So much good news we had to recheck our math!
Wow! Double - and even a triple - digit increases in several key categories had us checking and rechecking the numbers for the February 2013 Fishers Indiana housing market report. What seemed way too good to be true actually is, though! The number of Sold properties more than doubled in Fishers from February of last year, while New Inventory dropped 24 percent. Both Median Sales Price and Average Sales Price shot up as well.
Based on these numbers, as well as similar statistics from the three-month housing report ending in February 2013
(Closed Sales up 46.9 percent; Average Sales Price and Median Sales Price both on the rise) we're confident in declaring that now is a really, really good time to sell a home in Fishers Indiana! Listings that are updated, well-maintained and ready to show are going FAST - as in hours. This 4 bedroom, 3 bath Fishers home in the Windermere neighborhood recently sold in less than 8 hours and for full price! Presentation, price, and perfect timing were the keys to success for these sellers! Read more about how to sell your home quickly and for the best possible price.
It seems likely that Fishers home prices will continue to rise thanks to a high demand for housing combined with a shortage of homes for sale. (Fishers inventory is down 19.1% as compared to February of 2012 and down 14.6% for the three month period ending in February.) If you are considering selling your Fishers home, start by finding out what it's worth with a free home value estimate.
Although Fishers home prices are rising, interest rates remain low; which means it's still a great time to buy a Fishers home! It's no time to be indecisive, though. Homes are going fast, and if you hesitate your dream home will likely be sold - to someone else. Find out how to be ready when you find that perfect home.
Learn more about living in Fishers, Indiana - one of CNN Money's Best Places to Live in America!