Fishers Real Estate November Market Report

Fishers Real Estate November Market Report While the Fishers Real Estate Market has been extremely hot all year, but like the weather, it’s cooled off this month. There were 119 homes sold in Fishers this November compared to 146 in November 2014.  That’s a 19% decrease!  In  most other categories, the Fishers Real Estate market has cooled as well.  Let’s take a peek at the rest of the Fishers Real Estate November Market Report!

The average cost of homes sold in Fishers was $265,266 in November 2015. In November 2014, the average sales price was $284,593. That’s a 7% decrease! The price per sq. ft. went up slightly! In November 2015, the average price per sq. ft. was $109.34 and in November 2014, it was $109.21. The average days went down, however! In November 2015, the average DOM was 57 days (with the longest being 216) and in November 2014, the average DOM was also 72 days (with the longest being 365)! The average list price vs. sell price went up! In November 2015, the sale price was 97.83% of list price and November 2014, the sale price was 97.25% of list price.  If you are in the market to buy a home in Fishers, now is the time!

The most popular neighborhoods in Fishers were; Ambria (4), Britton Falls (5), Brooks Chase (5), Limestone Springs (4), Prairie Springs (6), and Silverton (5). The average size of the home sold this month was three bedrooms, two and a half bath and about 2,300 sq. ft.!

In the Fishers luxury market, there were 6 homes sold over $500,000 in 2015, compared to 11 in 2014. The most luxurious home sold for $1,040,000 and is located in the coveted Springs of Cambridge! This home sits on just under a half acre and is five bedrooms and four and a half bathrooms! This home is a stunning Steve Hoss home on the Geist waterfront!  Some of the features of this home include: boat dock, main level master bedroom with private balcony overlooking beautiful water views! There is a wall of windows in the great room and in the lower level walkout there is a wine cellar, wet bar and rec room!

If you are looking to buy a home in Fishers, contact Fishers Best Realtor today!