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Fishers Real Estate

Local information, market reports, and subdivision information for all things Fishers Indiana Real Estate and Homes for Sale.

There are currently 19 blog entries related to this category.

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First time home buyer tax credit Fishers and Indianapolis 2010

Friday, February 5th, 2010 at 8:50am. 2103 Views, 0 Comments.

I have LOTS to talk about in terms of real estate and homes for sale in the Fishers and Indianapolis area and too little time.   Today, I wanted to touch base on the upcoming expiration of the first time home buyers tax credit.   As you probably know, the current credit now applies to both first time home buyers and existing home owners but you must be under contract by April 30th 2010.  Here are a few good resources with all the details of the program:

http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit

http://www.irs.gov/newsroom/article/0,,id=204671,00.html

http://www.federalhousingtaxcredit.com/home.html


As we saw with the expiration of the last tax credit buyers are flooding the market and homes are selling

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Fishers Real Estate - End of Year Report 2009

Monday, January 11th, 2010 at 3:03pm. 1411 Views, 0 Comments.


It time to look back at the Fishers real estate market and see how it compared to 2008. First though, let’s take a look at the month of December:

  2008 2009 % Change
Active N/A 544
Homes Sold 92 75 -18%
Average Selling Price $212,469 $204,072 -4%
Days on Market 85 59 -31%
Price Per Square Foot $91 $90 -1%
Sales Price / List Price 94% 97% 3%

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Fishers Indiana Foreclosures

Monday, December 28th, 2009 at 4:58pm. 1878 Views, 0 Comments.

Since everybody is always so interested in Fishers foreclosures and Fishers Indiana short sales, I thought it might be interesting to do a side by side comparison of active, pending, and sold homes in Fishers vs. foreclosures, short sales etc. On the left will be all Fishers homes and on the right will be all homes in Fishers that are distressed (bank owned, short sales, HUD, and VA) and the solds will be from 6/1/2009 to today:

 All Fishers Real Estate Distressed
# Active homes56873
Average asking price$291,119$287,381
Asking $/ Sq. Ft.$107$91
# Pending homes10731
# Sold

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Fishers Indiana Market Update - November

Monday, December 14th, 2009 at 4:59pm. 2110 Views, 0 Comments.


Here are the number for Fishers IN homes that sold in November 2009:

  2008 2009 % Change
Active N/A 593
Homes Sold 73 100 37%
Average Selling Price $208,846 $194,448 -7%
Days on Market 84 66 -21%
Price Per Square Foot $91 $94 3%
Sales Price / List Price 96% 97% 1%


As always I like to include YTD numbers for some perspective:

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Fishers Real Estate - Average Sales Price 2008 vs. 2009

Tuesday, August 25th, 2009 at 3:50pm. 2152 Views, 1 Comments.

This is just a quickie, but I since we do sell lots of Fishers real estate I wanted to post this graph I recently put together showing the average sales price for Fishers 2008 vs. 2009:

 

fishers-market-july_550 


I am not sure one can surmise too much from this other than the average selling price is not that far off from the 2008 levels and in some cases it is higher.  Let’s hope the last few months of the first time home buyer tax credit will help the Fishers real estate market finish strong.    

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The Bristols Homes For Sale in Fishers Indiana

Thursday, August 20th, 2009 at 7:34am. 2537 Views, 0 Comments.

This is a look at what happened on the Fishers real estate market for The Bristols as of August 2009, if you would like more up to date information or want to see the current inventory; visit The Bristols homes for sale Fishers page.

Today I wanted to look at one of the larger and more popular subdivisions in Fishers, The Bristols. The Bristols is a popular Fishers community located at the northwest corner of 126th and Brooks School roads. The Bristols neighborhood has all the street names named after football teams and terminology. For example you will find streets like Cowboys Court and Touchdown Drive.

What I am really interested in is how is The Bristols selling right now and what is the average sale price doing compared to last year?

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Geist Waterfront Homes | Year End Report

Monday, February 23rd, 2009 at 8:22am. 1701 Views, 0 Comments.

Here is a look at the yearend numbers for Geist waterfront homes for 2007 vs. 2008:

  2007 2008 % Change
Active N/A 37
Homes Sold 21 17 -19%
High Selling Price $1,375,000 $2,000,000 45%
Low Selling Price $384,700 $300,000 -22%
Average Selling Price $752,540 $882,234 17%
Days on Market 67 133 99%
Price Per Square Foot $243

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First-Time Homebuyer Tax Credit - Indianapolis

Wednesday, February 18th, 2009 at 8:01am. 1510 Views, 0 Comments.

Someone sent me this summary of the new tax credit for first time home buyers:

first-time_2199

There were talks of a $15,000 tax credit that would be available to anyone, but that part got squashed last week.  The major differences in this credit are the tax credit was increased to $8,000 and does not require repayment unless the home is sold within 3 years.  The previous tax credit was basically an interest free loan that required repayment over a 15 year period.

Will this new tax credit help stimulate the housing market even more than the first round?  I suspect this might get some people off the fence, but overall I think it will just be people who were already in the market for a home who will benefit from this.  We will see.  Obama is also supposed to announce

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Fishers Indiana Real Estate Year End Report

Thursday, February 5th, 2009 at 10:41am. 1595 Views, 1 Comments.

We all know that Fishers real estate is among Indianapolis’ hottest areas so let’s take a look at what that means as far as the numbers go. Below is a year end, month by month, report of the number of homes sold and their corresponding average sales price for homes sold in Fishers Indiana:

  Number of Homes Sold
Average Sales Price  
       
  2007 2008 % Change 2007 2008 % Change
 





Jan. 93 69 -25.81% $218,528

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