While the Fishers Real Estate Market has been extremely hot all year, this month follows the trend of September and has cooled off. In October 2015, there were 171 homes sold, compared to 189 homes sold in October 2014! That’s a 10% decrease! In all other categories, the Fishers Real Estate market continues to impress! Let’s take a peek at the rest of the Fishers Real Estate October Market Report!
The average cost of homes sold in Fishers was $259,207 in October 2015. In October 2014, the average sales price was $254,615. That’s a 2% increase! The price per sq. ft. went up as well! In October 2015, the average price per sq. ft. was $111 and in October 2014, it was $104. The average days on market stayed the same! In October 2015, the average DOM was 64 days (with the longest being 423) and in October 2014, the average DOM was also 64 days (with the longest being 515)! The average list price vs. sell price went down a little bit. In October 2015, the sale price was 97.07% of list price and October 2014, the sale price was 97.75% 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), Avalon of Fishers (12), Britton Falls (5), Limestone Springs (5), Spyglass Falls (4), Sunblest Farms (8), Timberstone Villas (4), Weaver Woods (4) and Woodberry (4). The average size of the home sold this month was three bedrooms, two and a half bath and about 2,200 sq. ft.!
In the Fishers luxury market, there were 8 homes sold over $500,000 in 2015, compared to 9 in 2014. The most luxurious home sold for $1,650,000 and was three bedrooms, four full bathrooms and one half bathrooms and over 4,000 sq. ft.! This home sits on 22.50 acres and is beautiful horse property with rolling hills and wooded land! The home is a Spanish modern home with rounded walls and gorgeous decorative time. There are wrought iron balconies that overlook the sunroom and atrium. There is also a 5 stall barn with heated tack room, 60 ft corral and two additional homes on the property!