Key take-aways about the Indian Trail area (28079 zip code) housing market in November 2023, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Both average and median sale prices improved from October and year-over-year. New listings declined a fifth consecutive month by 14.6% from October and declined almost 31% compared with November 2022. This was the lowest level of listings in over three years. Housing inventory was at its lowest level since April 2023. Months supply of inventory at … (8 comments)
Key take-aways about the Indian Trail area (28079 zip code) housing market in October 2023, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Average home price was flat compared with September 2023 and slightly down from October 2022. Median home price increased slightly from September 2023 and was flat compared with October 2022. New listings declined a fourth consecutive month by almost 28% from September and declined almost 40% compared with October 2022. This was the lowest level of … (10 comments)
Crismark home sales in Quarter 3-2023 saw the average sale price remain flat year-over-year. Quarter-over-quarter, average home prices increased significantly and were at their highest level compared with the first two quarters of 2023. Median home sale price declined compared with the same quarter one year ago, but increased quarter-over-quarter. And as with the average sale price, the median sale price was at its highest level compared with the first two quarters of the year. Just seven homes sold in Quarter 3-2023, down 46% from one … (22 comments)
2.29 Months Of Inventory In August Kept Indian Trail A Home Seller's Market Key take-aways about the Indian Trail area (28079 zip code) housing market in August 2023, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Both average and median home prices increased year-over-year and month-over-month. New listings declined from almost 32.99% compared with August one year ago. New listings declined slightly from July 2023. Housing inventory declined year-over-year and was up slightly month-over-month. Months supply … (10 comments)
Key take-aways about the Indian Trail area (28079 zip code) housing market in July 2023, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Both average and median home prices decreased year-over-year and month-over-month. New listings declined from almost 37.7% compared with July one year ago. New listings also declined from June 2023. Housing inventory declined year-over-year and was flat month-over-month. Months supply of inventory at 2.52 months kept Indian Trail in "seller territory" in July … (20 comments)
Key take-aways about the Indian Trail area (28079 zip code) housing market in June 2023, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Both average and median home prices increased year-over-year by 13.38% and 12.32%, respectively. New listings declined from almost 16% compared with June one year ago. Housing inventory declined year-over-year and month-over-month. Months supply of inventory at 2.28 months kept Indian Trail in "seller territory" in June 2023. Days on market declined by eight … (22 comments)
Crismark home prices increased both year-over-year and quarter-over-quarter for the quarter ended June 30, 2023. Year-over-year the average home price increased 10%, while the median sale price increased 18%. Compared with the First Quarter 2023, Crismark homes sold on average for $90,000 more in Quarter 2-2023. The median sale price increased by $85,000 quarter-over-quarter. Some of this increase is attributable to the higher price mix of Second Quarter listings. Although the average days on market increased 38% compared with the same quarter one year ago, days … (10 comments)
Key take-aways about the Indian Trail area (28079 zip code) housing market, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Both average and median home prices had only a slight increase in May. New listings declined from May 2022, but increased month-over-month. Housing inventory was at its second lowest level since May 2022, despite a 37+% increase in new listings versus April 2023. Months supply of inventory fell below 3 months in May 2023. Days on … (22 comments)
3018 Early Rise Avenue was listed as a Coldwell Banker office exclusive listing and before the ink fully dried on the listing documents, one of my own buyer clients scooped it up! My seller had purchased this property with me six years ago as an investment property and when his most recent tenant gave notice in April, decided to sell it.
One month later, 3018 Early Rise Avenue is SOLD & CLOSED at $375,000 and the new homeowner and her fiancee are happily moving in this weekend after … (20 comments)
Key take-aways about the Indian Trail area (28079 zip code) housing market, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Both average and median home prices increased month-over-month and year-over-year. New listings declined 44+% from April 2022. New listings also declined from March 2023. Housing inventory was at its lowest level since April 2022, despite an 11.72% increase year-over-year. Days on market declined by 14 days in April 2023 compared with the prior month of … (30 comments)
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, continued to show signs of a shifting market in March 2023. Key take-aways about the March 2023 housing market include: Both average and median home prices declined month-over-month and year-over-year. New listings increased month-over-month, but decreased 43.33% year-over-year. Housing inventory was higher year-over-year, but was down month-over-month. Inventory of homes for sale was at its lowest since April 2022. Days on market … (10 comments)
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, continued to show signs of a shifting market in February 2023. Key take-aways about the February 2023 housing market included: Both average and median home prices increased month-over-month and year-over-year. New listings increased month-over-month, but decreased year-over-year. Despite an increase in housing inventory, the number of homes for sale in February 2023 was at its lowest level since June 2022. Days on … (26 comments)
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, and Hemby Bridge, continued to show signs of a cooling market in January 2023 with sales down, days on market up, and inventory up. At the same time, average home prices increased and new listings decreased year-over-year and month-over-month, while the list to sale price ratio increased by 1% compared with the previous month of December 2022.
Indian Trail Area Housing Market Highlights
INDIAN TRAIL AVERAGE HOME SALE PRICES INCREASED YEAR-OVER-YEAR … (28 comments)
Crismark 2022 home sale prices increased 20%; median home sale prices increased 24%. The list to sale price ratio decreased by 1% in 2022, but was still almost 102%. And while average days on market increased in 2022, they were still quite low at just 17 days.
Appreciation in home sale prices in Crismark slowed in the Fourth Quarter 2022. Average home sale prices increased just 11% and median home sale prices decreased 5%. Further softening in the market was evident in the 5% decline in the list to sale price ratio … (20 comments)
863 homes sold in the Indian Trail/28079 zip code area in 2022 at an average sale price that was 18% higher year-over-year, pushing average prices into the mid-$400,000's. Until 2022, Indian Trail home prices averaged in the mid to high $300,000's. Indian Trail in Union County, long one of Greater Charlotte region's more affordable areas for homes, is becoming less affordable.
Three of these 10 neighborhoods have been top selling neighborhoods in Indian Trail for seven consecutive years: Brandon Oaks, Lake Park, and Crismark.
BRANDON OAKS 56 homes sold in Brandon Oaks … (10 comments)
After setting record home prices in October 2022, Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, and Hemby Bridge, showed signs of a cooling market year-over-year with average home sale prices down, pending and closed sales down, median list to sale price ratio down, foot traffic in listed properties down, days on market up, and inventory up dramatically for a third consecutive month in November 2022.
Indian Trail Area Housing Market Highlights November 2022 vs November 2021
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, and Hemby Bridge showed signs of a cooling market with pending and closed sales down, median list to sale price ratio down, foot traffic in listed properties down, days on market up to their highest level in 2022, and inventory up dramatically for a second consecutive month in October 2022. By the same token, average home prices increased year-over-year and set a new record high.
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, and Hemby Bridge showed signs of a shifting and cooling market with pending and closed sales down, median list to sale price ratio down, foot traffic in listed properties down, days on market up, and inventory up dramatically in September 2022. By the same token, average home prices increased year-over-year and were the second highest in 2022.
Indian Trail Area Housing Market Highlights September 2022 vs September 2021
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, and Hemby Bridge showed signs of a shifting and cooling market with pending and closed sales down, median list to sale price ratio down, foot traffic in listed properties down, and inventory up dramatically in August 2022. By the same token, home prices increased, days on market remained relatively low, price per square foot set a new record.
Indian Trail Area Housing Market Highlights August 2022 vs August 2021
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge in Union County, remained a home seller's market in May 2022, despite all the talk of a market correction. It's been more than six years since Indian Trail could be considered a balanced market, much less a home buyer's market. Average home prices increased 32.5% year-over-year, setting a new record. Average days on market also dropped in May. Pending sales also decreased 12.4% year-over-year, while closed … (16 comments)
Latest news on the Indian Trail real estate market in November 2023...
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