Cynthia Marchant’s Blog

This is one of Carmel Real Estate’s premiere areas with brownstones to custom built million dollar homes.  It is unique because it is a city within its neighborhood.  You can dine, shop, even go to the dentist without leaving the neighborhood at The Village of West Clay.  Some of the custom builders include Will Wright, Homes by Kurt Schmadeke, and one of my favorites, Homes by Designing Women.

Currently the New Home Tour at The Village of West Clay is open Monday-Friday from 4 p.m. to 9 p.m. and Saturday/Sunday noon to 6:00 p.m.  The New Home Tour will feature various living options from the high $200,000 to $1.5 million.  The show dates are from April 18th through May 3rd.   It will feature nine partially furnished custom homes that will highlight outdoor living trends and energy saving products.

Many residents in this Carmel Real Estate area love the convenience of the shopping.  There are various merchants within walking distance.  The most recent addition is Basket Pizzazz which will feature gourmet foods, customer appreciation and housewarming baskets, bath and body spa and new baby baskets too.

There are over 1,300 homes in the Village of West Clay located at 131st and Towne Road in Carmel Indiana.  Over the last six months only 20 homes have sold at an average price per sq ft of $177.  There are currently 10 pended at an average of $189 a sq ft.  The most interesting statistic is the number of active homes which is nearly 75!  That is an absorption rate of nearly two years. 

The homes currently on the market have been there an average of 160 days; some over 500 days. 

The most expensive home is listed at $2,795,000 with over 7,000 sq ft and is priced at $537/sq ft (very pricey!).  The least expensive home is listed at just under $200,000.

There are currently three distressed properties in the Village of West Clay and they are priced between $116 and $150 sq ft.

When I have clients relocating to the Indianapolis and/or Carmel area, this is an area that is always on the list to highlight.  It is unique and conveniently located to downtown and other areas and has some of the best schools in Indiana.

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Cindy “in Indy” Marchant - Carmel Real Estate Agent
Keller Williams Realty Indy Metro NE
Carmel IN Real Estate Website
317-290-7775