Fishers Indiana Real Estate Report - July 2008
By Michael Taylor
(Red Door Real Estate)
Here are the numbers for the Fishers Indiana real estate market for July 2008 for homes under $500,000: 2007 2008 % Change Active N/A 753 Homes Sold 180 146 -19% Average Selling Price $207,761 $207,900 0% Days on Market 66 64 -3% Price Per Square Foot $96 $92 -4% Pretty much the same old story; the number of homes sold is down 19% over last year but that doesn’t seem to affecting the average sales price which remains almost exactly the same. This really just goes to show that the Fishers real estate market is still quite strong. Despite a relatively significant decrease in the amount of homes sold, demand remains high enough to support sales prices comparable to last year. In addition, homes are taking 2 days less to less to sell on average than last year. While it is still a buyer’s...