Carmel Real Estate Market Report 2008
Here is a look at the yearend market report for Carmel Indiana real estate for 2007 vs. 2008 for both the number of homes sold as well as the average sales price:
Homes Sold in Carmel 2007 vs. 2008:
Selling Price in Carmel 2007 vs. 2008:
As you can see, overall the Carmel market is not doing too badly. There is a pretty significant decrease in the number of homes sold, 20% less at the year’s end. However, despite the crazy graph that is all over the place, the average sales price settled at only a 4% decrease over last year. In this market, that is quite good and a pretty strong indicator that Carmel’s real estate market is still quite strong…relatively.
Michael Taylor is the broker/owner of Red Door Real Estate. You can see our Indianapolis real estate site for more information about the services we provide for buyers and sellers. Carmel is a popular suburb just north of Indianapolis offering great schools and a family friendly environment. A few of Carmel’s larger and more popular neighborhoods include: West Clay, The Bridgewater Club, and Plum Creek.