Continued - Lower Mortgage Interest Rates are now as low as 3.75% for FHA 30 Year Mortgages AND 4.00% for Conventional 30 Year Mortgages.
Here are the Updated Waterfront Sales Stats for December in Central Indiana. Look them over to see the current selling trends. If you are curious about the recent sales in a specific neighborhood or in a different area, just let me know.
Northern Marion County - Waterfront Only - Single Family Homes - December
31, 2011
|
Northern
Marion County |
New
Listings |
Sold
Listings |
Average
Sales Price |
Average
DOM |
Highest Sold
Year-to-Date |
|
Past 12 Months
Year End 2009
|
321
434
|
173
197
|
$274,128
$274,706
|
119
95
|
$1,225,000
$1,690,000
|
|
Year End 2008
|
481
|
199
|
$259,578
|
103
|
$2,200,000
|
|
Year End 2007
|
537
|
237
|
$230,835
|
86
|
$1,150,000
|
Carmel - Waterfront Only - Single Family Homes - December 31, 2011
|
Carmel
|
New
Listings |
Sold
Listings |
Average
Sales Price |
Average
DOM |
Highest Sold
Year-to-Date |
|
Past 12 Months
|
223
|
137
|
$419,279
|
92
|
$1,700,000
|
|
Year End 2009
Year End 2008
|
228
236
|
85
123
|
$428,863
$470,335
|
114
76
|
$1,255,000
$1,999,900
|
|
Year End 2007
|
256
|
139
|
$504,753
|
74
|
$2,700,000
|
Fishers - Waterfront Only - Single Family Homes - December 31, 2011
|
Fishers
|
New
Listings |
Sold
Listings |
Average
Sales Price |
Average
DOM |
Highest Sold
Year-to-Date |
|
Past 12 Months
Year End 2009
|
280
320
|
160
158
|
$403,370
$322,022
|
98
87
|
$4,500,000
$2,625,000
|
|
Year End 2008
|
407
|
186
|
$314,292
|
84
|
$2,000,000
|
|
Year End 2007
|
392
|
179
|
$327,753
|
74
|
$1,599,900
|
Noblesville & Morse Reservoir - Waterfront Only - Single Family Homes - December 31, 2011
|
Morse Reservoir
& Noblesville
|
New
Listings |
Sold
Listings |
Average
Sales Price |
Average
DOM |
Highest Sold
Year-to-Date |
|
Past 12 Months
Year End 2009
|
197
260
|
86
103
|
$291,315
$277,477
|
121
106
|
$847,500
$1,525,000
|
|
Year End 2008
|
272
|
77
|
$346,009
|
118
|
$1,140,000
|
|
Year End 2007
|
258
|
102
|
$360,811
|
104
|
$1,525,000
|
Northern Marion County - Waterfront Only - CONDOS - December 31, 2011
|
Northern
Marion County |
New
Listings |
Sold
Listings |
Average
Sales Price |
Average
DOM |
Highest Sold
Year-to-Date |
|
Past 12 Months
Year End 2009
|
261
287
|
111
117
|
$186,097
$177,413
|
137
96
|
$698,750
$580,000
|
|
Year End 2008
|
285
|
119
|
$163,922
|
88
|
$715,000
|
|
Year End 2007
|
335
|
141
|
$180,333
|
93
|
$640,000
|
Despite all the negative press, there is plenty of mortgage money available and historically low interest rates at or many times below the 5% range - now is a GREAT time to buy! If you are thinking about taking advantage of current moderate home prices, just give me a call @ 317-819-3330.
Together, we'll get you the best possible deal!
You can find additional sales stats for our entire market area in our Yearly Sales Stats section on www.HomesOnWater.com. Also, don't forget to check out My Blog section.
Statistics provided by the Metropolitan Indianapolis Board of Realtors and are deemed reliable but not guaranteed.
