Indian Trail Real Estate August 2019

Indian Trail real estate August 2019 saw a bit of a slowdown in the pace of home price increases.  The drop in months supply of homes for sale to just 2.3 months (dropping 17.9% versus one year ago) and in inventory by 18.3% versus one year ago, contributed to a drop in closed sales versus August 2018. With 26 average days on market and 10 median days on market in August, it’s clear that Indian Trail homes are selling quickly and about as quickly as new homes come on the market. At a median selling price of 99.2% of list price, not much room for buyers to negotiate. Indian Trail, NC area (28079 zip code) also includes the towns of Stallings, Hemby Bridge, and Lake Park in Union County.

INDIAN TRAIL REAL ESTATE AUGUST 2019 HIGHLIGHTS

Average sale price of Indian Trail area homes increased 1.1% to $265.723 in August 2019  compared with the same period one year ago. 

Median sale price for Indian Trail area homes decreased 2.3% in August 2019 versus one year ago to $254,000.

Average days on market for property listings in Indian Trail during August 2019 were flat at 26 days year-over-year. Month-over-month the days on market dropped by one day. 

Median days on market decreased in August 2019 by 4 days to 10 days year-over-year, but dropped by 3 days month-over-month.

Average price per square foot was $126/square foot (up $5/square foot) in August 2019 versus the same period in 2018. 

Pending sales in Indian Trail increased 23% in August 2019 versus the same month last year.

Closed sales in Indian Trail decreased 5% in August 2019 compared with the same month one year ago. Decreases in inventory and months supply no doubt contributed to the drop in closed sales.

New listings in Indian Trail decreased 24.1% compared with August 2018. Nonetheless, with decreases in inventory, months supply and days on market, it’s clear homes are selling as quickly as they are coming on the market.

Inventory of homes dropped in August 2019 by 18.3% compared with August 2018.

Median percent of original list price that sellers received for their homes was 99.2%, indicating minimal negotiating room in the 28079 zip code for Indian Trail area homes in August 2019. This was also almost a full percent increase month-over-month.

INDIAN TRAIL REAL ESTATE SNAPSHOT

August 2019 vs August 2018

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

I can help.

Call me today at 704-779-0813 or contact me here.

There’s absolutely NO OBLIGATION. A consultation with Nina Hollander is FREE. 

HOT INDIAN TRAIL NEIGHBORHOODS

Wondering what the hot neighborhoods in the Indian Trail area are? Click on the picture below to discover the 8 hottest neighborhoods to be watching in the Indian Trail/28079 zip code area. Indian Trail has been ranked as one of the nation’s top 50 small cities to live in.

FIND YOUR INDIAN TRAIL DREAM HOME

It’s easy to find your dream home in the Indian Trail area at GreatHomesInCharlotte.com. You can search for all homes for sale in the 28079 zip code for sale here at: www.GreatHomesInCharlotte.com.

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

And don’t miss out on the newest home listings in the Indian Trail area. Sign up to receive email notification of homes as soon as they come on the market. You can customize your search to your specific needs and always be the first to know what’s coming on the market in Indian Trail.

WHAT’S YOUR INDIAN TRAIL HOME WORTH?

Wondering what your Indian Trail, NC area home is worth in today’s market? 

If you’re thinking about selling your Indian Trail area home, let’s get together and discuss the supply conditions in Indian Trail and how we can assist you in gaining access to buyers who area ready, willing, and able to buy now.

I’m happy to provide this information with no obligation on your part.

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

Buying Or Selling A Home In The Indian Trail Area…

… The Right Broker Makes All The Difference!

This Charlotte, North Carolina Indian Trail real estate August 2019 update is provided by Nina Hollander with Coldwell Banker Realty.  Indian Trail area specialist and Greater Charlotte  residential real estate expert. I’ve been opening doors for Indian Trail home buyers and sellers since 1999.

If you’re considering selling or purchasing a home in the Indian Trail area, I’d love an opportunity to earn your business, exceed your expectations, and to show you why experience matters and how:

 “The Right Broker Makes All The Difference.”