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        <atom:link href="http://www.reddoorindy.com/blog/tags/noblesville-homes-for-sale/rss/" rel="self" type="application/rss+xml" />
        <title>Indianapolis Real Estate Blog</title>
        <link>http://www.reddoorindy.com/blog/tags/noblesville-homes-for-sale/</link>
        <description>A local Indianapolis real estate blog by Red Door Real Estate keeping you up to date on all Indianapolis and surrounding areas real estate news.</description>
        <item>
            <guid>http://www.reddoorindy.com/blog/noblesville-homes-for-sale-market-report-february-2012.html</guid>
            <link>http://www.reddoorindy.com/blog/noblesville-homes-for-sale-market-report-february-2012.html</link>
            <author>mtaylor@reddoorindy.com (Mike Taylor)</author>
            <title>Noblesville Homes For Sale Market Report February 2012</title>
            <description> <![CDATA[ 
Today lets take a look at how the Noblesville homes for sale market is doing in 2012 so far.  Here are some detailed number for homes sold in Noblesville Indiana for February 2012:



  
    
      
&nbsp;

      

2011


      

2012


      

% Change


    
    
      
Active

      

N/A


      

543


      




    
    
      
Homes Sold

      

59


      

58


      

-2%


    
    
      
Average Selling Price

      

$158,622 


      

$158,773 


      

0%


    
    
      
Days on Market

      

128 


      

105 


      

-18%


    
    
      
Price Per Square Foot

      

$70 


      

$78 


      

11%


    
    
      
Sales Price / List Price 

      

96%


      

95%


      

-1%


    
  



&nbsp;


And our 3 year chart with YTD information for Noblesville Indiana:



  
    
      
&nbsp;

      

Number of Homes Sold 


      



          

      

Average Sales Price 


      
&nbsp;

    
    
      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

    
    
      
&nbsp;

      

2010


      

2011


      
2012

      

% Change


      

2010


      

2011


      

2012


      

% Change


    
    
      
&nbsp;

      



          

      



          

      
&nbsp;

      



          

      



          

      



          

      
&nbsp;

      



          

    
    
      
Jan.

      
40

      
50

      
67

      
34%

      
$165,004

      
$173,774

      
$168,702

      
-3%

    
    
      
Feb.

      
79

      
59

      
58

      
-2%

      
$179,219

      
$158,622

      
$158,773

      
0%

    
    
      
March

      
109

      
68

      
&nbsp;

      
&nbsp;

      
$165,550

      
$167,254

      
&nbsp;

      
&nbsp;

    
    
      
April

      
124

      
93

      
&nbsp;

      
&nbsp;

      
$170,073

      
$177,989

      
&nbsp;

      
&nbsp;

    
    
      
May

      
129

      
105

      
&nbsp;

      
&nbsp;

      
$174,792

      
$195,022

      
&nbsp;

      
&nbsp;

    
    
      
June

      
110

      
96

      
&nbsp;

      
&nbsp;

      
$187,358

      
$190,528

      
&nbsp;

      
&nbsp;

    
    
      
July

      
71

      
76

      
&nbsp;

      
&nbsp;

      
$217,593

      
$189,303

      
&nbsp;

      
&nbsp;

    
    
      
Aug.

      
89

      
116

      
&nbsp;

      
&nbsp;

      
$190,998

      
$182,668

      
&nbsp;

      
&nbsp;

    
    
      
Sept.

      
80

      
71

      
&nbsp;

      
&nbsp;

      
$164,720

      
$168,678

      
&nbsp;

      
&nbsp;

    
    
      
Oct.

      
67

      
66

      
&nbsp;

      
&nbsp;

      
$200,645

      
$198,173

      
&nbsp;

      
&nbsp;

    
    
      
Nov.

      
79

      
52

      
&nbsp;

      
&nbsp;

      
$170,896

      
$178,348

      
&nbsp;

      
&nbsp;

    
    
      
Dec.

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

    
    
      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

    
    
      
Totals

      
977

      
852

      
125

      
$168,217

      
$181,512

      
6.86%

      
&nbsp;

      
-9

    
  



&nbsp;


And our price graph:





&nbsp;


The Noblesville Indiana real estate market is hopefully following the trend we are seeing with the other areas we have already looked at this month.  January started out with a bang showing 34% more homes selling in 2012 vs. 2011.  However, February backed off and the number of homes sold in February 2012 is almost exactly the same as last year.  The average sales price is relatively unchanged for the 2012 market so far. 


  The foreclosure market in Noblesville is a bit more active than its neighbors of Fishers and Carmel.  29% of all the homes sold in Noblesville are a result of foreclosures or short sales in 2012.  This is most likely due to the fact that Noblesvilles prices tend to cater to first time home buyers.  Overall, the Noblesville Indiana real estate market is not bad; the absorption rate is still pretty manageable with a 6.79 months supply of homes currently on the market.  These super low interest rates should help drive new homeowners into the market and hopefully provide a boost the market.

 ]]> </description>
            <pubDate>Fri, 16 Mar 2012 13:11:51 -0400</pubDate>
                    </item>
        <item>
            <guid>http://www.reddoorindy.com/blog/noblesville-indiana-homes-for-sale-market-report-november-2011.html</guid>
            <link>http://www.reddoorindy.com/blog/noblesville-indiana-homes-for-sale-market-report-november-2011.html</link>
            <author>mtaylor@reddoorindy.com (Mike Taylor)</author>
            <title>Noblesville Indiana Homes for Sale - Market Report November 2011</title>
            <description> <![CDATA[ 
Time to finish up Hamilton County for the November 2011 market reports with our look at the Noblesville Indiana real estate market:



  
    
      
&nbsp;

      

2010


      

2011


      

% Change


    
    
      
Active

      

N/A


      

570


      




    
    
      
Homes Sold

      

79


      

52


      

-34%


    
    
      
Average Selling Price

      

$170,896 


      

$178,348 


      

4%


    
    
      
Days on Market

      

94 


      

83 


      

-12%


    
    
      
Price Per Square Foot

      

$81 


      

$82 


      

1%


    
    
      
Sales Price / List Price 

      

95%


      

96%


      

1%


    
  




Our Noblesville homes for sale YTD numbers:



  
    
      
&nbsp;

      

Number of Homes Sold 


      



          

      

Average Sales Price 


      
&nbsp;

    
    
      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

      
&nbsp;

    
    
      
&nbsp;

      

2009


      

2010


      
2011

      

% Change


      

2009


      

2010


      
2011

      

% Change


    
    
      
&nbsp;

      



          

      



          

      
&nbsp;

      



          

      



          

      



          

      
&nbsp;

      



          

    
    
      
Jan.

      
60

      
40

      
50

      
25%

      
$178,032

      
$165,004

      
$173,774

      
5%

    
    
      
Feb.

      
53

      
79

      
58

      
-27%

      
$154,611

      
$179,219

      
$158,860

      
-11%

    
    
      
March

      
87

      
109

      
68

      
-38%

      
$152,761

      
$165,550

      
$167,254

      
1%

    
    
      
April

      
81

      
124

      
93

      
-25%

      
$154,879

      
$170,073

      
$177,989

      
5%

    
    
      
May

      
91

      
129

      
105

      
-19%

      
$156,765

      
$174,792

      
$195,022

      
12%

    
    
      
June

      
115

      
110

      
96

      
-13%

      
$180,518

      
$187,358

      
$190,528

      
2%

    
    
      
July

      
104

      
71

      
76

      
7%

      
$189,227

      
$217,593

      
$189,303

      
-13%

    
    
      
Aug.

      
100

      
89

      
116

      
30%

      
$180,490

      
$190,998

      
$182,668

      
-4%

    
    
      
Sept.

      
108

      
80

      
71

      
-11%

      
$170,742

      
$164,720

      
$168,678

      
2%

    
    
      
Oct.

      
99

      
67

      
66

      
-1%

      
$162,516

      
$200,645

      
$198,173

      
-1%

    
    
      
Nov.

      
99

      
79

      
52

      
-34%

      
$158,760

      
$170,896

      
$178,348

      
4%

    
    
      
Dec.

      


      


      


      


      


      


      


      
#DIV/0!

    
    
      


      


      


      


      


      


      


      


      


    
    
      
Totals

      
997

      
977

      
851

      
-2.01%

      
$168,217

      
$179,754

      
$181,555

      
6.86%

    
  




And our 3 year price graph for Noblesville:






  We saw a pretty drastic decrease in sales activity for Noblesville Indiana homes for sale in November 2011 with a 34% decrease in the number of homes sold.  Despite this, the average sales price actually rose 4% for the same time period.  If we pull back and look at the year to date numbers, we see a more reasonable decrease of 2% in the number of homes in Noblesville sold as compared to last year while we still see an increase of 6% in the average sale price.  Noblesville only has 7 month supply of homes on the market which is indicative of a healthy market.  However, Noblesville is more plagued with distressed properties than any other area of Hamilton County with more than &frac14; of all sales involving either foreclosures or short sales


 ]]> </description>
            <pubDate>Thu, 15 Dec 2011 09:33:53 -0500</pubDate>
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