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.
Matthews (28105 zip code) housing market remained a home seller’s market in June 2020 as evidenced by extremely low inventory and months supply of inventory, decreases in days on market, and increased pending sales. Matthews’ housing market appears to be rebounding nicely from the early effects of the corona virus restrictions and pent-up buyer demand is still greater than supply of homes to purchase.