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Carmel Indiana 46033 homes for sale is undergoing a redesign that will better serve all of Carmel. While I may live in the 46033, my west Clay friends have requested more info that relates to their side of town. As always you can reach me at 317-848-GREG (4734). From Gil Thorp and all of us...we thank you!

Thursday, January 29, 2015

Back To Front - Carmel's 2014/2015 Real Estate Market

Seeing a rainbow is always a sign of optimism so as I took this image coming out of my daily @MononCommunity center workout today I took it as a positive omen. 

While in raw statistics Carmel's housing market slid back in terms of sales there's no reason to panic. The first three months of 2014 put us double digit numbers of home sales behind 2013 due to the extreme weather and we never fully recovered. Available home inventory for sale also was down and that contributed as the year wore on. Some who wanted to move couldn't find the right destination. That problem will ease for several reasons this year. More newly built properties will give home buyers options and will push more resale properties into the market as those owners move on to new construction. That also means that those new spec homes will be competitors for resale properties in some cases. Here's the wild card. Last year the first time home buyer was the lowest percentage of the market in decades. This year that type of buyer will be back to some degree and that will drive all price points forward. Why will they be back?  More single digit down payment loans are appearing and the ease of gas prices will certainly also help. More on that phenomenon HERE

In a nutshell here's what the geography and raw stats of Carmel's 2014 housing market looked like. 

In all of Carmel 1659 homes sold in 2014 (1819 in 2013). The average sales price last year was $340,763 ($327,956 in '13). In 2014 Carmel homes averaged 66 days on the market compared to 74 in 2013. The average price per square foot of sold homes last year in Carmel was $123 versus $120 in '13. The high sale in Carmel last year was $1,971,000. In 2013 the high sale was $3,100,000. The 2014 low sale was $50,000 versus $26,000 the year prior. 

Geographically 573 homes sold last year in west Carmel (US 31 to Michigan) contrasted to 685 in '13. In Midtown (US 31 to Keystone) 518 properties changed hands versus 538 the year before. In east Carmel (Keystone east) 554 homes sold opposed to 586 in 2013. 

In summary....fewer homes sold at an improving sales price. They were on the market less time and their price per square foot above grade also improved. Despite fewer units sold the market overall was positive which is a unique circumstance. Odds are when we look back at 2015 sales prices, units of homes sold and most every factor surrounding home sales will be on the rise.
greg cooper carmel indiana homes for sale carmel indiana neighborhoods 

Monday, December 8, 2014

A Home Offered At $1 In Carmel's that time of year again. Holidays in the Carmel Arts and Design so be sure to enjoy this Saturday from 3-6!  

In the meantime I'm providing you the rare opportunity to see a home offered at $1 in Carmel. Yes...there's a catch. It's offered at $1 and being put up for auction so it may be a bit pricier than that.  24 new homes are on the market since December 1 including the aforementioned $1 special in Wilson Village (last property in the list).  Homes in Bellewood, Kendelwood, Village of West Clay, Cheswick, Claridge Farm, Moffit Farm, Ashbrooke, Long Branch, Cool Creek North, Cherry Creek Estates, Brookshire, Williamson Run, Johnson Acres, Worthington, Woodland Springs, Walden Pond, Carmel Pointe, Hunter's Glenn & Wilson Village. 

HOMES UNDER CONTRACT THIS WEEK include properties in Saddlebrook, Smokey Knoll, Stone Haven at Haverstick and the Village of West Clay. 

Don't forget...if you want housing activity in your neighborhood emailed to you once a month just drop me a line to and we'll set you up!  Have a great week everyone!  

greg cooper top selling carmel indiana realtor agent broker 

Saturday, November 29, 2014

New Carmel Listings, New Contracts For The Week Ending 11.28.14

Ten homes went under contract in Carmel this week despite it being post Thanksgiving. The showings have been off the Richter scale this week as well nearly 33% higher than the same week one year ago. Sales this week were in Avian Glen, Long Branch Estates, Brookshire Village, Northwood Hills, Guilford Park, Haverstick, Brooks Bend, Northridge and in The Retreat.

New listings this week were in The Trails of Avian Glen, Bellewood, Cheswick, Ponds West, The Ridge at Hayden Run, Guilford Park, Brookshire, The Brownstones at Guilford, The Village of West Clay, The Retreat and in the Arts & Design District on First Avenue North West. 

Year to date stats will be posted again next week as we wrap up November of 2014.  Hope you all are having a great holiday weekend!
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