Mar
1
Carmel Real Estate is in a NEW location
Posted by searchcarmelhomes under Carmel, Tips and Random Thoughts
While I have loved writing about Carmel Real Estate over the past four years on this site, it’s time to take it to the next level.
You can still find me writing about the Carmel Neighborhoods, the great events and monthly market reports over at my new website. The new site incorporates the news about Fishers, Carmel and Geist so one stop shopping!
Hope to see you there! Visit our Carmel Blogs often there.
Cindy in Indy Marchant – Real Estate Agent
Keller Williams Realty Indy Metro NE
Marchant Team Real Estate Website
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Jan
30
Fun Things to do in Indianapolis
Posted by searchcarmelhomes under Carmel, Happenings, Hot Spots
Sure the Super Bowl is in Indianapolis this week and there is plenty to do downtown with the NFL experience and Super Bowl Village with free concerts, the zipline and the hamster wheel! But Indianapolis and the surrounding communities like Carmel always has so much to do.
Bruce Hornsby will be performing at the Palladium on February 17th; you might remember him playing with the Grateful Dead and Ricky Skaggs. His most memorable hit was "The Way It Is".
Have you ever seen a play at the Beef and Boards Dinner Theatre? Legally Blonde (or Bend and Snap) will be there beginning February 16th through April 6th as a Musical.
We mentioned this last month; but Micahel Jackson : THE IMMORTAL World Tour with Cirque Du Soleil is at Conseco Fieldhouse on February 24th-25th.
For kids, Clifford the Big Red Dog will be LIVE at Clowes Memorial Hall on February 29th (guess it’s a leap year this year!).
The Children’s Museum has the Adventures of Mr. Potato Head beginning January 28th through May 6th. This series has interactive explorations undersea, in out space and in the jungle. It is probably most appropriate for kids between 3 and 8 years of age.
It is also a great time to look at the homes for sale in Carmel! Inventory continues to be high and interest rates continue to be low. Our team holds three to four homes open each Sunday, send me a quick email if you would like to get a list each week.
Cindy in Indy Marchant – Carmel Real Estate Agent
Keller Williams Realty Indy Metro NE
Carmel IN Real Estate Website
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Jan
15
Finding the Right Carmel Real Estate Agent
Posted by searchcarmelhomes under Buying a Home, Carmel, For Buyers
So often when you begin the process of buying a home, everybody knows a REALTOR you should use; but how do you find the right Carmel REALTOR for you.
Things like experience, knowledge of the local Carmel Real Estate market and availability will enter into your decision. As well as Trust…you want someone you can trust with such a big decision. Here are some things to consider as you start the process of searching for a home for sale in Carmel.
The Metropolitan Board of REALTORS has 5,800 members. There were 75% of those agents that did less than 10 transactions last year. And of the remaining, only 250 agents wrote more than 30 transactions last year. That says that there is a small pool of experienced agents and in this business experience is priceless.
It is so much more than sitting down and listening to what you want; it is asking why those things are important to you, it is watching you in the homes and listening to your emotion and the questions you ask, it is understanding your motivation, it is shaking the etch a sketch sometimes to find a house that is perfect for you that you hadn’t thought of.
It is so much more than opening the door; it is the way we look at the home ( we look for wear/tear, water issues, cleanliness), the analytics we do with the history of the home and comparables in the neighborhood, it is the way that we negotiate and the way that we troubleshoot the issues to protect you in the process.
If you are a first time buyer, come visit our first time home buyers clinic that we hold each month; registration is required. But we have a Real Estate agent, a lender and a home inspector go through the process (45 minutes) and then have a Q & A. We give you some great handouts to take with you too.
I am one of the 250 agents that wrote more than 30 transactions last year; and at the end of the day, I want to sell you “I gotta have that house”; not “that house will do”. I have experienced many hurdles over my career since 2001 and while I probably haven’t seen it all…I’ve seen a lot. Every transaction will typically have a least one blip…find an experienced agent you can trust.
Cindy in Indy Marchant – Carmel Real Estate Agent
Keller Williams Realty Indy Metro NE
Carmel IN Real Estate Website
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Jan
8
Homes Sold in Carmel 2011 Stats
Posted by searchcarmelhomes under Carmel, Marketing Reports, Selling a Home
Homes sold in Carmel for the year 2011 compared to 2010 were up 7% which is great news. There were 1324 homes sold in Carmel in 2011 compared with 1234 a year ago. 
Nearly every quarter in 2011 outsold the quarters of 2010. Probably the only reason the 2nd quarter lagged was due to all the first time home buyers in 2010 in that time period trying to take advantage of the $8,000 first time home buying credit.
It is good to see amidst all of the negative rhetoric about the declining housing market that at the end of the year we can see our local Carmel Real Estate market exceed the levels of a year ago.
There was some bad news though. The length of time a home for sale in Carmel was on the market was one of those. In 2011, the average was 97 days, the median (most common) was 75 days…so still better than most cities in the country. In 2010, our average days on the market were 88 and the median was 65.
In addition we did see the average price of a home drop to $312,400 from $324,000 a year ago.
The Marchant Team sold 38 homes and our average days were 69; so we typically can sell faster than the average agent in Carmel.
We do this because we have experience in preparing a home for sale (i.e. staging), pricing the home correctly and marketing the home better than most (i.e. IVR system, enhanced website placement, etc).
If you would like to discuss how to sell your home with the Marchant Team, we would love that opportunity; to exceed your expectations.
Cindy in Indy Marchant – Carmel Real Estate Agent
Keller Williams Realty Indy Metro NE
Carmel IN Real Estate Website
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Jan
4
5203 Avian Way Carmel Home for Sale
Posted by searchcarmelhomes under Buying a Home, Carmel
Looking for a new family home for sale in Carmel? There are currently 85 homes between $300,000 and $400,000 for sale in Carmel. On average they are priced at $128/sq ft. 
I have one with stainless steel appliances, granite countertops and hardwood flooring in the kitchen. A beautiful 8’ leaded beveled glass door greets you as you enter a two story great room with floor to ceiling fireplace. It has the master on the main level with a fireplace in the master bath! It also has a finished basement. In addition it has a new roof and new HVAC system.
Located at 5203 Avian Way, the home has a screen in porch and beautiful outdoor living space with expansive deck, firepit and overlooking a lake. The list price is $387,500 or $125/sq ft.
Located in the popular Avian Glen subdivision; it is walking distance to the school and various shops and restaurants. The walkability score is a 10!
Avian Glen is a subdivision with about 225 homes that were all custom built in the early to mid 1990s. It is located just off of Hazeldell between 131st and 146th.
So if you are looking to move into a home in Carmel in 2012; this one might be worth a look in person.
Cindy in Indy Marchant – Carmel Real Estate Agent
Keller Williams Realty Indy Metro NE
Carmel IN Real Estate Website
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Dec
11
Carmel Real Estate Market Report November 2011
Posted by searchcarmelhomes under Carmel, Marketing Reports
There were over 100 homes sold in Carmel in November which is a 45% increase over a year ago! 
Carmel (unlike Fishers at the moment) is seeing market trends that any city would embrace. Their average price of home sold was $353,000 compared with $288,000 a year ago. Their days spent on the market were 91 compared with 109 a year ago.
Even the luxury market is seeing good news. There were five homes over $1 million sold in Carmel in November compared with zero last year. The interesting thing is that many of the homes sold were ON THE MARKET last year! The most expensive home sold in Carmel was $2,360,000 in Bridlebourne, but started out on the market 875 days ago at $4,500,000.
Neighborhoods that saw increased activity this month were Carmel Meadows (3); Lakes at Hazeldell (5); Plum Creek (5) and as usual the Village of West Clay with 9 selling in this November.
I know there are many of you still waiting for that buyer, do not give up. We see lots of buyers come in the December/ January timeframe. Just be sure you priced correctly, staged and are accepting the showings as often as you can. If you need to talk with a Carmel Real Estate agent…I am here for you!
Cindy in Indy Marchant – Carmel Real Estate Agent
Keller Williams Realty Indy Metro NE
Carmel IN Real Estate Website
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Jun
6
Carmel Indiana Homes Sold in May 2011
Posted by searchcarmelhomes under Carmel, For Buyers, For Sellers, Marketing Reports
Carmel Indiana saw a 25% decline in homes sold in May 2011 from May 2010. There wre 112 homes sold in Carmel compared with 151 last year at this time. 
This is the 2nd month in a row where 2011 has lagged 2010.
Other statistics that we watch are Days on Market (how long does it take from list to close) and the price per square foot (which most certainly varies by neighborhood…). For May of 2011; the DOM was 86 compared with 67 a year ago…so it is taking longer to sell homes in Carmel. The $ per sq ft is down just a bit at $110 versus $112 a year ago.
There were 13 homes over $500,000 that sold in May of 2011 compared with 16 a year ago. The highest priced home that sold in Carmel was $1,700,000 in Bridlebourne with over 11,000 sq ft. It was on the market for 623 days.
The lowest priced home in Carmel to sell was $60,000 in the Keystone and 126th area. It was a bank owned home.
Neighborhoods that saw a large number of sales include Avian Glen with 3; Cool Creek with 5; Village of West Clay with 6 and Woodfield with 4. These are some of the best neighborhoods in Carmel!
If you are looking to buy or sell a home in Carmel Indiana, please visit our website or email me for information that will help in that process.
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Cindy œin Indy Marchant – Carmel Real Estate Agent
Keller Williams Realty Indy Metro NE
Carmel IN Real Estate Website
317-290-7775
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May
9
Carmel Indiana Homes Sold in April 2011
Posted by searchcarmelhomes under Carmel, For Buyers, For Sellers, Marketing Reports
The number of homes that sold in Carmel for April was 94; this compares with 126 
homes in April of 2010. At first glance this might seem like really bad news…but when you look at the trend…April is the first month that 2010 beat 2011. Here’s why I think; April 2010 was the last month to go under contract to be eligible to receive the $8,000 first time buyer tax credit. It had to close by June to be paid. So there was a lot of activity last year at this time.
The days on market were much higher this month at 99 versus 79 a year ago. But the price per sq ft increased to $110/sq ft from $106/sq ft.
The luxury market in Carmel (greater than $500,000) is a tad behind 2010; there are 6 that sold in April this year compared with 11 last year.
One interesting tidbit; the most expensive home sold was within a mile of the least expensive home. They were both at 106th and Meridian! The most expensive was $799,900 with over 7,000 sq ft and it took 241 days to sell. This was on the west side of Meridian. The least expensive home was a $62,000 HUD home that had just over 1,000 sq ft and it was on the east side of Meridian.
Neighborhoods that saw a lot of activity this month were Delaware Trace (3); Lakeside Park (3) and the Ridge at Hayden Run (4).
If you are curious about your neighborhood; what has sold, the average price per sq ft or how long it is taking….just send me a quick email and I will calculate that for you.
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Cindy œin Indy Marchant – Carmel Real Estate Agent
Keller Williams Realty Indy Metro NE
Carmel IN Real Estate Website
317-290-7775
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Apr
11
Carmel Indiana Homes Sold in March 2011
Posted by searchcarmelhomes under Carmel, For Buyers, For Sellers, Marketing Reports
There were 109 homes sold in Carmel Indiana in March; up from 102 last March. Carmel Real Estate has consistently been close to last year 2010 and way ahead of 2009 for the first quarter. There were 225 homes sold in Carmel for the 1st quarter 2011 compared with 221 in 2010 and 180 in 2009.
This is a bit of a different story than what we are seeing in Fishers Real Estate market reports.
The days on market did increase from a year ago…currently running 116 days compared with 82 a year ago. That’s a pretty significant increase. There were 17 homes of the 109 that sold that were older than 200 days on the market.
The price per sq foot is also declining at $109 down from $114 a year ago.
Part of this decline in price could be the number of luxury homes sold in Carmel; those over $500,000. In March of 2011 we had 9 compared to 17 last year. In the 1st quarter in 2011 we had 23 compared with 47 in 2010. This could explain why some of the land in the Village of West Clay was sold to Pulte…expensive homes in Carmel are just harder to sell right now.
Neighborhoods who sold the most homes sold were Arden Townhouses, Claridge Farms, Longridge and Saddle Creek.
If you are a seller and curious about how much your home might be worth in the market or if you are a buyer and concerned that you purchase your next home in a great resale area, I’d like to help. Searching homes for sale in Carmel Indiana is what I do best!
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Cindy œin Indy Marchant – Carmel Real Estate Agent
Keller Williams Realty Indy Metro NE
Carmel IN Real Estate Website
317-290-7775
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Mar
7
Carmel Indiana Homes Sold in February 2011
Posted by searchcarmelhomes under Carmel, For Buyers, For Sellers, Marketing Reports
There are currently 760 homes for sale in Carmel Indiana and of those 78 are below $150,000. February was another good month for Carmel Indiana Real Estate; matching the 2010 numbers.
In February there were 66 homes sold in Carmel compared with 65 a year ago. The graph shows both January and February results comparable to 2010. The days on market are also improving at 104 days this month versus 115 days a year ago.
Where we might see some differences is in the luxury or wealthiest homes in Carmel. Last year there were 13 homes over $500,000 that sold; this month (February) there were only four. And of the four homes three of them sold for $100,000 less than their list price, so quite a buyers market. It might be that there was an appraisal issue also. These days we sell the house to the buyer and then again to the appraiser.
These luxury homes in Carmel can skew a price per sq ft number. If we look at all homes, the price per sq ft is $104 compared with $122 a year ago and we might become alarmed by that. Lucky for us, your Carmel Real Estate agent is also an Accountant and loves to analyze the numbers ! 
So, if I take out the four homes this month and the 13 homes from a year ago that are over $500,000 and recalculate the price per sq ft; it is $100 this month compared to $103 last year…so much less of a drop.
Buying a home in Carmel or selling a home in Carmel requires your REALTOR to understand the market and how to best negotiate the best deal for you. When that time comes for you, I hope you know you can trust me. I’d love to exceed your expectations.
Search Carmel Indiana Real Estate by Neighborhood
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Cindy œin Indy Marchant – Carmel Real Estate Agent
Keller Williams Realty Indy Metro NE
Carmel IN Real Estate Website
317-290-7775
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Carmel Indiana Real Estate and Homes for Sale is authored by Cynthia Marchant
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