Market Conditions in Carmel : Blogs

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Michael Woods, Real Estate Pro in Carmel, IN
With regard to total listings, there was a 0.1-percent decrease in the total number of Carmel homes for sale, as there were 889 in May compared to 890 the previous month. Versus May of 2010, this represents… Read more
Blogged Wed Jul 13, 2011 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
As if sellers needed more competition, the total number of Carmel homes for sale rose 2.2 percent, from 889 in May to 909 in June, 2011. Compared to last June, the increase was an even sharper 6.7 percent.… Read more
Blogged Wed Jul 27, 2011 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
The average active price of Carmel homes for sale fell 1.1 percent, from $437,000 in May to $432,000 in June. While this is barely worth mentioning, what is more noteworthy is the fact that compared to… Read more
Blogged Thu Jul 28, 2011 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
The average price per square foot for Carmel real estate climbed to $92 in June, 2011, up 3.2 percent from the previous month’s average of $89. Viewed as a quarterly average, the price per square… Read more
Blogged Thu Jul 28, 2011 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
Carmel homes for sale spent an average of 79 days on the market in June of 2011, down 11.2 percent from the previous month’s average of 89 days. While this was no doubt a welcomed improvement for… Read more
Blogged Thu Jul 28, 2011 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
The total number of Carmel homes for sale, much to the delight of pre-existing sellers, fell 5.4 percent, from 909 in June to 860 in July. Compared to last July’s total of 856 listings this is an… Read more
Blogged Tue Aug 23, 2011 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
The average $435,000 active price for Carmel homes for sale in July rose 0.7 percent versus the previous month’s average of $432,000. Compared to last July’s average of $460,000, however,… Read more
Blogged Wed Aug 24, 2011 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
The average price per square foot for Carmel homes for sale climbed to $93 in July of 2011, up 2.1 percent versus the previous month’s average of $91. Versus last July’s average of $91 per… Read more
Blogged Wed Aug 24, 2011 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
Carmel homes for sale spent an average of 79 days on the market in July of 2011. While this is an 8.1-percent improvement versus the 86-day average of the previous month it is 1.3 percent above last July’s… Read more
Blogged Wed Aug 24, 2011 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
The most recent 7.5-percent decrease in total sales translated to a corresponding increase in total inventory, as there were 5.9 months of inventory based on closed sales in July, up 2.3-percent versus… Read more
Blogged Wed Aug 24, 2011 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
But while there were fewer homes sold there were also fewer Carmel homes for sale, 4.3 percent fewer, to be exact. In fact, August’s total of 823 listings marked the second consecutive month that… Read more
Blogged Tue Oct 18, 2011 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
Compared to the Indianapolis real estate market, which underwent a 3.2-percent drop in total listings versus the previous month, there were 2.1 percent fewer homes on the Carmel real estate market over… Read more
Blogged Sat Nov 5, 2011 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
October of 2011 marked the 4th straight month that the total number of Carmel homes for sale fell, most recently by 5.2 percent. This for the most part echoed the 4.9-percent decrease in the number of… Read more
Blogged Mon Nov 21, 2011 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
Anyone who works in real estate knows the market doesn’t need any more inventory. Fortunately, the total number of homes listed on the Carmel real estate market fell 8.8 percent, from 764 in October… Read more
Blogged Fri Jan 6, 2012 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
Whereas the Indianapolis real estate market underwent an 8.4-percent decrease in the total number of homes sold in December versus the previous month, the total number of Carmel homes for sale fell an… Read more
Blogged Tue Jan 31, 2012 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
Another very positive development had to do with the total number of homes for sale in Carmel. Another very positive development had to do with the total number of homes for sale in Carmel. Not only does… Read more
Blogged Tue Feb 21, 2012 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
An unmistakable improvement could be seen in the Carmel real estate market in April, 2012—and with winter a thing of the past, one would certainly hope so. Starting with total listings, there… Read more
Blogged Thu May 31, 2012 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
Overall, the Carmel market showed some nice improvements in May, 2012. But first the bad news: Total pending sales fell 22 percent, from 177 in April to just 138 in May. That said, this represents a… Read more
Blogged Thu Jun 14, 2012 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
It might take some squinting at the data, but a close look at the Carmel real estate market stats for June shows several improvements were realized in June. The market posted a nice 4.6-percent improvement… Read more
Blogged Thu Jul 19, 2012 by Michael Woods Market Conditions
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Michael Woods, Real Estate Pro in Carmel, IN
While it wasn’t obvious at first, the Carmel real estate market improved in September, 2012. Sure, the 133 closings that took place in September represent a 26.9-percent decrease in total sales.… Read more
Blogged Wed Oct 31, 2012 by Michael Woods Market Conditions
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