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)
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, Hemby Bridge, remained a home seller's market in April 2022. It's been more than six years since Indian Trail could be considered a balanced market, much less a home buyer's market. Home prices increased 30.1% year-over-year. Pending sales also increased 32% year-over-year, while closed sales were flat. Inventory dropped year-over-year -- 24.1% lower than one year ago in April.
Indian Trail Area Housing Market Highlights April 2022 vs April 2021
Average home (24 comments)
stallings nc homes for sale: 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 (16 comments)
stallings nc homes for sale: Indian Trail, NC Home Prices Up 28.8% Y-O-Y In February 2022
- 03/12/22 05:56 AM
Latest news on the Indian Trail real estate market in February 2022 and what it means for you... Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge, remained a home seller's market in February 2022. 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 almost 29% year-over-year. Pending sales also increased significantly year-over-year, while closed sales increased, as well. Inventory dropped year-over-year -- almost 50% lower than one year ago in February.
Indian Trail Area Housing Market Highlights February 2022 vs February 2021
Indian Trail Area Housing Market Highlights January 2022 vs January 2021
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge, remained a home seller's market in January 2022. 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 29.1% year-over-year. Pending sales also increased year-over-year, while closed sales decreased. Inventory dropped year-over-year, as well.
Average home prices increased 29.1% to $427,735 in January 2022 compared with the (32 comments)
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) in the Charlotte region, which includes the towns of Indian Trail, Stallings, and Hemby Bridge remained a home seller's market in October 2021. In fact, it's been six years since Indian Trail could be considered a balanced market. Home prices increased by double digits over October 2020. Pending sales also increased year-over-year. Meantime, days on market and inventory dropped year-over-year, despite a small increase in new listings in October.
Average home prices increased 34.6% to $410,765 in October 2021 (28 comments)
Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge remains a home seller's market. In fact, it's been six years since Indian Trail could be considered a balanced market. Home prices increased by double digits over August 2020, as did pending sales. Meantime, days on market and inventory dropped significantly year-over-year, despite an increase in new listings in August.
Average home prices increased 21.2% to $363,856 in August 2021 compared with the same month one year ago. Average (14 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.
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)
Indian Trail/28079 Zip Code Housing Market Snapshot: June 2019
Indian Trail, NC (28079 zip code) area includes the towns of Stallings, Hemby Bridge, and Lake Park in Union County. The Indian Trail area saw an increase in both average and median home prices year-over-year, as well as month-over-month. Prices continued to increase as the months supply of homes for sale remained low at just 2.4 months (dropping 11.1% versus one year ago) and inventory dropping 10% versus one year ago. Although days on market are up somewhat compared with June 2018, median days on market in June 2019 were just 15 days. With median (20 comments)
November 2017 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've seen throughout the year 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 2.2% to just over $252,000 as compared with the same period one year ago.
Average days on market for property listings dropped by 4 days to 40 days from 44 days just one year ago--an 9.1% improvement over (22 comments)
September 2017 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've seen throughout the year with sale prices increasing, days on market decreasing, available inventory decreasing, closed and pending sales just barely "hanging on" due to lack of inventory.
The average sale price of Indian Trail area homes increased by 6.5% to $255,500 as compared with the same period one year ago.
Average days on market for property listings dropped by 5 days to 40 days from 45 days just one year ago--an 11.1% improvement over (22 comments)
June 2017 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 positive trends we've seen since the year started with sale prices increasing, days on market substantially decreasing, available inventory decreasing. Closed and pending sales barely hanging on due to lack of inventory.
The average sale price of Indian Trail area homes increased by 6.7% to just under $249,000 as compared with the same period one year ago.
Average days on market for property listings dropped by 5 days to 43 days from 48 days just one year ago--a 10.4% improvement (14 comments)
April 2017 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 positive trends of the first quarter of 2017 with sale prices increasing, days on market substantially decreasing, available inventory decreasing, closed sales increasing.
The average sale price of Indian Trail area homes increased by 8.8% to just under $248,000 as compared with the same period one year ago.
Average days on market for property listings dropped by 7 days to 44 days from 51 days just one year ago--a 13.7% improvement over the same period last year. Median days on market (12 comments)
March 2017 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 positive trends of the first two months of 2017 with sale prices increasing, days on market substantially decreasing, available inventory decreasing, and both pending and closed sales increasing.
The average sale price of Indian Trail area homes increased by 8.5% to just over $247,000 as compared with the same period one year ago.
Average days on market for property listings dropped by 9 days to 44 days from 53 days just one year ago--a 17.0% improvement over the same period last (12 comments)