Indian Trail Housing Market Update/Video May 2019. Indian Trail, NC (28079 zip code) area includes the towns of Stallings, Hemby Bridge, and Lake Park in Union County. The Indian Trail area saw an increase in both average and median home prices year-over-year. Days on market were down sharply with homes selling in under three weeks on average. Prices continue to increase because the months supply of homes for sale remains low at just 2.2 months. With median selling price of 99.3% of list price, virtually no room for buyers to negotiate.
Video Update For The Indian Trail Housing Market: May 2019
Indian Trail, NC A Seller’s Market in May 2019
- Average sale price of Indian Trail area homes increased 2.8% to $278,508 in May 2019 as compared with the same period one year ago.
- Median sale price for Indian Trail area homes increased 10.5% in May versus one year ago to $271,950.
- Average days on market for property listings in Indian Trail during May 2019 dropped to 19 days from 67 days in April and from 24 days in May 2018.
- Median days on market dropped to 8 days in May, down 13 days from 21 days just one month ago in April 2019.
- Average price per square foot was $123/square foot (up $2/square foot) in May 2019 versus the same period in 2018.
- Pending sales in Indian Trail increased 5.7% in May 2019 versus the same month last year.
- Closed sales in Indian Trail decreased 1.2% in May 2019 compared with the same month one year ago.
- New listings in Indian Trail increased 23.6% compared with May 2018.
- Months supply of inventory remained low at 2.2 months (down 4.3% versus one year ago) keeping Indian Trail a seller’s market.
- Median percent of original list price that sellers received for their homes was 99.3%, indicating virtually no negotiating room in the 28079 zip code for Indian Trail area homes in May 2019.
8 Hot Indian Trail Neighborhoods
Wondering what the hot neighborhoods in the Indian Trail area are? Click on the picture below to discover the 8 hottest neighborhoods to be watching in the Indian Trail/28079 zip code area. Indian Trail has been ranked as one of the nation’s top 50 small cities to live in.
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What’s Your Indian Trail Area Home Is Worth?
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Previous Housing Market Updates For Indian Trail, NC
Buying Or Selling A Home In The Indian Trail Area…
… The Right Broker Makes All The Difference!
This Charlotte, North Carolina real estate monthly update for Indian Trail is brought to you 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 home buyers and sellers for 20+ years.
If you’re considering selling or purchasing a home in the Indian Trail, North Carolina area, I’d love an opportunity to earn your business, exceed your expectations, and to show you how:
Indian Trail, NC Homes For Sale
- Video Update For The Indian Trail Housing Market: May 2019
- Indian Trail, NC A Seller's Market in May 2019
- 8 Hot Indian Trail Neighborhoods
- Find Your Indian Trail Area Dream Home
- What's Your Indian Trail Area Home Is Worth?
- Previous Housing Market Updates For Indian Trail, NC
- Buying Or Selling A Home In The Indian Trail Area...
- Indian Trail, NC Homes For Sale