Each month I have reported that the Fishers Real Estate Market has shown great improvement in 2015. 2015 has been a banner year for Fishers Real Estate! It’s a fantastic time to buy a home in Fishers! However, August saw it’s first dip of the year. There were 210 homes sold in August this year, compared to 233 for 2014. In all other categories, the Fishers Real Estate market is still doing great! Here’s a look at the rest of the Fishers Real Estate August Market Report!
The average cost of homes sold in Fishers was $284,944 in August 2015. In August 2014, the average sales price was $269,068. That’s a 6% increase! The price per sq. ft. went up as well! In August 2015, the average price per sq. ft. was $110 and in August 2014, it was $107. The average days on market went down! In August 2015, the average DOM was 52 days (longest being 659)! In August 2014, the average days on market was 58 (longest being 672). The average list price vs. sell price went down a little bit! In August 2015, the sale price was 97.39% of list price and August 2014, the sale price was 97.61% of list price.
The most popular neighborhoods in Fishers were; Ambria (4), Avalon of Fishers (5), The Bristols (5), Brooks Chase (9), Limestone Springs (4), Sandstone Meadows (4), Sunblest Farms (12) and Tanglewood (5). The average size of the home sold this month was four bedrooms, two and a half bath and about 2,400 sq. ft.!
In the Fishers luxury market, there were 15 homes sold over $500,000 in 2015, which is also how many luxury homes that were sold in 2014! The most luxurious home sold for $3,000,000 and is located at Valleys at Geist! This home has eight bedrooms, TEN full bathrooms and three half bathrooms, 12,600 sq. ft. and sits on ten acres of land! This home is a French Beauty with an in-law/nanny suite above a 4 car garage as well as a guest suite above a two car garage! There are eight fireplaces, numerous entertainment, pool and cabana bar, pond and so much more!
If you are in the market to buy a home in Fishers, contact Fishers Best Realtor today! If you are looking to sell your home in Fishers, I would love to meet and get your home up for sale in this hot market!