Welcome 2022!  Let's hope that this year has less turmoil than the last two.  Between COVID, inflation, supply chain shortages, labor shortages and more...we're hopefully in for a better year.  I sure hope so!

Please remember, my data sample is ONLY for Carmel, Fishers ...

Our market sample is SE Hamilton County (Fishers, Noblesville, Westfield and Carmel).  I only sample data from $200k-$600k since the majority of our sales are in this range.

The month of October has been interesting for sure!  Total sales for the month actually dropped by 12.4 ...

Our market sample is SE Hamilton County (Fishers, Noblesville, Westfield and Carmel).  I only sample data from $200k-$600k since the majority of our sales are in this range.

The last two weeks have been pretty benign as far as change.  We still see roughly the same 75 ...

So this week in SE Hamilton County was very similar in trend but with a few minor exceptions.

Please keep in mind my sample data is homes between $200k and $600k for Noblesville, Carmel, Westfield and Fishers.  This represents the majority of homes sold in the SE Hamilton County ...

So the month of September ended strong for the SE Hamilton County real estate market.  My data sampling is for homes $200-600k in Noblesville, Carmel, Westfield and Fishers.  The majority of homes sold in these towns fall in this price range.  All data references this sample.

There ...

This week continued to see strong seller market trends.  The number of pending sales increased by 2% to 81%.  That's been fairly consistent. 

This means that 4 out of 5 houses on the market right now are already under contract.  Said another way, only 20 ...

This data is specifically for SE Hamilton County $200-600k

The market continues to stay strong.  Let me focus on two key indicators:

There are 740 CURRENT active listings in the dataset.  Of which 616 or 83% are pending.  This is up from 79% from last week.

This ...

This market is crazy right now!  It is truly a SELLERS MARKET!  We are having:

• sales prices well above list price
• as is purchase
• escalation clauses...sometimes with NO CAP (!)
• appraisal gaps
• things normally conceded are not mentioned (seller paid closing costs, inspection responses, shared closing fees...)

At ...