May 10, 2009
Carmel Real Estate Market Report - Q1 2009
Carmel Indiana Real Estate Statistics for the first quarter of 2009
- Average price increased in Carmel from $384,000 – $411,000 on a week to week basis
- Inventory was reduced from 670–626 single family homes
- Median new listings ended higher than the number of homes absorbed.
- Average Days on Market for active listings increased from 159–186
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Carmel
It will be interesting to see how the tax credit and other programs impact the 2nd quarter. Sales are picking up in the greater Cincinnati market- for homes priced for sale. ksk