2012 3rd Quarter Market Update for Carmel, IN Real Estate

The real estate statistics for the 3rd quarter of 2012 in Carmel, IN shows the market is remaining steady. The number of homes listed from July through September were up slightly, from 297 listed in 2011 to 303 listed in 2012. More homes sold in the 3rd quarter of 2012 than 2011, with 379 selling in 2011 and 436 selling in 2012, up 13 percent. Other good signs for the real estate market in Carmel include an 8 percent drop in days on the market, with homes selling on average 7 days faster in 2012, and a 1 percent increase in average list price to sales price.

Carmel Real Estate Statistics—

3rd Quarter, July-September 2012


 3rd Quarter 20123rd Quarter 2011% Change
Listed homes3032972%
Sold listings43637913%
Pending listings 1271270%
Average Sales Price$325,127$338,262-4%
Low Sales Price$50,000$44,00012%
High Sales Price$1,350,000$1,350,0000%
Average Days on Market8693-8%
Average List Price to Sale Price96%95%1%

Source: MIBOR, July 1-September 30, 2012

* This information is deemed reliable but not guaranteed.


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