Carmel Indiana Home Sale Review - September 2008

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.

Search All Carmel Indiana Homes for Sale

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

Statistics were obtained from the Metropolitan Indianapolis Board of Realtors (MIBOR) data and are representative of Carmel Homes which were sold between 1/1/2009 and 1/31/2009. This data is reflective of homes which were listed on the Indianapolis BLC; private sales are not included. All information is believed to be accurate, but is not guaranteed.

Indianapolis Real Estate Blog, written by Paula Henry, an Indianapolis real estate agent and team leader of The Home to Indy Team, serving the Indianapolis and Carmel Indiana real estate markets.

Call Paula - 317–605–4174