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Carmel Home Sales Rise 19.1 Percent in 2012

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It would be fair to characterize the Carmel real estate market as a microcosm of the Central Indiana real estate market, which is to say it was a whole lot better in 2012 compared to 2011. What a difference a year makes, indeed. A total of 1,569 Carmel homes were sold in 2012, or 19.1 […]

Carmel Listings Fall 10.8 Percent in November, 2012

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The Carmel real estate market didn’t fare so well in November, 2012. Not that there weren’t some improvements, but overall, the market was down not only versus the previous month, but last year as well. Total sales, for example, fell 10.7 percent, from 112 closings in October to 109 in November. But compared to last […]

Carmel Real Estate Market Shows Solid Gains in October, 2012

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The Carmel real estate market didn’t look especially great in October, 2012 versus the previous month. But compared to where the market was this same time 1 year ago, some solid gains were realized. Total sales, for example, fell 19 percent, from 137 closings in September to 111 in October. But versus last October’s total […]

Carmel Listings Down 3rd Consecutive Month in September, 2012

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While it wasn’t obvious at first, the Carmel real estate market improved in September, 2012. Sure, the 133 closings that took place in September represent a 26.9-percent decrease in total sales. But September typically marks the beginning of a seasonally-induced slow-down throughout most of Central Indiana real estate markets, including Carmel. What is pleasantly surprising […]

Carmel Real Estate Market Sees Little Improvement in June, 2012

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It might take some squinting at the data, but a close look at the Carmel real estate market stats for June shows several improvements were realized in June. The market posted a nice 4.6-percent improvement in total sales, as a total of 183 closings took place in June versus the previous month’s total of 175. […]

Carmel Homes Fetch Average $317,000 Price in May, 2012

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Overall, the Carmel market showed some nice improvements in May, 2012. But first the bad news: Total pending sales fell 22 percent, from 177 in April to just 138 in May. That said, this represents a 0.7-percent increase compared to last May, which by the way, translates into an actual difference of just 1 pending […]

Carmel Real Estate Market Sees 9-Percent Sales Increase in April, 2012

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An unmistakable improvement could be seen in the Carmel real estate market in April, 2012—and with winter a thing of the past, one would certainly hope so. Starting with total listings, there were 730 Carmel homes for sale, or 0.6 percent more, compared to the previous month’s total of 726. Moreover, versus last April’s total […]

Carmel Real Estate Market Sees Some Improvement in January, 2012

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Another very positive development had to do with the total number of homes for sale in Carmel. Not only does January’s total of 610 represent a 0.7-percent decrease versus the previous month’s total of 614, but more importantly, it is a 17.2-percent decrease versus last January’s total of 737—something any Carmel seller through be thrilled […]

Carmel Home Sales Rise 40 Percent in November, 2011

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Anyone who works in real estate knows the market doesn’t need any more inventory. Fortunately, the total number of homes listed on the Carmel real estate market fell 8.8 percent, from 764 in October to 697 in November. Compared to the 4.1-percent drop in the number of homes for sale in Indianapolis Indiana this is […]

Carmel Sees Big Decreases in Total Sales – July 2010

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The Carmel real estate market followed suit with a majority of other central Indiana towns that saw significant decreases in total sales, albeit to a somewhat lesser extent. The total number of homes sold dropped 26.8 percent, from 149 in June to 109 in July, 2010. This is a smaller decrease of just 16.8 percent […]

Total Carmel Homes for Sale Reaches 15-Month High in June, 2010

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Things were not as bad for the Carmel real estate market in June compared to May, when total pending sales shrank by 45 percent. Perhaps still feeling the effects of the recently expired federal tax credit for new home purchases, in June, 2010 total pending sales fell just 10 percent from the previous month’s total […]

Time Spent on Carmel Real Estate Market Drops to 15-month in May, 2010

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What stood out most about the Carmel real estate market in May, 2010 was how little it stood out from so many other towns and cities in central Indiana in the statistical categories of close sales, pending sales and listings. Starting with the total number of homes sold, there was an increase of 3.3 percent […]

Carmel Real Estate Market Looks Well-Balanced in April, 2010

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From a supply-demand standpoint the Carmel real estate market was looking pretty balanced in the month of April, 2010. Starting with sales, the total number of homes sold rose from 93 in March to 113 in April for a 21.5-percent increase. Compared to April of 2009 when there were just 74 sales this is a […]

Average Price Reaches 15-Month High for Carmel Homes in March, 2010

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The average ‘sold’ price in March for Carmel homes reached a 15-month high of $403,000. Not only is this a 23-percent increase over February’s average ‘sold’ price of $327,000 but it is an impressi ve 41.4-percent increase over last March’s average price of $285,000. While sellers received higher average prices for their homes the total […]

Mike Woods