Jan. 29, 2009

Fishers Indiana Real Estate Market Reports - December 2008

For the month of December, there were 83 homes sold and closed in Fishers compared to 75 homes sold in November.

Of the 75 homes sold in December, 6 homes were distressed property sales.

  • The average price of all homes sold in Fishers was $213,062.
  • There are no figures for Median price.
  • The highest price home sold was $1,175,000..
  • The lowest priced home sold was $101,000.
  • The average Fishers home sold was a three bedroom, two bath with 2274 sq. ft.

The average Days on Market for homes sold was 82 days, down from 84 days last month.

The highest priced home sold in Fishers was a 5 bedroom, 8 bath new built home at The Horizon. Featuring a finished walk out basement, home theatre room, 4 car garage and 9289 square feet of living space.

The lowest priced home sold was a three bedroom, two and a half bath home in Brooks Chase, with a 2 car garage and 1808 square feet.

There are currently 655 available homes for sale in Fishers, which gives us an absorption rate of 7.9 months.

Average days on market and absorption rate will vary by price range.

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Statistics were obtained from the Metropolitan Indianapolis Board of Realtors (MIBOR) data and are representative of Indianapolis homes which were sold between 12/1/2008 and 12/31/2008. This data is reflective of homes which were listed on the Indianapolis BLC; private sales are not included. All information is believed to be accurate, but is not guaranteed.

Indianapolis Real Estate Blog, written by Paula Henry, an Indianapolis real estate agent and team leader of The Henry Group, an Indianapolis Realtor Team at Red Door Real Estate, serving the Indianapolis and Brownsburg Indiana real estate markets.

Call Paula - 317–605–4174

Posted in Fishers