Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

What Happened In The Indian Trail, NC Housing Market In January 2018?

 
January 2018 home sales in Indian Trail, North Carolina area (28079 zip code), which also includes the Towns of Stallings, Hemby, and Lake Park in Union County, continued the trends we saw throughout 2017 with sale prices increasing, days on market decreasing, available inventory decreasing, closed and pending sales decreasing due to the continuing lack of inventory.
 
The average sale price of Indian Trail area homes increased by 3.1% to just under $257,000 as compared with the same period one year ago. 
 
Average days on market for property listings dropped by 9 days to 36 days from 45 days just one year ago--a 20.0% improvement over the same period last year. Median days on market also dropped by 33.3% to 10 days in January 2018. 
 
Average price per square foot increased by 4.8% to $110/square foot in January 2018 versus the same period in 2017. Pending sales decreased 8.8% in January versus the same month last year, while January closed sales  decreased by 11.8%. No doubt the lack of inventory, which was only 2.3 months, contributed to the decrease in pending and closed sales in January 2018.
 
During January 2018, the number of showings until pending contract per listing averaged 16 showings (down 11.1% versus January 2017) and the number of showings per listing averaged 8 showings.  Given the reduced number of ... more

__________________________________________________
Are you on The Rain? Grow Your Network!