trying to sell your home. What price range is selling and how long might it take? Remember, these are averages! CARMEL –...
For the month of January, there were 61 homes sold and closed in Carmel, compared to 90 homes sold in December. Of the 61 homes sold in January, 3 were distressed sales, all bank owned properties. The average price of all homes sold in Carmel was $347,504 The Median price was was not provided. The highest price home sold was $1,400,000. The lowest priced home sold was $84,750. The average Carmel home sold was a 3 bedroom, 3 bath with 2705 square feet. The average Days on Market for homes sold was 89 days, up from 86 days last month. The highest number of days on market was 243 days. There are currently 846 homes available for sale in...
For the month of December, there were 90 homes sold and closed in Carmel compared to 64 homes sold in November. Of the 90 homes sold in December, 15 homes were distressed property sales. The average price of all homes sold in Carmel was $341,942. There are no figures for Median price. The highest price home sold was $1,615,000. The lowest priced home sold was $46,000. The average Carmel home sold was a three bedroom, three bath with 2765 sq. ft. The average Days on Market for homes sold was 86 days, up from 74 days last month. The highest priced home sold in Carmel in December was a country estate located at 106th and Meridian....
Back in May, I read an article which prompted me to write a post after researching the average price of homes in two Indianapolis suburbs from the the years 2002–2008. I used data for Avon and Carmel. My point was to prove there was not a 10% decrease in property values on average. You can read the article here. At the time I calculated the year on year averages, I had to stop at May 28th of each year. I decided to go back and calculate how we did the rest of the year from June through December, 2002–2008. According to...
For the month of November, there were 64 homes sold and closed in Carmel compared to 69 homes sold in October. Of the 64 homes sold in November, 6 home were distressed property sales. The average price of all homes sold in Carmel was $294,796. There are no figures for Median price. The highest price home sold was $844,262. The lowest priced home sold was $41,500. The average Carmel home sold was a three bedroom, three bath with 2593 sq. ft. The average Days on Market for homes sold was 74 days, down from 81 days last month. There are currently 781 available homes for sale in Carmel, which gives us an absorption rate of 12.2 months. Search All...
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. Search All Carmel Indiana Homes for Sale Average days on market and absorption rate will vary by price range. Search...
