Union County Real Estate Talk

Indian Trail NC Real Estate Market Report—April-June 2010

How did the Indian Trail NC real estate market fare in the second quarter of 2010 and how did it compare with 2009?

In Indian Trail NC, the single family average sales price for the first quarter 2010 increased dramatically over the first quarter rising almost to the 2009 average sales price.  The number of homes closed rose 70% most likely reflecting the federal tax credit stimulus.  Average days on market increased slightly.

There were only two townhomes sold in Indian Trail in the second quarter.  Prices remained steady for this segment of the market.

Indian Trail NC Average Real Estate Prices, Homes Sold, and Average Days on Market

The chart below shows average sales prices in Indian Trail NC for single family homes and townhomes in 2008 and 2009 plus first and second quarter 2010.

Single Family Homes in Indian Trail NC

2009 Average Sales Price:  $183,963   First Quarter 2010 Average Sales Price:  $159,340  Second Quarter 2010 Average Sales Price:  $180,560

2009 Number of Homes Sold:  313    First Quarter 2010 Number of Homes Sold:  47  Second Quarter 2010 Number of Homes Sold:  80   

2009 Average Days on Market:  103   First Quarter 2010 Average Days on Market:  92   Second Quarter 2010 Average Days on Market:  104

Townhomes and Condominiums in Indian Trail NC

2009 Average Sales Price:  $120,572    First Quarter 2010 Average Sales Price:  $139,000   Second Quarter 2010 Average Sales Price:  $139,950  

2009 Number of Homes Sold:  11       First Quarter 2010 Number of Homes Sold:  2    Second Quarter 2010 Number of Homes Sold:  2    

2009 Average Days on Market:  119     First Quarter 2010 Average Days on Market:  195    Second Quarter 2010 Average Days on Market:  135

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Indian Trail NC

The most active Indian Trail NC neighborhoods are listed below.  Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 real estate activity and search for current homes for sale.

Meriwether

Brandon Oaks

Annandale

Crismark

Indian Trail NC Real Estate Market Report—January-March 2010

How did the Indian Trail NC real estate market fare in the first quarter of 2010 and how did it compare with 2009? 

The Indian Trail NC real estate market showed reduced activity during the first quarter of 2010.  The average single family home price dropped significantly from the average price in 2009.  There are relatively few townhomes and condominiums in Indian Trail as reflected in the low number of sales both in all of 2009 and during the first quarter of 2010.

Indian Trail NC Average Real Estate Prices, Homes Sold, and Average Days on Market

The chart below shows average sales prices in Indian Trail NC for single family homes and townhomes in 2008 and 2009 plus first quarter 2010.

Single Family Homes in Indian Trail NC

2009 Average Sales Price:  $183,963   First Quarter 2010 Average Sales Price:  $159,340  

2009 Number of Homes Sold:  313    First Quarter 2010 Number of Homes Sold:  47    

2009 Average Days on Market:  103   First Quarter 2010 Average Days on Market:  92     

Townhomes and Condominiums in Indian Trail NC

2009 Average Sales Price:  $120,572    First Quarter 2010 Average Sales Price:  $139,000    

2009 Number of Homes Sold:  11       First Quarter 2010 Number of Homes Sold:  2      

2009 Average Days on Market:  119     First Quarter 2010 Average Days on Market:  195

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Indian Trail NC

The most active Indian Trail NC neighborhoods are listed below.  Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 real estate activity and search for current homes for sale.

Meriwether

Brandon Oaks

Crismark

Bonterra

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Indian Trail NC Real Estate Market Report—January-March 2010*

Indian Trail NC Real Estate Market Report—2009

How did the Indian Trail NC real estate market fare in 2009 and how did it compare with 2008? 

In 2009, average sales prices in Indian Trail NC were off 9 percent for single family homes and off 20 percent for townhomes.  The number of single family homes sold did not change much from 2008, declining only 6%.  The number of Indian Trail NC townhomes sold, however, dropped a dramatic 62%.  Sellers in both years waited around one hundred days to sell their single family homes and about 120 days to sell their townhomes in both years.

Indian Trail NC Average Real Estate Prices, Homes Sold, and Average Days on Market

The chart below shows average sales prices in Indian Trail NC for single family homes in 2008 and 2009 plus each 2009 quarter.

Single Family Homes in Indian Trail NC

2008 Average Sales Price:  $203,297      2009 Average Sales Price:  $183,963    Year-to-Year Change:  -9%

2008 Number of Homes Sold:  335        2009 Number of Homes Sold:  313      Year-to-Year Change:  -6%

2008 Average Days on Market:  101        2009 Average Days on Market:  103      Year-to-Year Change:  no significant change

Townhomes and Condominiums in Indian Trail NC

2008 Average Sales Price:  $151,697      2009 Average Sales Price:  $120,572     Year-to-Year Change:  -20%

2008 Number of Homes Sold:  29          2009 Number of Homes Sold:  11       Year-to-Year Change:  -62%

2008 Average Days on Market:  123      2009 Average Days on Market:  119     Year-to-Year Change:  -3%

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Indian Trail NC 2009

The most active Indian Trail NC neighborhoods are listed below.  Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 real estate activity and search for current homes for sale.

Meriwether

Brandon Oaks

Taylor Glenn

Brookhaven

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Indian Trail NC Real Estate Market Report—2009*

How did Indian Trail NC real estate market activity in the third quarter of 2009 compare with the second quarter 2009? 

This post will summarize third quarter 2009 real estate sales in Indian Trail NC plus compare changes in sales data with second quarter 2009 results.  The chart shows average sales prices in Indian Trail NC for 2008 and each quarter of 2009.

Indian Trail NC Real Estate Market Report--2009 Third Quarter Data and Change from 2009 Second Quarter

Single Family Homes in Indian Trail NC

Number of Sales:  92

Change from second quarter:  +12%

Average Price:  $185,524

Change from second quarter:  +2%

Average Days on Market:  106

Change from second quarter:  +8%

Current Active Listings:  225

Change from second quarter:  no change

Most Active Neighborhoods:  Brandon Oaks, Fieldstone Farms

Townhomes and Condominiums in Indian Trail NC

Number of Sales:  2

Change from second quarter:  no change

Average Price:  $119,975

Change from second quarter:  +8%

Average Days on Market:  137

Change from second quarter:  +153%

Current Active Listings:  4

Change from second quarter:  -75%

Most Active Neighborhoods:  Taylor Glenn

Source:  Carolina Multiple Listing Service

Compare with the Indian Trail NC 2008 real estate market.

Copyright 2009.  Carol Fox.  *Indian Trail NC Real Estate Market Report--July to September 2009*

How did Indian Trail NC real estate market activity in the second quarter of 2009 compare with the first quarter 2009? 

This post will summarize second quarter 2009 real estate sales in Indian Trail NC plus compare changes in sales data with first quarter 2009 results.

Indian Trail NC Real Estate Market Report--2009 Second Quarter Data and Change from 2009 First Quarter

Single Family Homes in Indian Trail NC

Number of Sales:  82

Change from first quarter:  +38%

Average Price:  $181,864

Change from first quarter:  +2%

Average Days on Market:  98

Change from first quarter:  -6%

Current Active Listings:  226

Change from first quarter:  -11%

Most Active Neighborhoods:  Brandon Oaks, Bonterra, Fieldstone Farm

Townhomes and Condominiums in Indian Trail NC

Number of Sales:  2

Change from first quarter:  no change

Average Price:  $110,250

Change from first quarter:  -7%

Average Days on Market:  54

Change from first quarter:  -60%

Current Active Listings:  16

Change from first quarter:  -23%

Most Active Neighborhoods:  Taylor Glenn

Source:  Carolina Multiple Listing Service

Compare with the Indian Trail NC 2008 Real Estate Market

Copyright 2009.  Carol Fox.  *Indian Trail NC Real Estate Market Report--April to June 2009*

What happened in the Indian Trail NC real estate market during April and May of 2009?

This post will summarize first quarter real estate sales in Indian Trail NC plus compare average sold prices with 2008 closed prices.

Indian Trail NC Real Estate Market Report--April to May 2009

Single Family Homes in Indian Trail NC

Number of Sales:  58

Price Range:  $60,501 to $550,000

Average Heated Area:  2033 sq.ft.

Average Price:  $177,133

Average 2008 Price:  $204,552    Change: -13%

Average Days on Market:  95

Number of Contracts Pending:  37

Most Active Neighborhood:  Brandon Oaks, Colton Ridge, Crismark

Current Active Listings on Market:  256

Townhomes and Condominiums in Indian Trail NC

Number of Sales:  None 

Price Range:  not applicable

Average Heated Area:  not applicable

Average Price:  not applicable

Average 2008 Price:  $253,348    Change:  not enough data

Average Days on Market:  not applicable

Number of Contracts Pending:  2

Most Active Neighborhood:  not applicable

Current Active Listings on Market:  19

Source:  Carolina Multiple Listing Service

Compare with the 2008 Indian Trail NC real estate market.

Learn more about home and neighborhoods in Indian Trail NC.

Copyright 2009.  Carol Fox.  *Indian Trail NC Real Estate Market Report--April to May 2009*

What happened in the Indian Trail NC real estate market during the first three months of 2009?

This post will summarize first quarter real estate sales in Indian Trail NC plus compare average sold prices with 2008 closed prices.

Indian Trail NC Real Estate Market Report--January to March 2009

Single Family Homes in Indian Trail NC

Number of Sales:  5

Price Range:  $73,088 to $347,000

Average Heated Area:  2089 sq.ft.

Average Price:  $177,700

Average 2008 Price:  $204,552      Change: -13%

Number of Contracts Pending:  29

Most Active Neighborhood:  Fieldstone Farm, Brandon Oaks

Current Active Listings on Market:  256

Townhomes and Condominiums in Indian Trail NC

Number of Sales:  3 

Price Range:  $111,500 to $132,900

Average Heated Area:  1482

Average Price:  $119,300

Average 2008 Price:  $151,697    Change:  -21%

Average Days on Market:  137

Number of Contracts Pending:  none

Most Active Neighborhood:  Taylor Glen Townhomes

Current Active Listings on Market:  21

Source:  Carolina Multiple Listing Service

Compare with the 2008 Indian Trail NC Real Estate Market.

Learn more about real estate and living in Indian Trail NC.

Copyright 2009.  Carol Fox.  *Indian Trail NC Real Estate Market Report--January to March 2009*

Do you want to know how the Indian Trail NC real estate market fared in 2008?

This post will summarize the 2008 real estate sales for the town as a whole plus report on the most active neighborhoods with the Town of Indian Trail NC.

2008 Real Estate Market Report for Indian Trail NC

Single Family Homes

Number of Sales:  337   Price Range:  $14,000 to $665,000   Average Heated Area: 2150 sf   Average Price:  $204,552   Average Days on Market:  101

Townhouses and Condos

Number of Sales:  29   Price Range: $102,100 to $253,000   Average Heated Area:  1560 sf   Average Price:  $151,697   Average Days on Market:  123

Most Active Neighborhoods in Indian Trail NC

Single Family Neighborhoods

Meriwether   Years Built:  1999-2004

Number of Sales:  29   Price Range:  $97,580 to $197,000   Average Heated Area:  1403 sf   Average Price:  $129,593   Average Days on Market:  73

Schools 2008-09:  Shiloh Elementary, Sun Valley Middle, Sun Valley High

Cornerstone  Years Built:  1999-2004

Number of Sales:  20   Price Range:  $127,000 to $196,000   Average Heated Area:  1614 sf   Average Price:  $148,917   Average Days on Market:  81

Schools 2008-09:  Shiloh Elementary, Sun Valley Middle, Sun Valley High

Brandon Oaks   Years Built:  1994-2008

Number of Sales:  48   Price Range:  $160,000 to $350,000   Average Heated Area:  2307 sf   Average Price:  $215,104   Average Days on Market:  101

Schools  2008-09: Indian Trail or Sun Valley Elementary, Sun Valley Middle, Sun Valley High

Fieldstone Farm   Years Built:  2007-2008

Number of Sales: 36   Price Range:  $171,000 to $299,990   Average Heated Area:  3124 sf   Average Price:  $224,708   Average Days on Market:  100

Schools  2008-09:  Porter Ridge Elementary, Porter Ridge Middle, Porter Ridge High

Crismark   Years Built:  2003-2008

Number of Sales:  28   Price Range:  $143,100 to $442,155   Average Heated Area:  2673 sf   Average Price:  $228,984   Average Days on Market:  91

Schools  2008-09:  Hemby Bridge Elementary, Porter Ridge Middle, Porter Ridge High

Colton Ridge   Years Built:  2001-2005

Number of Sales: 11   Price Range:  $179,500 to $365,000   Average Heated Area:  2562 sf   Average Price:  $239,318   Average Days on Market: 104

Schools  2008-09:  Antioch Elementary, Sun Valley Middle, Sun Valley High

Annandale   Years Built:  2006-2008

Number of Sales:  46  Price Range:  $201,030 to $366,150   Average Heated Area:  2803 sf   Average Price:  $257,002   Average Days on Market:  68

Schools 2008-09:  Porter Ridge Elementary, Porter Ridge Middle, Porter Ridge High

Bonterra  Years Built:  2003-2008

Number of Sales:  25   Price Range:  $202,600 to $401,594   Average Heated Area:  2865 sf   Average Price:  $277,197   Average Days on Market:  212

Schools 2008-09:  Porter Ridge Elementary, Porter Ridge Middle, Porter Ridge High

Brookhaven   Years Built:  2004-2008

Number of Sales:  78   Price Range:  $305,000 to $959,613   Average Heated Area:  4006 sf   Average Price:  $585,382   Average Days on Market:  137

Schools 2008-09:  Antioch Elementary, Weddington Middle, Weddington High

Townhouse/Condo Neighborhoods

Oakstone   Years Built:  2007-2008

Number of Sales:  14   Price Range:  $129,990 to $159,952   Average Heated Area:  1444 sf   Average Price:  $141,794   Average Days on Market: 148

Schools 2008-09: Porter Ridge Elementary, Porter Ridge Middle, Porter Ridge High

Bonterra   Year Built: 2007

Number of Sales:  5   Price Range:  $163,000 to $253,000   Average Heated Area:  1600 sf   Average Price:  $190,580   Average Days on Market:  142

Schools 2008-09: Porter Ridge Elementary, Porter Ridge Middle, Porter Ridge High

Source:  Carolina Multiple Listing Service

Learn more about Indian Trail NC schools:

Union County NC Schools:  Just How Good Are They?

Want to know more about the Indian Trail NC real estate market and Indian Trail NC neighborhoods?

Visit www.CarolinaSmallTownLiving.com.

Copyright 2009.  Carol Fox.  All rights reserved.  "Indian Trail NC 2008 Real Estate Market Report"