Indian Trail area (28079 zip code which includes the towns of Indian Trail, Stallings, Hemby Bridge) remained a seller’s market with just 1.6 months supply of homes in February 2020 and housing inventory down 27.4%. Closed sales increased 40% year-over-year and days on market were down. Clearly, there’s no slowdown in the demand for Indian Trail homes. Check out the hottest selling neighborhoods in Indian Trail.

Indian Trail (28079 Zip Code) Real Estate Report: February 2020

 

Latest news on the Indian Trail real estate market and what it means for you…

Indian Trail real estate report for February 2020. The Indian Trail, NC area includes the towns of Stallings, Hemby Bridge, and Lake Park in Union County in the 28079 zip code. With lower inventory, fewer days on market and fewer months supply of inventory, Indian Trail remained predominantly a seller’s market in February.

The Indian Trail area experienced small decreases in both average and median home sale prices in February 2020 compared with the same month in 2019. Average home prices decreased 2.5% to $274,163, while median home prices decreased 1.1% to $279,500 year-over-year. The small decrease in home prices is less reflective of a diminution in home values than of the price mix of homes that sold in February.

Price per square foot averaged $127 (up $11/square foot), increasing 9.5% year-over-year.

The months supply of homes for sale dropped to 1.6 months (down 36% from 2.5 months in February 2019). The months supply of homes also dropped month-over-month from 1.8 months in January 2020. Inventory of homes also dropped 27.4% compared with the same month one year ago.

New listings increased slightly in January — by 6.6% compared with the same time frame one year ago. Closed sales in February increased 40% year-over-year, while pending sales increased 19%.

Average days on market were 59 (down 7 days) and median days on market were 32 (down 27 days year-over-year) in January.  Indian Trail homes continue to sell quickly.

At a median selling price of 98.2% of list price, Indian Trail buyers should expect minimal room to negotiate, especially in Indian Trail’s hottest communities where the discount hovered around 99%.

 

Want to know what this would mean for your family if you decide to buy or sell an Indian Trail area home?

We can help.

Call us today at 704-779-0813 or contact us here.

There’s absolutely NO OBLIGATION. A consultation with Carolinas Realty Partners is FREE

 

                                          

Indian Trail Housing Market Highlights: February 2020 vs February 2019

Indian Trail (28079 Zip Code) Real Estate Report Feb 2020

Median Home Price Trends In Indian Trail Area

 

Find Your Indian Trail Dream Home

 

Indian Trail, NC is ranked as one of America’s 50 Top Small Cities To Live In

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11 HOT INDIAN TRAIL NEIGHBORHOODS TO WATCH

 

Hot Indian Trail NC Neighborhoods

 

 

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 FREE Home Buyer Guide: “Things To Consider When Buying A Home”

 

What’s Your Indian Trail Area Home Worth?

Wondering what your Indian Trail area home is worth in today’s market? Find out by clicking on the picture below.  

If you’re thinking about selling your Indian Trail area home, let’s get together and discuss the supply conditions in your neighborhood and how we can assist you in gaining access to buyers who area ready, willing, and able to buy now.

 

 

Contact us if you’d like to receive our Neighborhood Analyzer Report on a monthly basis so you can keep track of home sales activity in your neighborhood.

We’re happy to provide this information with no obligation on your part.

FREE Home Seller Guide: “Things To Consider When Selling Your House”

 

THINKING OF SELLING YOUR HOME? CHECK OUT THE COLDWELL BANKER MARKETING ADVANTAGE


 


Previous Indian Trail Housing Market Updates

Whether You’re Buying Or Selling An Indian Trail Home…

… The Right Broker Makes All The Difference!

 

This Charlotte, North Carolina real estate monthly update for Indian Trail is provided by Nina Hollander and Carolinas Realty Partners with Coldwell Banker Residential Brokerage, your Indian Trail area specialists and Charlotte metro area residential real estate experts. We’ve been opening doors for Indian Trail  area home buyers and sellers for 20+ years.

 

If you’re considering selling or purchasing a home in the Charlotte metro area, I’d love an opportunity to earn your business, to exceed your expectations, and to show you how:

 “The Right Broker Makes All The Difference.”

 

Great Homes In Charlotte


 

Summary
Indian Trail, NC Real Estate Report: February 2020
Article Name
Indian Trail, NC Real Estate Report: February 2020
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Indian Trail area (28079 zip code which includes the towns of Indian Trail, Stallings, Hemby Bridge) remained a seller's market with just 1.6 months supply of homes in February 2020 and housing inventory down 27.4%. Closed sales increased 40% year-over-year and days on market were down. Clearly, there's no slowdown in the demand for Indian Trail homes. Check out the hottest selling neighborhoods in Indian Trail.
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