Carmel Indiana Housing Report November 2009
By Matt Borushko, Carmel, Fishers and Noblesville Realtor
(Keller Williams Realty)
The housing market for November showed some very positive signs for home sellers in November. There was actually a shortgage of homes in a first time buyer price range which led to bidding wars and multiple offers on those homes which were priced right and in good condition. Here are some of the vital statistics: 588 Active Listings with avg list price of $525,00 90 Sold Homes with avg sales price $331,000 88 Pendings 200-400K price range 64 sales and 56 pendings or roughly 2/3 of the market! The first time buyer credit made a huge impact on home sales and prices in the 200-300K price range. To put things in perspective I looked at this price range and compared Novembers numbers to both October 09 and also November 2008. In October 2009 in this price range 31 homes were closed and anot...