Fishers Real Estate News
Fishers Real Estate Report – May 2007
| At a Glance: | ||
|
2007
|
2006
|
% Change
|
| Active: $299,778 | Active: $298,363 | .047 |
| Pending: $222,885 | Pending: $235,209 | -5.23 |
| Sold : $205,709 | Sold : $194,065 | 6 |
| Days on Market: 78 | Days on Market: 78 | |
| Absorption Rate: 5.59 |
Listing:
May 2007 saw 325 new listings get added to the Fishers real estate market. The newly added Fishers homes had an average listing price of $299,778. In May of 2006, there were 388 homes added to the market and the average home in Fishers was listed for $298,363. The number of homes added to the Fishers real estate market was down 16.24% in May 2007, while the average listing price was up $1,415 or .047% over May 2006.
Pending:
In May 2007, Fishers real estate had 205 properties go pending with an average asking price of $222,885. The same month 2006 saw 223 properties go pending with an average asking price of $235,209. That means in 2006 the average home that went pending was $12,324 or 5.23% more than in 2007.
Sold: *
In May 2007, 178 Fishers homes sold with and average sales price of $205,709. The average home took 78 days to sell and received 97% of the asking price. In 2006, 168 Fishers homes closed with an average sales price of $194,065. The average Fishers home in 2006 took 78 days to sell and received 98% of their asking price. The average selling price in 2007 was up $11,644 or 6% over May 2006.
As of 6/12/2007, there are currently 819 properties for sale on the Fishers real estate market. In the past 12 months, 1758 Fishers homes have sold; this means that if no properties are added there is currently a 5.59 months supply of homes on the Fishers real estate market.
*Sold homes are calculated on homes that sold in Fishers for $500,000 or less.
Fishers real estate numbers year to date:
| Month | New List. | Avg. LP | Pending | Avg. LP | Closed | Avg. SP | % SP/LP | Avg DOM |
|
|
|
|
|
|
|
|
|
|
|
Jan
|
346
|
$311,110
|
128
|
$248,606
|
101
|
$204,332
|
96.98%
|
95
|
|
Feb
|
226
|
$300,049
|
135
|
$245,285
|
115
|
$215,894
|
96.79%
|
79.5
|
|
March
|
345
|
$284,308
|
207
|
$237,816
|
140
|
$203,248
|
96.48%
|
79.5
|
|
April
|
360
|
$305,608
|
215
|
$214,079
|
164
|
97.39%
|
74.5
|
|
|
May
|
325
|
$299,778
|
205
|
$222,885
|
186
|
$205,709
|
96.97%
|
80.5
|
|
|
|
|
|
|
|
|
|
|
|
YTD
|
1602
|
$300,171
|
890
|
$233,734
|
706
|
$205,534
|
96.92%
|
81.8
|
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Date: Thursday, July, 5th 2007 @ 08:04:16 AMViews: 314
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