Indian Trail Real Estate January 2019
INDIAN TRAIL REAL ESTATE JANUARY 2019 REPORT
Indian Trail real estate January 2019 includes the towns of Stallings, Hemby Bridge, and Lake Park in the 28079 zip code in Union County. Home prices increased slightly in January 2019 compared with the same month one year ago. Despite an increase in new listings and inventory, the months supply of homes remained low at 2.2 month keeping Indian Trail a home seller’s market. Closed sales increased in January 2018 and days on market dropped.
Indian Trail Real Estate January 2019 Remained A Home Seller’s Market
- Average sale price of Indian Trail area homes increased 1% to just under $244,000 in January 2019 as compared with the same period one year ago.
- Median sale price for Indian Trail area homes in January 2019 also increase 1% versus one year ago.
- Average days on market for property listings in Indian Trail during January 2019 were 30 days (down 11 days compared with one year ago).
- Median days on market stood at 14 days in January 2019 (down 4 days compared with one year ago).
- Average price per square foot increased 12.6% to $123/square foot ($14 per square foot) in January 2019 versus the same period in 2018.
- Pending sales in Indian Trail were down 1.8% in January 2019 versus the same month last year. This represented one less home sale.
- Closed sales in Indian Trail increased 8.1% in January 2019 compared with the same month one year ago.
- New listings in Indian Trail increased 15.1% versus January 2018.
- Months supply of inventory remained low at 2.2 months keeping Indian Trail a seller’s market despite the increase in new listings.
- Median percent of original list price that sellers received for their homes was 97.7%, showing relatively little negotiating room in the 28079 zip code for Indian Trail area homes.
INDIAN TRAIL REAL ESTATE HIGHLIGHTS
JANUARY 2019 VS JANUARY 2018
8 HOT INDIAN TRAIL NEIGHBORHOODS TO KEEP YOUR EYE ON
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.
WHY LIVE IN INDIAN TRAIL?
Indian Trail is situated about 15 miles southeast of Charlotte in Union County. The town’s name, “Indian Trail,” is derived from the Native American path that wound through this area from Petersburg, Virginia, to the Waxhaw Indians, and gold mining. The Indian Trail was founded in 1861 and its first roots are as a farming community. Indian Trail was incorporated as a town in 1907. Indian Trail is now the largest town in Union County. Family Circle Magazine named Indian Trail as one of the 10 Best Places In America To Raise A Family. Indian Trail has also been ranked as one of America’s Top 50 small cities to live in. Indian Trail offers a diverse range of housing options, including single-family homes, townhouses, and apartments. Many Indian Trail neighborhoods feature amenities and well-maintained green spaces, attracting families and young professionals seeking a suburban lifestyle. With its proximity to Charlotte and favorable business climate, Indian Trail has experienced significant economic growth in recent years. The town continues to attract businesses, entrepreneurs, and investors, contributing to its thriving economy and employment opportunities.
The Town of Indian Trail offers numerous community activities to residents, including: a Paws in the Park Festival, 4th of July Parade, Family Fun Day, a Fall Festival, Halloween Spooktacular, Christmas Parade, and more. Lots of civic groups to get involved with in Indian Trail, as well, including Boy Scout, Cub Scout and Girl Scout troops, Lions and Rotary Clubs, and a VFW Post. Indian Trail is home to numerous parks and recreational facilities for residents to enjoy. The Indian Trail Parks and Recreation Department oversees various parks, sports fields, and community centers, providing opportunities for outdoor activities, sports leagues, and cultural events. The Town of Indian Trail sponsors activities for kids, adults, seniors, and families.
It’s easy to find your dream home in the Indian Trail area at GreatHomesInCharlotte.com. You can search for all homes for sale in the 28079 zip code for sale here at: www.GreatHomesInCharlotte.com.
FREE Home Buyer’s Guide: “Things To Consider When Buying A Home.”
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Buying Or Selling A Home In The Indian Trail Area…
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, Indian Trail area specialist and Greater Charlotte area residential real estate expert. I’ve been opening doors for Indian Trail home buyers and sellers since 1999.
If you’re thinking about buying or selling 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: