The Carmel Indiana housing market report for April 2012 doesn't disappoint. Other than a dip (-2%) in Median Sales Price, numbers improved in all categories compared to April 2011. Most notably, Average Days on Market decreased a whopping 22%, from 100 days in April 2011 to 78 days in April of this year.
The 3-month Carmel Housing Market Report for February to April 2012 is also encouraging, despite slight losses in Closed Sales (-0.34%) and Median Sales Price (-1.9%). Those losses were tempered by substantial improvement in Average Sales Price (+4%) and Average Days on Market (-7.3%).
Could it be that forecasters are correct in predicting the housing market will begin recovery this year? The latest Carmel statistics seem to say it's possible. Check back next month to see if the good news continues into May 2012! And click here for the April 2012 Fishers Indiana Housing Market Report.