The 2011 Indian Trail NC Real Estate Market—Four Facts
It's time to look at the real estate market in Indian Trail NC and to assess how home buyers and home sellers fared in 2011.
Here are four facts about the Indian Trail marketplace in 2011.
- The real estate market improved in 2011 over 2010 with more homes sold and fewer days on market.
- The median single family sales price was up less than 1% over 2010 but down significantly from 2008 and 2009.
- Very few townhomes sold in Indian Trail in 2011.
- Approximately a quarter of 2011 sales were new construction and a quarter were distressed sales.
What do these four facts mean for Indian Trail buyers and sellers?
- The nearly equal median sales price of the past two years may mean that Indian Trail prices have bottomed.
- Buyers may find Indian Trail a good place to find affordable new homes.
- With resales representing only half of the market, Indian Trail sellers face competition from new homes and distressed sales.
Want to learn more about the real estate market in Indian Trail and see all the numbers for each of the past four years? Want to know where the most active Indian Trail neighborhoods were in 2011? Click on the link below.
Indian Trail NC Real Estate Market Report—Year 2011
Copyright 2012. Carol Fox. Allen Tate Realtors. *The 2011 Indian Trail NC Real Estate Market—Four Facts*
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