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This Month In Real Estate: Indian Trail, NC (28079 Zip Code): Oct 2018
 
Indian Trail/28079 Zip Code Housing Market Update & Video: October 2018
 
 
Housing market information for Indian Trail, NC (28079 zip code), which includes the towns of Stallings, Hemby Bridge, and Lake Park in Union County, updated for October 2018. Home sales in the Indian Trail area continued the trends we've seen since 2017 and all this year-to-date with sale prices increasing and availability of affordable inventory decreasing.


 
The average sale price of Indian Trail area homes increased by 7.1% to just over $266,000 as compared with the same period one year ago. Median home sale prices also increased by 9.4%.
Average days on market for property listings increased by 16 days to 54. 
Median days on market also increased by 11 days to 23 days in October 2018. 
Average price per square foot dropped by 5% to $115/square foot in October 2018 versus the same period in 2017.
Pending sales were down 16.9% in October 2018 versus the same month last year.
October closed sales increased 8.6% compared with one year ago.
Housing inventory was up 2.9% in October 2018 with 2.6 months supply of inventory (up 1/10 of one month).
New listings were down 11.7% compared with one year ago, more than likely impact the pending sales numbers in October 2018.
The median percent of original list ... more

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