Homes for sale in Carmel IN – 4th Qtr 2011
The market stayed steady in terms of average days on market, with 102 average days in 2011 and 100 average days in 2010. Homes for sale in Carmel IN compare favorably. The 2011 4th quarter real estate numbers for Carmel show a significant drop in the number of listed properties, falling from 294 properties for sale at the close of 2010 to only 201 listed at the end of 2011. However, there was an increase in the number of sold homes, with 258 homes selling in the 4th quarter of 2011 and 203 in 2010. On average, homes sold for less in the 4th quarter of 2011 ($323,759) compared to 2010, where the average sales price was $338,905.
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CarmelReal Estate Statistics— 4th Quarter, October – December 2011
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| 4th Quarter 2011 | 4th Quarter 2010 | % Change | |
| Listed homes | 201 | 294 | -46% |
| Sold listings | 258 | 203 | 22% |
| Pending listings | 74 | 79 | -6% |
| Average Sales Price | $323,759 | $338,905 | -4% |
| Low Sales Price | $37,500 | $43,000 | -14% |
| High Sales Price | $2,360,000 | $3,000,000 | -27% |
| Average Days on Market | 102 | 100 | 2% |
| Average List Price to SalePrice | 94% | 94% | 0% |
Source: MIBOR, October 1-December 31, 2011
- This information is deemed reliable but not guaranteed.
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