Fewer Sold But Values Are Growing.....

So help me I'm going to choke the you know what out of the next person in my business who posts cheerily how great things are in the housing market! We're selling homes and that's good but we're out of balance and that's HARD...more on this in a minute. 

Values are going up and that may be the best news for consumers. In 2012 on 5.25 we had sold 248 homes in the 46033. This year we've sold 208 because we just don't have enough housing available for purchase. The real guts of the data is that on this day in 2012 the average sales price in east Carmel was $318,9992.  Of the homes that have closed this year in the 033 the average sales price is $329,999. As an example here's the list of homes that have sold in MAY 2013 in east Carmel. Of particular note in the 25 that have entered escrow, 14 sold in less than 7 days which is a remarkable contrast to where we were 36 months ago when the average days on the market was over 100.

So why am I whining about it being hard?  With the exception of the high end, it's become a seller's market. It's out of balance. When a buyer sees five other people lined up to see the home they just looked at they are correct in offering full list price if they want the home. That leads to some fear in buyers (did I pay too much....is there another option out there). That makes inspections harder and appraisals are still comping from the slower Jan/Feb/March market even though we're in a red hot May. Expectations are higher and there's more pressure on everyone in the housing market.  If you're getting ready to jump in, BE READY. This isn't a market for the faint of heart. Know your options, know your destination as much as you can and hang on for dear life during the inspections and appraisals.  You can certainly call or email us anytime if you have questions. Have a fun and safe weekend everyone! Memorial Day is always special in central Indiana and we hope you have a wonderful time enjoying the company of family and friends.
greg cooper, east carmel indiana homes for sale 46033, east carmel indiana neighborhoods, top selling carmel indiana realtor agent broker 

Too Much Too Fast Too Quick.....

Just in case you haven't noticed, we've been struggling to keep up with the virtual open houses over the past few weeks and with good reason. We're basically going mach 3 with our hair on fire. The home at the right at 12854 Brookshire Parkway went on the market late Thursday and went under contract early Saturday morning. A great family with young children will be moving into Brookshire North in early June. You can see the entire virtual tour here.  This weekend a home essentially across the street at 12818 Andover also went under contract and will also have new owners early this Summer.  You can see the virtual tour for this sold east Carmel home here!  We continue to have a significant shortage of homes for sale in the 46033. If you have interest in exploring the possibility of putting your home on the market in this seller's market please contact us today! 
greg cooper east carmel indiana homes for sale 46033 east carmel indiana neighborhoods, top selling carmel indiana realtor agent broker 

KONA......KONA.....KONA

Jasmine Spate, come on down.  You've won a $100 gift certificate to Kona Grill in the Terrace for being drawn from 41 correct answers to last Friday's trivia.  Brookshire Golf Course is the oldest course in east Carmel which you correctly answered and our 6 foot 2 inch office assistant drew your name from Monday afternoon.  We'll be in touch with the details.....another coming this Friday! 
greg cooper, east carmel indiana homes for sale 46033, east carmel indiana neighborhoods, top selling listing carmel indiana realtor agent broker 

Tis The Season....

We're quickly approaching that time of year when many of us try to make our junk someone else's junk. Brookshire is up this coming weekend so watch for the extra traffic near week's end. The professionals will be out early. If your neighborhood wants some free pub for your sale, send it our way and we'll be glad to post it. Over 1000 viewers a week would seem to help your traffic!
greg cooper, east carmel indiana homes for sale 46033, east carmel indiana neighborhoods, top selling carmel indiana realtor broker agent 

Search East Carmel Indiana 46033 Homes For Sale / Closed Sales For The Week Ending 4.19.13

As the Carmel Marathon Weekend winds down first we just want to offer congrats to all of the participants and race supporters. This is a fantastic event for our city and will draw people here from so many places outside of Indiana for years to come!

Our housing market has gone someplace it's not been in nearly seven years in the 46033.  With the exception of the high end homes, this market is almost on overheat.  We've gone from averaging 90 days on the market for the first nearly four months of 2012 to just 59 days average to contract time in 2013.  When you couple that with the number of homes that pend in less than the first week on the market (numerous), you have a market that has shifted to the sellers.  Inventory one year ago on this day was 219 homes and today it's 167. Less supply coupled with higher demand fueled by interest rates equals a red hot housing environment.  If you are thinking of selling this Spring or Summer please let us know!  We have buyers standing on the sidelines waiting for the new inventory.

We'll get to this week's trivia question in a moment....but first here are the new listings in the 46033 this week:  5317 Pueblo Court in Delaware Trace; 12400 Bayhill Drive in Bayhill - Carmel; 11946 Dubarry in Brighton Woods - Carmel; 5203 Avian Way in Avian Glen - Carmel;  13961 Settler's Ridge in Settler's Ridge;   14578 Dover in Ashton; 5038 St. Charles in Kingswood; 11627 Forest Drive in Eden Forest; 5160 Rocky Cay Court in Stonewick; 1548 Copperwood Circle in Copperwood;  5118 Huntington Drive in Kingswood; 4346 Idlewild in Blue Creek Woods;  13229 Dunwoody in Plum Creek North; 4354 Idloewild in Blue Creek Woods;  1360 Edingburgh in Worthington Estates; 4693 Cheval in Foster Grove; 1410 Lawrence Road in Cool Creek Estates; 13181 Briarwood Trace in Foster Grove; 5675 Sapphire in Enerald Crest; 11520 Rolling Springs in Woodland Springs; 11341 Rolling Springs in Woodland Springs;  4763 Abbots Place in Foster Grove; 12647 Brookshire Parkway in Brookshire North; 3133 Birch Canyon Drive in Glenwood; 13881 Leatherwood in Lost Oaks At Haverstick; 14365 Greenbelt in Spring Creek; 3213 Eden Way Circle in Eden Park; 3211 Eden Way Park in Eden Park; 631 Mohawk Court in Cool Creek Estates. 

Here's the CLOSED SALES in east Carmel for the week ending 4.19.2013: 13510 Dallas Drive in Foster Manor; 13508 Abraham Run in Chapman's Claim in Prairie View & 10915 Lakeshore Drive West in KeystoneWoods. 

OK....so HERE'S this week's east Carmel trivia question good for dinner at Kona Grill. Email or Tweet us the correct answer by Monday at noon and you'll be included in the drawing.  Since it IS the season, what was the first GOLF COURSE to open in the 46033?  Good Luck and have a great weekend!
greg cooper, east carmel indiana homes for sale 46033 east carmel indiana neighborhoods top selling carmel indiana realtor broker agent 

A Lot Of Both.....

From hail damage roof signs to real estate sold signs, the 46033 has a big number of both right now. With last Thursday's (4/11) storms to a red hot housing market, Spring has heated up and is in full swing in east Carmel. We have barely half the number of homes for sale as one year ago coupled with interest rates in the 3's and 4's, it's become a seller's market in many cases.  There have been five homes put on the market in the last week east of Keystone that have gone under contract in less that 3 days.  After all of the pain of the 2008, '09, '10 housing mess, it's a pleasure to see it all bouncing back so well!
greg cooper, east carmel indiana homes for sale 46033, east carmel indiana neighbhrooods, top selling carmel indiana realtor real estate agent broker 

Winners Winners Pizza Dinners.....

We ended up with 66 correct answers to Saturday's question about east Carmel. There are trees being felled all across the 46033 and the why is because of the emerald ash borer.  A number of arborists are suggesting ash trees should just be removed and as you can see along 126th, River Road and other places, they are.  Our extra tall office assistant has drawn two winners.  I don't do this so that we can maintain absolute fairness and this week's winners to dinner at Mackenzie River and Matt the Miller's are Sharee Silas and Dian Germain.  We'll be DMing these ladies to get them their gift certificates and we'll have another chance this Friday!
greg cooper, east carmel indiana homes for sale 46033, east carmel indiana neighborhoods, top selling carmel indiana realtor agent broker 

Search East Carmel Indiana Homes For Sale / Closed 46033 Homes For April 2013

You may have noticed our weekly Friday virtual open houses took a short hiatus over the past few weeks. Good news is we're back with a blast! We have two dinner certificates to give away for our drawing this week.  One to Matt The Millers and one to Mackenzie River Pizza just opened at 116th and Rangeline (not to be confused with their Bismark, N.D. location).  We have sampled both locations copiously and highly approve of each.  Here's this week's trivia question to get you into the drawing (insert obligatory good luck Laura wish here).  There's a LOT of trees that have been felled in east Carmel in the last 60 days (along River Road, along 126th near Keystone), etc.  This week's question is why have these live trees been cut down in mass in these locations? C'mon people....this is easy! EMAIL or TWEET your answers to us by Monday at 12:00 noon and we'll pick two winners. 

Here are the new listings in the 46033 since April 1:  12400 Bayhill Drive in Bayhill;  4939 Morgan's Creek in Morgan's Creek; 14491 Jeremy Drive in Foster Estates;  14234 Prevail Drive in Stafford Place; 4829 Skipping Rock in Bayhill;  5203 Avian Way in Avian Glen; 13961 Settler's Ridge Trail in Settler's Ridge at Haverstick; 14032 Ben Kingsley Circle in Meadows at Legacy; 4176 E. 116th; 5889 Pebblestream in The Lakes At Hazel Dell; 11627 Forest Drive in Eden Forest;  5140 Puffin In Avian Glen; 14040 Ben Kingsley in Meadows At Legacy;  14024 Ben Kingsley in Meadows At Legacy; 5118 Huntington in Kingswood; 5777 Berry Glen Court in The Lakes At Hazel Dell; 1825 Knaphill in Smokey Knoll;  14048 Ben Kingsley in Meadows At Legacy; 4354 Idlewild Blue Creek Woods;  13216 Abbots Place in Foster Grove; 4693 Cheval in Foster Grove; 10929 E. Lakeshore in The Woodlands; 13181 Briarwood Trace in Foster Grove; 4525 Camborne in Brookshire North; 507 Smokey Row Court in Cool Creek North;  12680 Honors Drive in Plum Creek Farms; 14365 Greenbelt in Spring Creek;  5248 Faye Court in Lake Forest; 5235 Wood Creek in Wood Creek; & 11745 Esty Way in Hazel Dell Townhomes. 

CLOSED SALES in the 46033 since April 1 are: 13653 Smokey Ridge Place in Smokey Ridge;  5824 Longstone Roundabout in Woodfield; 3806 Neva Lane in Williamson Run;  2953 Maralice in Foster Estates;  14340 Whitworth in Worthington;  211 Ironwood in Cool Creek North; 14500 Waverly in Ashmore Trace;  5866 E. 126th in Plum Creek Farms & 11680 Buttonwood in The Maples.

There are 147 homes active for sale in east Carmel compared to 211 one year ago.....a huge reduction of homes to buy.  Yes, with the exception of the high end this has become a seller's market.  61 homes have gone into escrow since March 1, better than the 48 one year ago in the same time frame.  Please call or email with your questions about your neighborhood's market anytime and we hope you have a great weekend! 
greg cooper east carmel indiana homes for sale east carmel indiana neighbhrhoods, top selling carmel indiana realtor agent broker 

COMING Saturday 4.13 - APRIL Virtual Open House PLUS Two FREE Dinners

We'll be back with more free eats in east Carmel Saturday 4.13 with dinners to win at Matt The Millers and The Mackenzie River Pizza Company. Check back after 11 a.m.for the latest housing activity and a chance to get dinner at one of these two great restaurants in Carmel!