Indian Trail Real Estate August 2024

 

 Indian Trail Real Estate August 2024 Trends

INDIAN TRAIL HOUSING INVENTORY UP A 4TH CONSECUTIVE MONTH

The number of properties for sale in August 2024 increased 4.66% to 211 properties for sale from 202 in the previous month of July. Inventory was 24.12% higher than in August 2023 when inventory stood at 170 homes. Compared with August 2022, when properties for sale stood at 224, inventory was lower in August 2024. The August 2024 inventory was at its highest level since November 2022 when inventory stood at 226 properties for sale.

 

The months supply declined to 3.58 months from 3.9 months in the previous month of July. At under four months of inventory, Indian Trail remained a home seller’s market in August 2024.

 

 

NEW LISTINGS UP A 3RD CONSECUTIVE MONTH

New listings increased 7.04% from 71 properties to 76 properties month-over-month. New listings were 16.92% higher than the 65 new listings we saw one year ago in August 2023. August 2024 listings were lower compared with August 2022, which saw 97 new listings. August’s new listings were at their third highest level in 2024.

 

 

INDIAN TRAIL HOME SALES UP MONTH-OVER-MONTH | DOWN YEAR-OVER-YEAR

Sales in August 2024 improved 13.46% to 59 from 52 sales in July. Sales were at their lowest level compared with August 2023 (80 sales) and August 2022 (67 sales). Nonetheless, August 2024 sales were at their third highest level since August 2023.

 

 

DAYS ON MARKET UP

Average days on market increased 14.81% to 31 days from 27 days in the previous month of July. Compared with August 2023, days on market were 5 days higher this year (+19.23%). Compared with August 2022, days on market were 12 days higher this year. 

 

 

LIST TO SALE PRICE RATIO JUST UNDER 100%

The list to sale price ratio in August 2024 was 99.08% up from 98.65% in the previous month and equal to that of August one year ago.

 

 

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. 

 

 

 

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

 

Did you know that Indian Trail’s Porter Ridge Middle School and Union Prep Academy are ranked in the top 20 middle schools in the Greater Charlotte area? Union Prep Academy, a charter school, is ranked the #1 public middle school in Union County.

 

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”

 

 

This Charlotte, North Carolina real estate monthly update for the Indian Trail area in the 28079 zip code is provided by Nina Hollander, Coldwell Banker Realty, Greater Charlotte 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 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.”