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 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)
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)
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)
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 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)
indian trail nc housing market update: Home Prices In Indian Trail, NC Up 39.5% Y-O-Y In March 2022
- 04/28/22 05:57 AM
Latest news on the Indian Trail real estate market in March 2022 and what it means for you... Home prices increased 39.5% year-over-year in the Indian Trail area in March 2022. Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge, remained a home seller's market in March 2022. Iit's been more than six years since Indian Trail could be considered a balanced market, much less a home buyer's market. Pending sales also increased 15.5% year-over-year, while closed sales were flat. Inventory dropped year-over-year -- 24% lower than one year ago in March 2021.
Indian Trail Area Housing Market Highlights December 2021 vs December 2020
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge, remained a home seller's market in December 2021. In fact, it's been six years since Indian Trail could be considered a balanced market, much less a home buyer's market. Home prices increased 30.9% year-over-year and Indian Trail saw the highest average home prices in its history in December. Pending sales also increased year-over-year. Inventory dropped year-over-year, despite an increase in (20 comments)
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, and Hemby Bridge, remained a home seller's market in November 2021. In fact, it's been six years since Indian Trail could be considered a balanced market, much less a home buyer's market. Home prices increased 43.7% year-over-year and Indian Trail saw the highest average home prices in its history in November. Pending sales also increased year-over-year. Inventory dropped year-over-year, despite an increase in new listings in November.
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge has totally recovered from the effects of the pandemic and is without doubt a home seller's market. Home prices increased by double digits over June 2020, while days on market and inventory dropped significantly year-over-year.
Average home prices increased 22.2% to $375,717 in June 2021 compared with the same month one year ago. Average home prices were also up $23,000 month-over-month. Median home prices increased 19.7% to $370,000 (30 comments)
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge has totally recovered from the effects of the pandemic and is without doubt a home seller's market. Home prices increased by double digits over May 2020, while days on market and inventory dropped significantly year-over-year.
Average home prices increased 14.3% to $352,137 in May 2021 compared with the same month one year ago. Average home prices were also up $30,000 month-over-month and $72,000 over May 2019. Median home (14 comments)
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge has fully recovered from the effects of the pandemic and is without doubt a home seller's market. Home prices increased over April 2020, while days on market and inventory dropped significantly year-over-year.
Average home prices increased 6.6% to $322,707 in April 2021 compared with the same month one year ago. Median home prices increased 17.5% to $335,000 year-over-year. Price per square foot averaged $158 (up $20/square foot), increasing 14.5% (28 comments)
Latest news on the Indian Trail real estate market in February 2021 and what it means for you...
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge has totally recovered from the effects of the pandemic. Home prices increased over February 2020, while days on market and inventory dropped significantly year-over-year.
Average home prices increased 18.1% to $330,316 in February 2021 compared with the same month one year ago. Median home prices increased 14.7% to $323,000 year-over-year. Price per square foot averaged $147 (up $20/square foot), increasing 15.7% year-over-year.
9 Hot Indian Trail, NC Neighborhoods To Watch In 2021
Indian Trail in Union County remains an affordable area for homes with numerous communities still selling at under $300,000 and just over $300,000. Five of these 9 neighborhoods have been top selling neighborhoods in Indian Trail for four consecutve years: Fieldstone Farm, Brandon Oaks, The Enclaves at Crismark, Lake Park, and Crismark.
BRANDON OAKS
69 homes sold in Brandon Oaks in 2020 compared with 79 homes sold in 2019. Brandon Oaks remains a perennially favorite and affordable Indian Trail neighborhood, although average sale prices in 2019 rose to over $300,000 to $300,906 in 2020 (20 comments)
Latest news on the Indian Trail real estate market in November and what it means for you...
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge appears to have recovered from the initial effects of the pandemic earlier in the year. Closed sales and home prices increased over November 2019, while days on market and inventory dropped year-over-year.
Average home prices increased 11.7% to $323,225 in November 2020 compared with the same month one year ago. Median home prices increased 9.8% to $316,800 year-over-year. Price per square foot averaged $142 (up $13/square foot), increasing 10.1% (6 comments)
Latest news on the Indian Trail real estate market in September 2020 and what it means for you...
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge appears to have recovered from the initial effects of the pandemic. Closed sales and home prices increased over September 2019, while days on market and inventory dropped year-over-year.
Average home prices increased 9.2% to $300,297 in September 2020 compared with the same month one year ago. Median home prices increased 13.2% to $298,945 year-over-year. Price per square foot averaged $142 (up $14/square foot), increasing 10.9% year-over-year.