Indian Trail, NC Real Estate Report: June 2020

Indian Trail (28079 zip code) Real Estate Update June 2020

Indian Trail appears to have recovered nicely from the negative affects of the corona virus in March, April, and May. Year-over-year, home sales and home prices increased while days on market decreased. Housing inventory is razor-thin and Indian Trail will need a significant increase in inventory to maintain this pace of home sales in the coming months. But no doubt there’s been plenty of pent-up buyer demand for Indian Trail area homes.

Indian Trail Real Estate Report: May 2020

Indian Trail (28079 Zip Code) Housing Market Report May 2020

Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge, continued to feel the impact of the corona virus pandemic in May 2020 . Housing inventory, months supply of homes, new listings, home showing, and closed and pending sales all were down significantly. Meantime home prices continued to increase.

Indian Trail Real Estate Report: April 2020

Indian Trail Home Sales Report April 2020

Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge, felt the impact of the corona virus pandemic in April 2020 — the first full month of stay-at-home restrictions in North Carolina. Days on market, housing inventory, months supply of homes, new listings all were down significantly. Closed and pending sales also down significantly.

Indian Trail Real Estate Report: March 2020

Indian Trail Real Estate Snapshot March 2020

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 March 2020 and housing inventory down 28.5% versus March 2019. Closed and pending sales were down year-over-year, but home sale prices were up. Days on market were down substantially. There seems to be no slowdown in the demand for Indian Trail homes in the first quarter of 2020.

Indian Trail Real Estate Report: February 2020

Indian Trail Housing Market Snapshot Feb 2020

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 Real Estate Report: January 2020

Indian Trail NC Real Estate Market January 2020

Indian Trail area (28079 zip code which includes the towns of Indian Trail, Stallings, Hemby Bridge) remained a seller’s market with just 1.8 months supply of homes in January 2020 and housing inventory down 22.2%. Home prices were up significantly. Clearly, there’s no slowdown in the demand for Indian Trail homes. Check out the hottest selling neighborhoods in Indian Trail.

Indian Trail Real Estate Report: December 2019

Indian Trail Real Estate Update December 2-19

Indian Trail area (28079 zip code which includes the towns of Indian Trail, Stallings, Hemby Bridge) remained a seller’s market with less than 2 months supply of homes in December 2019. Additionally, housing inventory and days on market were both down., despite a small increase in new listings. Home prices were up significantly. Clearly, there’s no slowdown in the demand for Indian Trail homes.

Indian Trail Real Estate Report: November 2019

Indian Trail Area Real Estate Report November 2019

Indian Trail area (28079 zip code which includes the towns of Indian Trail, Stallings, Hemby Bridge) remained a seller’s market with just 2 months supply of homes in November 2019. Additionally, housing inventory was down, new listings were down, days on market were down. Home prices were up significantly. Clearly, there’s no slowdown in the demand for Indian Trail homes.

Indian Trail Real Estate Report: October 2019

Indian Trail Real Estate Report October 2019

Indian Trail remained a seller’s market with just 2.2 months of inventory in October 2019. Despite an influx of new listings, which generated large increases in closed and pending sales during the month of October, total inventory was down 16.8% compared with the same month one year ago. And average days on market dropped to 33, down 21 days compared with one year ago. Clearly, there’s no slowdown in the demand for Indian Trail homes as we entered the fall selling season in earnest.

Indian Trail (28079 Zip Code) Real Estate Report: September 2019

Indian Trail Housing Market Report September 2019

Indian Trail (28079 zip code) real estate report/snapshot for September 2019. Indian Trail, NC area also includes the towns of Stallings, Hemby Bridge, and Lake Park in Union County. The Indian Trail area saw an increase in both average (+5.4%) and median (+6.1%) home prices, as well as a significant increase in both closed and pending home sales. Despite an increase in new listings of 31.7% in September, Indian Trail saw a drop in the months supply of homes for sale to just 2.3 months (dropping from 2.8 months versus one year ago) and in inventory by 15.5% versus one year ago. With 26 average days on market and 8 median days on market in September, it’s clear that Indian Trail homes are selling quickly and about as quickly as new homes come on the market. At a median selling price of 99.1% of list price, not much room for buyers to negotiate.