This Month In Real Estate: Indian Trail (28079 Zip Code) - Dec. 2018

By
Real Estate Agent with Coldwell Banker Residential Brokerage

 

Indian Trail/28079 Zip Code Housing Market Update And Video: December 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 December 2018.  Home prices increased in December. Despite an increase in new listings and inventory, the months supply of homes dropped to 2.3 keeping Indian Trail a seller’s market.





 

  • Average sale price of Indian Trail area homes increased 4.2% to just under $267,000 in December 2018 as compared with the same period one year ago. 

  • Median sale price for Indian Trail area homes in December also decreased 15.1% versus one year ago to $275,000.

  • Average days on market for property listings in Indian Trail were 52 days (up 19 days compared with one year ago).

  • Median days on market stood at 21 days in December 2018 (up 13 days compared with one year ago). 

  • Average price per square foot increased by 10.3% to $129/square foot ($12 per square foot) in December 2018 versus the same period in 2017. 

  • Pending sales in Indian Trail increased 9.3% in December 2018 versus the same month last year.

  • Closed sales in Indian Trail decreased 7.1% compared with the same month one year ago.

  • New listings in Indian Trail increased 40.6% versus December 2017.

  • Months supply of inventory remained low at 2.3 months keeping Indian Trail a seller’s market despite the increase in new listings.

  • Median percent of original list price that sellers received for their homes was 98.3%, showing relatively little negotiating room in the 28079 zip code for Indian Trail area homes.

 

 

 

SEARCH ALL INDIAN TRAIL AREA, NORTH CAROLINA HOMES HERE

 

 

 

 

WONDERING WHAT YOUR INDIAN TRAIL/STALLINGS HOME IS WORTH?

   

 

PREVIOUS INDIAN TRAIL, NORTH CAROLINA HOUSING MARKET UPDATES:

 

Indian Trail Housing Market Update: November 2018

Indian Trail Housing Market Update: October 2018

Indian Trail Housing Market Update: September 2018

Indian Trail Housing Market Update: August 2018

Indian Trail Housing Market Update: July 2018

Indian Trail Housing Market Update: June 2018

Indian Trail Housing Market Update: May 2018

Indian Trail Housing Market Update: April 2018

Indian Trail Housing Market Update: March 2018

Indian Trail Housing Market Update: February 2018

Indian Trail Housing Market Upate: January 2018

 

 

This Charlotte, North Carolina real estate monthly update for Indian Trail and Stallings, NC in the 28079 zip code is provided by Nina Hollander and Carolinas Realty Partners, Coldwell Banker Residential Brokerage, your Charlotte metro area residential real estate experts and Indian Trail specialists. We've been opening doors for Indian Trail area home buyers and sellers for 20+ years.

If you're considering selling or purchasing a home in the Indian Trail area or anywhere in the the Charlotte metro area, I'd love an opportunity to earn your business, to exceed your expectations, and to show you how:

 "The Right Broker Makes All The Difference."



 

 

Originally published at: https://greathomesincharlotte.com/housing-market-reports-updates/indian-trail-housing-market-update-december-2018/ 

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SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

Nina Hollander

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Residential Brokerage
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From Charlotte/Ballantyne/Waxhaw/Fort Mill
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

2007 - 2019 Charlotte Magazine 5-Star Customer Satisfaction Award Winner

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

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Rainmaker
4,401,248
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

Another well put together market report on Indian trail homes in North Carolina.  Given the influx of new people in your area from other states, I am not surprised that you have a seller's market.  Have a great rest of the weekend. A

Jan 12, 2019 12:56 PM #1
Rainmaker
3,053,974
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Ron and Alexandra Seigel thanks, Alexandra. We've had a pretty significant influx of people for almost all the time I've lived in Charlotte, but we've never had such a level of "thinventory." Homeowners are worried they won't be able to afford to move up to the next house and those who refied at under 4% don't want to give up the good rate. At some point, something will need to "give."

Jan 12, 2019 02:41 PM #2
Ambassador
3,078,105
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I am beginning to see trends from month to month Nina Hollander 

 

 

I hope you are having a great weekend...

Jan 12, 2019 09:21 PM #3
Rainmaker
3,053,974
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Paul S. Henderson, REALTOR®, CRS good morning, Paul... part of the problem with some of our trends is that they are almost non-trends... a one-month wonder and then falls back. But hard to predict which changes will stick around.

Jan 13, 2019 04:16 AM #4
Rainmaker
2,513,820
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Seeing the report for Indian Trail always signifies to me that the report for Indian Land is right around the corner, so I better keep a look out.

Jan 13, 2019 04:18 AM #5
Rainmaker
3,053,974
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Brian England how right you are, my friend! While you were writing this comment, I was publishing the Indian Land report. It's there for your reading pleasure!

Jan 13, 2019 04:39 AM #6
Rainmaker
4,796,904
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Nina.  Thanks for keeping us informed about the real estate market in the Indian Trail area.

Jan 13, 2019 05:52 AM #7
Rainmaker
3,053,974
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Gabe Sanders hi Gabe... thanks, as always, for popping by. It seems as if the times to post market reports keep rolling around faster and faster.

Jan 13, 2019 07:12 AM #8
Rainmaker
3,137,128
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good Morning Nina, and what a great report and video for buyers and sellers and us here in the rain.

 

Jan 13, 2019 07:18 AM #9
Rainmaker
3,053,974
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Will Hamm thanks, Will, and thanks for stopping by. Wishing you a lovely Sunday and good week ahead.

Jan 13, 2019 07:21 AM #10
Rainmaker
1,667,731
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

thanks for the market update.  It is always helpful to see what is going on around the country! 

Jan 13, 2019 10:12 AM #11
Rainmaker
5,343,132
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will certainly appreciate your local market reports.

Jan 13, 2019 12:59 PM #12
Rainmaker
3,053,974
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Lise Howe hi Lise... I like to check around on market updates around parts of the country I'm familiar with, myself.

Jan 13, 2019 12:59 PM #13
Rainmaker
3,053,974
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley thank you, Roy, as always, for taking time to stop by and to leave a comment.

Jan 13, 2019 02:02 PM #14
Rainmaker
4,064,330
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, great market update for Indian Trail, you always provide excellent information that buyers and sellers can utilize.

Jan 13, 2019 03:57 PM #15
Rainmaker
3,053,974
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Joan Cox good morning, Joan, and thanks. Meantime, wishing you a wonderful new week ahead.

Jan 14, 2019 04:14 AM #16
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