This is one of those questions that is both simple and difficult to answer.
Simply put - the average time on market for 2010 in Carmel - 94 days.
Difficult - DOM went from 1 - 772 days. In price range from $0 - $525k
the DOM averaged 76. In the price range from $526k - up, the DOM averaged 149.5.
DOM or Days On Market varies according to the amount of homes in a particular price range, the number of
buyers in that price range and the quality of the home in comparison to others in its price range.
I hope that answered your question. But for details about what to expect both in DOM and Sale Price for a particular home, please contact me.
Assoc Broker Prudential Indiana Realty Group
Keller Williams Realty
I know when I list a home; have it staged, give the seller a To Do List and have it professionally photographed...my own DOM are very competitive.
You can also visit my blog for more Carmel stats: http://www.carmelwestfieldhomes.com
F.C. Tucker Company
Kelly Dather Real Estate Group
Platinum Realty Group
Let me suggest you price your property at a price your local real estate market will support, relative to true value.