Indian Trail Real Estate June 2024

 

 Indian Trail Real Estate June 2024 Trends

 

 

 

INDIAN TRAIL HOME SALE PRICES 

Average home sale price in Indian Trail was $478,646, up 6.53% from $449,290 in the previous month of May. The average sale price improved 1.59% from $471,155 in June one year ago. The Indian Trail average home sale price in June 2024 was at its highest compared with June 2023 and 2022.

 

Median home sale price was $428,916, down 1.2% from $434,139 in the previous month of May. The median sale price was 4.79% lower than the $450,495 price in June 2023. 

 

Price per square foot averaged $219 in June 2024, up 2.82% from the previous month’s $213 per square foot. Price per square foot was 5.29% higher than $208 in June 2023. 

 

INDIAN TRAIL HOUSING INVENTORY UP MONTH-OVER-MONTH & YEAR-OVER-YEAR

The number of properties for sale in June 2024 increased 4.49% to 186 properties for sale from 178 in the previous month of May. Inventory was 16.98% higher than in June 2023 when inventory stood at 159 homes. Compared with June 2022, when properties for sale stood at 170, inventory was higher in June 2024. The June 2024 inventory was at its highest level since December 2022 when inventory stood at 208 properties for sale.

 

The months supply declined to 3.1 months from 3.98 months in the previous month of May. At just over three months of inventory, Indian Trail remained a home seller’s market in June 2024.

 

 

NEW LISTINGS DECLINED AFTER REACHING THEIR SECOND HIGHEST LEVEL SINCE AUGUST 2022 LAST MONTH

New listings declined 26.37% from 91 properties to 67 properties month-over-month. New listings were 17.28% lower than the 81 new listings we saw one year ago in June 2023. June 2024 listings were lower compared with June 2022, which saw 95 new listings.

 

 

INDIAN TRAIL HOME SALES UP FROM ONE MONTH AGO | DOWN FROM ONE YEAR AGO

Sales in June 2024 improved 20% to 60 from 50 sales in May. Sales were at their lowest level compared with June 2023 (76 sales) and June 2022 (134 sales). 

 

 

DAYS ON MARKET DECLINED A FIFTH CONSECUTIVE MONTH

Average days on market declined 16% to 21 days from 25 days in the previous month of May. Compared with June 2023, days on market were 14 days lower this year (-40%). Compared with June 2022, days on market were two days higher this year. June 2024 days on market were at their lowest level since August 2022 when they stood at 19 days.

 

 

LIST TO SALE PRICE RATIO JUST UNDER 100%

The list to sale price ratio in June 2024 was 99.9% equal to that of the previous month and and to that of the same month one year ago. On the whole, Indian Trail home buyers saw little opportunity to negotiate on home prices.

 

 

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. 

 

 

 

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

 

Did you know that Indian Trail’s Porter Ridge Middle School and Union Prep Academy are ranked in the top 20 middle schools in the Greater Charlotte area? Union Prep Academy, a charter school, is ranked the #1 public middle school in Union County.

 

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?

 

 

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

 

 

This Charlotte, North Carolina real estate monthly update for the Indian Trail area in the 28079 zip code is provided by Nina Hollander, Coldwell Banker Realty, Greater Charlotte residential real estate expert and Indian Trail specialist. 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 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 why experience matters and how:

“The Right Broker Makes All The Difference.”