Indian Trail Real Estate April 2021

 

Latest news on the Indian Trail real estate in April 2021 and what it means for you…

Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge has totally recovered from the effects of the pandemic and is without doubt a home seller’s market. Home prices increased over April 2020, while days on market and inventory dropped significantly year-over-year. Housing inventory is razor-thin with less than a one month’s supply of homes for sale.

 

Average home prices increased 6.6% to $322,707 in April 2021 compared with the same month one year ago. Median home prices increased 17.5% to $335,000 year-over-year.  Price per square foot averaged $158 (up $20/square foot), increasing 14.5% year-over-year.

 

The months supply of homes for sale dropped to 0.8 months (down 60% from 2 months in April 2020). Inventory of homes also dropped 59.3% compared with the same month one year ago. New listings increased in April — by 43.1% compared with the same time frame one year ago. The increase in new listings is not surprising as in April 2020 our housing market was essentially shut down due to pandemic related lock-downs.

 

Closed sales in April increased 7.6%, while pending sales increased 47.1%. Again, the increase in pending sales year-over-year is not surprising given the April 2020 lockdowns which put our real estate activity on hold.

 

The low inventory coupled with higher home prices are a testament to the recovery of the Indian Trail housing market after a dismal performance in the first couple of months of the pandemic.

 

Average days on market were 7 (down 20 days year-over-year and down 5 days month-over-month). Average days on market were down 58 days from two years ago. Median days on market were just 2 (down 3 days year-over-year) in April. Median days on market were also down 19 days from two years ago. This, too, speaks to pent-up buyer demand and a recovered market for the Indian Trail housing market in April 2021.

 

At a median selling price of 102.3% of list price (up 2.9% from April 2020), Indian Trail home buyers should expect minimal room to negotiate, especially in Indian Trail’s hottest selling communities.

 

 

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

 

I can help.

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

There’s absolutely NO OBLIGATION. A consultation with Nina Hollander is FREE. 

 

 

 

MORE DETAILS ABOUT INDIAN TRAIL’S HOUSING MARKET PERFORMANCE

 

MORE DETAILS ABOUT STALLING’S HOUSING MARKET PERFORMANCE

 

 

 Indian Trail Real Estate

April 2021 versus April 2020 Highlights

 

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

CHECK OUT THE…

9 HOTTEST SELLING INDIAN TRAIL NEIGHBORHOODS 

 

 

 

And did you know that Indian Trail’s Porter Ridge Middle School is ranked in the top 20 middle schools in the Charlotte metro area?

 

SEARCH INDIAN TRAIL  HOMES  FOR  SALE

 

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

 

 

WONDERING WHAT YOUR INDIAN TRAIL, NC HOME IS WORTH?

 

 

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

 

 

 Median Home Sale Price Trends For 28079 Zip Code 

 

 

 

 Median Home Sale Prices Trends For: Indian Trail, Stallings, Hemby Bridge

 

This Charlotte, North Carolina monthly update for Indian Trail  real estate in the 28079 zip code is provided by Nina Hollander with Coldwell Banker Realty, Greater Charlotte area residential real estate expert and Indian Trail specialist. I’ve been opening doors for Indian Trail area home buyers and sellers since 1999.

 

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

 “The Right Broker Makes All The Difference.”