Northeast Carmel Market Update 2020

Northeast Carmel Market Update 2020

The Northeast Carmel market has been picking up over the last three months with a significant reduction in average days to sell(DOM) for sold properties when compared with the chart from sales in the first quarter of 2020 below showing 136 days to sell on average.

We also compared the latest statistics with a 90 day search from 2019 to show what the average days on market looked like one year ago at this time, and found that our current AVG DOM of 35 days is moving faster than last year’s 46 days.

With great interest rates in a Carmel neighborhood with entry level Carmel pricing up to sales in the $3-4M range, Northeast Carmel offers a wide range of buying options for buyers looking to be in a quiet neighborhood sometimes within walking distance to town. We are pleased to represent three of the nine properties currently available in Northeast Carmel, and those listings – each under $1,300,000 – can be found here!

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