Union County Real Estate Talk

head_left_image

Indian Trail NC Real Estate Market Report--July-September 2011

Indian Trail NC Real Estate Market Report—July-September 2011

The median sales price of single family homes in Indian Trail NC dropped 5% in the third quarter of 2011 from the second quarter.  The number of homes sold remained nearly the same as the previous quarter. Indian Trail NC Real Estate Market Median days on market dropped to 68 day.

Only four townhomes sold in Indian Trail during the third quarter.  The median sales price improved slightly to $101,300.  Median days on market increased to four months.

What do the third quarter 2011 numbers mean for Indian Trail NC buyers and sellers?

  • Single family home sellers in Indian Trail saw a downward pressure on home prices during the quarter while townhome sellers saw an improvement.
  • Housing, both single family and townhomes, remains very affordable for buyers in Indian Trail. 

Single Family Homes

Indian Trail Single Family Homes Year 2008 Year 2009 Year 2010 Quarter 1 Year 2011 Quarter 2 Year 2011 Quarter 3 Year 2011
Median Sales Price $181,250 $169,200 $154,900 $153,000 $157,000 $149,000
Number of Homes Sold 326 314 217 51 80 78
Median Days on Market 41 40 92 114 79 68

Source: Carolina Multiple Listing Service

Townhomes and Condominiums

Indian Trail Townhomes and Condos Year 2008 Year 2009 Year 2010 Quarter 1 Year 2011 Quarter 2 Year 2011 Quarter 3  Year 2011
Median Sales Price $144,900 $112,750 $133,450 n/a $98,000 $101,300
Number of Homes Sold 25 8 4 n/a 3 4
Median Days on Market 48 30 135 n/a 96 121

Source: Carolina Multiple Listing Service

Most Active Neighborhoods in Indian Trail NC Third Quarter 2011

The following neighborhoods had the most sales activity during the third quarter. Click on the neighborhood for more information and a list of homes for sale.

Fieldstone Farm Braefield Brandon Oaks
Brookhaven Bonterra Crismark

Copyright 2011. Carol Fox. Allen Tate Realtors. *Indian Trail NC Real Estate Market Report—July-September 2011*


Click here to contact Carol online!

Contact Carol online now!

Discover Charlotte North Carolina's Best Small Towns

Carol Fox of Allen Tate Realtors has helped people find the right homes and neighborhoods in Charlotte North Carolina's best small towns for twenty five years.

Call Carol Fox at 704-814-6242

to list your property for sale or to purchase a home in

Matthews NC, Mint Hill NC and the small towns of Union County NC, including Stallings NC, Indian Trail NC, Weddington NC, Waxhaw NC, Lake Park NC, Marvin NC, Wesley Chapel NC and Monroe NC.

Search for homes and learn more about these communities

at www.CarolinaSmallTownLiving.com.

 

 

 

Comments

This blog does not allow anonymous comments