I wanted to get you some feedback sorry it took so long for someone to respond. Here is the current insight for homes in Fishers between $600K and 1 million. There are 25 homes for sale and the average days on the market are 140. None of the 25 homes are bank owned. In running my proprietary deal program I found 3 homes that were potential deals. The 3 properties have an identified square foot cost of $96 a square foot and the market is supporting $121 a square foot. The average list price in this bracket is $739,556 and no home is listed over 1 million dollars. The typical has 5 bedrooms, 4 full bathrooms and 1 half bathroom the average age for a home is 1998.
Looking back at 2009 17 homes were sold in this price bracket with the average cost of $703,641 which came to $159 a square foot. During 2009 homes took an average of 125 days to sell.