Indianapolis Real Estate Blog

Carmel has been on a tear this year posting double digit gains in number of homes sold and average selling price. While the tax credit expiring has had an effect on the market, we still saw a 15% increase in the average sales price for July. The number of units was expectedly down by 16% this month over the same time last year but YTD we are still up 19% over last year’s numbers. Here is a look at the YTD numbers for number of homes sold and average selling price:

As expected, the tax credit hangover has officially affected the Fishers real estate numbers in a big way. Here are the YTD stats for all homes for sale in Fishers:

It seems like everyone is talking about the fact that Fishers was named the #8 best place to live by CNN Money.  What I don’t hear as much about is that Carmel is just a few spots back at #14.  That is 2 spots in the top 15 for Hamilton County and that is very impressive!  It is no wonder everybody want to live in Hamilton County!  Great schools, great sense of community, and almost no crime are just a few of the reasons Carmel finds itself in the #14 spot.  In addition, although the housing prices in Carmel are, locally, on the more expensive side, nationally, the home prices in Carmel are ridiculously affordable.  Everyone locally already know Carmel is a very desirable place to live but it is nice to see it continually get national recognition. 

Get ready to pile another national accolade touting Fishers as one of the best places to live in 2010.  CNN Money has named Fishers Indiana the 8th best place to live in the US in their list of best small cities.  This is just another notch in the belt for Fishers which is constantly being recognized as one of the premier place to live, work, and raise a family in the US.  And why not?  Fishers boasts incredibly affordable homes, sensational schools, a great sense of community, and an amazingly family friendly atmosphere.

The CNN article has some good stats about Fishers in general so I thougt I would post a few more details about Fishers homes:

-    There are currently 737 Fishers homes on the market
-    The average asking price is $288,951
-    747

The Geist Lake Coalition is celebrating its annual 4th of July fireworks show the “Blast on the Bridge” this coming Sunday July 4 2010.  This year it looks like the weather is going to cooperate and should be a great night of family fun.  

The Fall Creek bridge will close to vehicle traffic at 5:30 and the Bridge Party starts at 6:00.  There will food and beverage vendors, a boat parade and a water ski show all before the main event.  The fireworks themselves are set to go off at 10:00 pm. 

If you are on the water on in the area and want to browse the real estate for sale, take a look at our Geist waterfront homes and Geist homes pages to see what is available.  Also, if you are looking for waterfront real estate we offer Geist home tours by boat.  

Red Door Real Estate is proud to announce we now offer boat tours for Geist waterfront real estate.  If you are considering purchasing a home on Geist Reservoir, you must experience it from the water as well as by land.  It is a completely different perspective and one that can have a major impact on the buying decision.  

How does the home look from the water?  How much of an idle zone do you have to go through to get to the main body?  How deep and navigable is the canal?  How long will take to get back to your house if you run out of cold beverages on the water :) ?

 
These are all very important factors when considering waterfront properties on Geist.  Plus, it is just more fun to look at homes from a boat.  So, if you are considering a home on the

I hear this a ton when working with buyers looking for homes in Fishers…What neighborhoods or subdivisions in Fishers offer a community pool? Well, now you have you answer. Here is the list of subdivisions that offer community pools in Fishers Indiana with links to homes for sale on the market in those neighborhoods:

Anderson Hall

Auburn Springs

Avalon

Britton Falls

Burberry Place

Conner Creek

Country Fields at Fishers

Covington Estates

Limestone Springs

Meadow Brook

Middleton Place

Muir Woods

North Point

Oak Hall

Plantana

Pleasant View

Rolling Knoll

Rosewood

Royalwood

Sandstone Lakes

Saxony

Sedona

Somerset

South Avalon

Sunblest Farms

Tanglewood

The

I have LOTS to talk about in terms of real estate and homes for sale in the Fishers and Indianapolis area and too little time.   Today, I wanted to touch base on the upcoming expiration of the first time home buyers tax credit.   As you probably know, the current credit now applies to both first time home buyers and existing home owners but you must be under contract by April 30th 2010.  Here are a few good resources with all the details of the program:

http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit

http://www.irs.gov/newsroom/article/0,,id=204671,00.html

http://www.federalhousingtaxcredit.com/home.html

As we saw with the expiration of the last tax credit buyers are flooding the market and homes are selling quickly,

I don’t want to bore my readers to death with yearend reports, but I find them very interesting and a good indicator of how the market is doing. So, today we will look at the Carmel real estate yearend report. First though, I always like to look at the month of December:

Let’s take a look and see how the Indianapolis real estate market did in 2009. Before we dive into the yearend numbers let’s see how December turned out:

Now we can look at the yearend numbers for