Union County Real Estate Talk

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Fieldstone Farm in Indian Trail NC--2010 Real Estate Market Update

Fieldstone Farm in Indian Trail NC—2010 Real Estate Market Update

Fieldstone Farm in northern Indian Trail NC is a neighborhood under construction by Centex Homes.  Started in 2007, the neighborhood has an amenity center with swimming pool and playground. Fieldstone Farm in Indian Trail NC Although surrounded by woods and farmland, Fieldstone Farm is located within a few miles of the Lawyers Road interchange with I-485 making the neighborhood accessible to shopping and northeast Charlotte.

How did the 2010 real estate market in Fieldstone Farm compare with the 2009 market in the neighborhood?  The table below shows median values for several characteristics of the marketplace.  Twenty two single family homes sold in the neighborhood in 2010 compared with 30 in 2009. 

Fieldstone Farm Real Estate Market Comparison

Single Family Homes

Fieldstone Farm home sales are predominately new construction sales.  Year to year price and square footage comparisons may not indicate anything other than the builder has changed product and price points.  Similarly median days on market depend on whether the builder was reporting pre-sales at closing or days on market for inventory homes.  There was only one sale of a resale home in 2010.  The rest were new construction sales.

Fieldstone Farm
Single Family Market Update
Median Closed Price Median Home Square Footage Median Days on Market Median List to Sale Ratio
Year 2009 $188,617 2686 1 96%
Year 2010 $163,500 2323 87 99%

Source:  Carolina Multiple Listing Service

Fieldstone Farm Types of Closed Sales

Fieldstone Farm Sales Types Number of Closed Sales Percentage of Closed Sales
Resale 1 4.5%
New Construction 21 95.5%
Foreclosure n/a n/a
Short Sale n/a n/a

Source:  Carolina Multiple Listing Service 

Read more about Fieldstone Farm, its community amenities, builders and public schools: Fieldstone Farm in Indian Trail NC:  Homes for Sale and Neighborhood Profile

Fieldstone Farm Homes for Sale

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Copyright 2011.  Carol Fox.  Allen Tate Realtors.  *Fieldstone Farm in Indian Trail NC—2010 Real Estate Market Update*


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