Indian Trail (28079 Zip Code) Housing Market Update: January 2021

By
Real Estate Agent with Coldwell Banker Realty

 

 

Latest news on the Indian Trail real estate market in January 2021 and what it means for you...

 

Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge has not only recovered from the initial effects of the pandemic early in 2020, but began the new year as it ended the last year -- as a seller's market. Home prices increased over January 2020, while days on market and inventory dropped significantly year-over-year.

 

Average home prices increased 12% to $329,160 in January 2021 compared with the same month one year ago. Median home prices increased 16.9% to $345,000 year-over-year.  Price per square foot averaged $147 (up $20/square foot), increasing 15.7% year-over-year.

 

The months supply of homes for sale dropped to 0.9 months (down 55% from 2 months in January 2020). Inventory of homes also dropped 56.5% compared with the same month one year ago. New listings increased in January-- by 27.7% compared with the same time frame one year ago.

 

Closed sales in January decreased 8.7%, while pending sales increased 22%. With so little inventory, it's no wonder that closed sales did not increase.

 

The low inventory together with higher home prices and pending sales are a testament to the strong recovery of the Indian Trail housing market after a dismal performance in the first couple of months of the pandemic.

 

Average days on market were 32 (down 18 days year-over-year).  Median days on market were just 4 (down 12 days year-over-year) in January. This, too, speaks to pent-up buyer demand and a continued recovery for the Indian Trail housing market in January 2021.

 

At a median selling price of 100% of list price (up 2.8% from January 2020), Indian Trail home buyers should expect minimal room to negotiate, especially in Indian Trail's hottest communities.

 

 

 

Want to know what this would mean for your family if you decide to buy or sell an Indian Trail area home?

 

We can help. Call us today at 704-779-0813 or contact us here.

 

There’s absolutely NO OBLIGATION. A consultation with Carolinas Realty Partners is FREE    

 

 

 

 MORE DETAILS ABOUT INDIAN TRAIL'S HOUSING MARKET PERFORMANCE

 

 

MORE DETAILS ABOUT STALLING'S HOUSING MARKET PERFORMANCE

   

 

 

 Indian Trail Area Housing Market Highlights

January 2021 versus January 2020

 

 

Indian Trail (28079 Zip Code) Housing Market Snapshot: January 2021  

 

 

 

Indian Trail, NC is ranked as one of America's 50 Top Small Cities To Live In

 

 

CHECK OUT THE...

11 HOTTEST SELLING INDIAN TRAIL NEIGHBORHOODS 

 

 

  Hot Indian Trail NC Neighborhoods    

 

 

And did you know that Indian Trail's Porter Ridge Middle School is ranked in the top 20 middle schools in the Charlotte metro area?

 

 

SEARCH INDIAN TRAIL  HOMES  FOR  SALE

 

 

FREE Home Buyer Guide: “Things To Consider When Buying A Home”

   

 

WONDERING WHAT YOUR INDIAN TRAIL, NC HOME IS WORTH?

 

  What's My Home Worth?  

 

 

FREE Home Seller Guide: “Things To Consider When Selling Your House”

 

 

THINKING OF SELLING YOUR HOME? CHECK OUT THE COLDWELL BANKER MARKETING ADVANTAGE 

 

 

 Median Home Sale Price Trends For 28079 Zip Code 

     

 

Median Home Sale Prices Trends For: Indian Trail, Stallings, Hemby Bridge

 

     

 

This Charlotte, North Carolina real estate monthly update for Indian Trail  area in the 28079 zip code is provided by Nina Hollander and Carolinas Realty Partners, Coldwell Banker Realty, your Greater Charlotte 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 Geater Charlotte 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."

 

 

Read the original at www.GreatHomesInCharlotte.com   

Posted by

 

 

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

 

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

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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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.

 

Comments (28)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Roy Kelley good morning again, Roy. As always, thanks for stopping by. Has you snow started to melt yet?

Feb 10, 2021 06:12 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Kat Palmiotti good morning, Kat... I suspect that many of our markets all around the country are mirroring each other these days. Happy Wednesday!

Feb 10, 2021 06:12 AM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

The Indian Trail market is showing the same high demand as most other areas in the Greater Charlotte area. 

Feb 10, 2021 06:23 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Another sellers market at Indian Trail Nina. Owers should not wait to list...now is the time to call you!

Feb 10, 2021 06:30 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ed Silva hi Ed... it seems every area adjoining Charlotte metro is a seller's market with virtually no inventory.

Feb 10, 2021 06:31 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila...I'd like to find a market in my area that is not a seller's market! 

Feb 10, 2021 06:38 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, excellent market update for Indian Trail, and amazing to see 32 average days on market.   Thin inventory is the norm now! 

Feb 10, 2021 06:49 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox hi Joan... thinventory has been pretty much the "norm" here for a while... at this stage our inventory isn't thin anymore, it's anorexic!

Feb 10, 2021 06:57 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

It is amazing to see the contrast between your market and the Chicago market that Wayne Martin mentioned.  Happy Wednesday.  A

Feb 10, 2021 07:35 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ron and Alexandra Seigel hi Alexandra... it is an amazing contrast. Even at the height of the great recession, I don't remember two years of inventory here (except in the luxury segment of our market).

Feb 10, 2021 07:37 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning Nina Hollander once again a great detailed market report that is a valuable resource for local sellers and buyers.

Feb 10, 2021 08:07 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Rocky Dickerson thanks, Rocky... and thanks for popping by today... trust your day is going well.

Feb 10, 2021 09:16 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander - It looks like the market is getting a smidge of new inventory. Your market reports are always first class. Your clients are very lucky to have you.

Feb 10, 2021 10:46 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sheri Sperry - MCNE® hi Sheri... that smidge of inventory makes no difference whatsoever to the market... sells as fast as it comes on.

Feb 10, 2021 11:35 AM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Indian Trail home buyers and sellers are sure to value your real estate market report, Nina.

Feb 10, 2021 04:50 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

The Indian Trail housing market in January does have a interesting trend that I just can't put my finger on, this is going to lead to some more studying of your great market update Nina Hollander 

Feb 10, 2021 06:02 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Myrl Jeffcoat good Thursday morning, Myrl... thanks for starting my day off with your lovely smile!

Feb 11, 2021 01:09 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS good morning, Paul... at the end of the day, the Indian Trail market is pretty much like every market close to Charlotte--more demand than inventory, declining inventory in the face of increasing demand, higher home prices.

Feb 11, 2021 01:10 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

thanks for the market update - this is a very nice presentation sure to provide great information for buyers and sellers alike

Feb 11, 2021 04:36 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lise Howe thanks, Lise... as you already know.... I've got a template for me reports and I stick with it... with the occasional tweaks!

Feb 11, 2021 02:48 PM

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