Fishers real estate is and will likely remain some of the best selling real estate in the Indianapolis area. The two charts below show what the Fishers real estate market has done as far as number of homes sold and the average selling price YTD for 2008:
|
# of Fishers Homes Sold
|
|||
|
2007
|
2008
|
% Change
|
|
| Jan. |
90
|
65
|
-28%
|
| Feb. |
1036
|
75
|
-27%
|
| Mar |
123
|
122
|
-1%
|
| Apr. |
151
|
103
|
-32%
|
|
May
|
207
|
150
|
-28%
|
|
|
|
|
|
| YTD Avg. |
369
|
274
|
-25.75%
|
And the average selling price:
|
Average Selling Price for Fishers Homes
|
|||
|
2007
|
2008
|
% Change
|
|
| Jan. |
$203,268
|
$212,091
|
4.34%
|
| Feb. |
$215,905
|
$185,718
|
-13.98%
|
| Mar |
$203,249
|
$197,832
|
-2.67%
|
| Apr. |
$197,966
|
$208,949
|
5.55%
|
| May |
$201,034
|
$199,630
|
-0.70%
|
|
|
|
|
|
| YTD Avg. | $204,284 | $200,844 | -1.68% |
The number of homes sold in Fishers is down significantly over last year, however the average sales remains almost the same with a very small decrease. One would expect that with an over 25% decrease in sales activity there would be a significant decrease in sales price as well. However, Fishers seems to be withstanding this soft market and is able to sustain its average sales price far better than other areas of Indianapolis and the country.
All in all, the Fishers Indiana real estate market is not that bad. However, now is a great time to buy a home because there are deals out there and the inventory is high meaning you have lots to choose from.
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Date: 2008-06-26 08:54:34Views: 296