Carmel Real Estate Report

Posted Oct 20, 2007 @ 8:10 am, Viewed by 589 Visitors, Read 602 Times.

Carmel Real Estate is a good news bad news situation for September 2007.  The bad news first: the number of Carmel homes sold in September 2007 was down 25.22% over last years sales numbers.  The number of homes sold in Carmel under $600,000 dropped from 115 in September 2006 to 86 in September 2007.

Now for the good news, the average price for a home that sold on the Carmel real estate market in September 2007 was up 10.65% over last year.  September 2006 had an average selling price of $281,254; September 2007 had an average selling price of $311,206 for an average gain of $29,952. 

The average home in Carmel sold for 95% of the asking price and took 77 days to sell in September 2007.  2006 yielded very similar numbers with the average home receiving 97% of the asking price and having 79 days on the market. 

All figures are based on MIBOR search results and are calculated on sold Carmel homes under $600,000

Mike Taylor is the broker/owner of Red Door Real Estate and sells Indianapolis real estate. He specializes in the north side and focuses on Carmel real estate as well as the rest Hamilton County including Fishers real estate.

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Indy Realtor

Indy Realtor Mike Taylor is a resident of Indianapolis and the broker/owner of Red Door Real Estate. Red Door Real Estate is a tech savvy real estate firm serving Indianapolis and employs the latest technology to provide the best results for its clients. Read More

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