Fishers Real Estate Market Up 18%
In the Fishers Real Estate January Market Report, I reported that the Fishers Real Estate market had exploded! I am happy to report that that trend has continued in February! In February 2015, there were 116 homes sold, compared to 96 homes sold in February 2014! That’s an 18% increase! In most other categories, the Fishers Real Estate market is doing really well! Let’s take a peek at the rest of the Fishers Real Estate February Market Report!
The average cost of homes sold in Fishers was $258,582 in February 2015. In February 2014, the average sales price was $247,231. That’s a 5% increase! The price per sq. ft., however, went down just a smidge! In February 2015, the average price per sq. ft. was $104 and in February 2014, it was $103. The average days on market went down a little bit (always good news for sellers)! In February 2015, the average DOM was 86 days (with the longest being 321 days) and in February 2014, the average DOM was 88 days (with the longest being 337 days)! The average list price vs. sell price went up! In February 2015, the sale price was 97.3% of list price and February 2014, the sale price was 96% of list price! If you are thinking about selling your home, now is the time!
The most popular neighborhoods in Fishers were; Avalon of Fishers (8), Charleston Crossing (3), Cherry Hill Farms (3), Limestone Springs (4), and Tanglewood (4). The average size of the home sold this month was four bedrooms, two and a half bath and about 2,300 sq. ft.!
In the Fishers luxury market, there were 5 homes sold over $500,000 in 2015, compared to 4 in 2014! The most luxurious home sold for $1,170,000 and located on Port View Ln.! This home has six bedrooms, five full bathrooms and two half bathrooms, open waterviews, updated kitchen, children’s study (with 3 desks), four car garage, wet bar, pool, hot tub and fire pit!
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!