Carmel Real Estate Market Report - July 2008
For the month of July, there were 137 homes sold and closed in Carmel, Indiana. There were 136 sold in June.
The highest price home was $1,650,000.
The lowest priced home sold was $62,300.
The average Days on Market for homes sold was 76 days, up from 65 days in June.
The average home sold in Carmel was three bedroom, three bath home with 2764 square foot.
There are currently 890 homes available for sale in Carmel, which gives us an absorption rate of 6.49 months.
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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 Indianapolis homes which were sold between 7/1/2008 and 7/31/2008. 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 Realtor and team leader of The Home to Indy Team at Keller Williams Realty, serving the Indianapolis and Carmel Indiana real estate markets.
Call Paula - 317–605–4174