Fishers Indiana Real Estate Year End Report

We all know that Fishers real estate is among Indianapolis’ hottest areas so let’s take a look at what that means as far as the numbers go. Below is a year end, month by month, report of the number of homes sold and their corresponding average sales price for homes sold in Fishers Indiana:

I hope to be adding some fancy new graphs soon, but that will have to wait until I can figure it out completely.

So what does this “buyers market” look like in Fishers? Well, not so bad actually compared to other parts of the country. We do see a drop off of 11% fewer homes sold in 2008 vs. 2007. However, we only see a 2% decrease in the average selling price. Any decrease is bad, but in this market a 2% decrease is phenomenally good.

In addition to the sold data, these stats are also relevant to look at:
- There are currently 645 homes on the market right now.
- The current average asking price is $302,962.
- The average home has been on the market for 108 days.
- The average asking price per square foot is $111.
- There are currently 69 homes pending.
- The average pending home is listed for $90 / sq. ft. and has been on the market for 95 days.

What does all this mean? Well, it means that although no market is immune from the housing crisis, Fishers real estate is weathering the storm quite well. Fishers, and the rest of Hamilton County, should be among the first to emerge from this current downward trend and still remains a safe place to invest in a home.

If you are looking for a home Fishers, please visit our Fishers real estate page to view and search all homes for sale in Fishers. We have highlighted some of the larger and more popular neighborhoods such as Gray Eagle, Avalon, and Sunblest Farms. You may also want to visit our Geist real estate page.