indian trail real estate report 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.