Indian Trail Real Estate February 2020

Indian Trail Real Estate February 2020 Report


Indian Trail real estate includes the towns of Stallings, Hemby Bridge, and Lake Park in Union County in the 28079 zip code. With lower inventory, fewer days on market and fewer months supply of inventory, Indian Trail remained predominantly a seller’s market in February.


The Indian Trail area experienced small decreases in both average and median home sale prices in February 2020 compared with the same month in 2019. Average home prices decreased 2.5% to $274,163, while median home prices decreased 1.1% to $279,500 year-over-year. The small decrease in home prices is less reflective of a diminution in home values than of the price mix of homes that sold in February.


Price per square foot averaged $127 (up $11/square foot), increasing 9.5% year-over-year.


The months supply of homes for sale dropped to 1.6 months (down 36% from 2.5 months in February 2019). The months supply of homes also dropped month-over-month from 1.8 months in January 2020. Inventory of homes also dropped 27.4% compared with the same month one year ago.


New listings increased slightly in February — by 6.6% compared with the same time frame one year ago. Closed sales in February increased 40% year-over-year, while pending sales increased 19%.


Average days on market were 59 (down 7 days) and median days on market were 32 (down 27 days year-over-year) in February.  Indian Trail homes continue to sell quickly.


At a median selling price of 98.2% of list price, Indian Trail buyers should expect minimal room to negotiate, especially in Indian Trail’s hottest communities where the list to sale price ratio hovered around 99%.



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.

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Indian Trail Real Estate February 2020 vs February 2019 Highlights

Indian Trail (28079 Zip Code) Real Estate Report Feb 2020


Median Home Price Trends In Indian Trail Area



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




Hot Indian Trail NC Neighborhoods




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Previous Indian Trail Real Estate Updates

Indian Trail Housing Market Update: January 2019



Whether You’re Buying Or Selling An Indian Trail Home…

… The Right Broker Makes All The Difference!


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


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

 “The Right Broker Makes All The Difference.”


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