January Sales in Carmel were 13, down 18.8% from January 2011 and 13.3% down from the 15 sales in December. The market focus continues to be in the lower price ranges with the Median price of $880,000 up 14.7% from January of 2011.

The average days on the market were 98 which continues a yearly downward trend. For a complete review of the Carmel market please see Market Action Report – Carmel YTD January 2012

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