Indian Trail, NC Real Estate News

By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in November 2023...What you need to know... Key take-aways about the Indian Trail area (28079 zip code) housing market in November 2023, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Both average and median sale prices improved from October and year-over-year. New listings declined a fifth consecutive month by 14.6% from October and declined almost 31% compared with November 2022. This was the lowest level of listings in over three years. Housing inventory was at its lowest level since April 2023. Months supply of inventory at 3.85 months kept Indian Trail in "seller territory in November 2023, but slowly pushing Indian Trail into more of a balanced market. Days on market increased both ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in October 2023...What you need to know... Key take-aways about the Indian Trail area (28079 zip code) housing market in October 2023, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Average home price was flat compared with September 2023 and slightly down from October 2022. Median home price increased slightly from September 2023 and was flat compared with October 2022. New listings declined a fourth consecutive month by almost 28% from September and declined almost 40% compared with October 2022. This was the lowest level of listings in Indian Trail since April 2023. Housing inventory declined year-over-year and month-over-month to its lowest level since April 2023. Months supply of inv...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Crismark In Greater Charlotte's Indian Trail, NCReal Estate Report & Neighborhood Spotlight: Quarter 3 - 2023 Crismark home sales in Quarter 3-2023 saw the average sale price remain flat year-over-year. Quarter-over-quarter, average home prices increased significantly and were at their highest level compared with the first two quarters of 2023. Median home sale price declined compared with the same quarter one year ago, but increased quarter-over-quarter. And as with the average sale price, the median sale price was at its highest level compared with the first two quarters of the year. Just seven homes sold in Quarter 3-2023, down 46% from one year ago. Crismark is a neighborhood with some 900 homes, so 23 closed sales in nine months were just a drop in the bucket in 2023. Low inventory...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in August 2023...What you need to know...What it means for you... 2.29 Months Of Inventory In August Kept Indian Trail A Home Seller's MarketKey take-aways about the Indian Trail area (28079 zip code) housing market in August 2023, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Both average and median home prices increased year-over-year and month-over-month. New listings declined from almost 32.99% compared with August one year ago. New listings declined slightly from July 2023. Housing inventory declined year-over-year and was up slightly month-over-month. Months supply of inventory at 2.29 months kept Indian Trail in "seller territory" in August 2023. Days on market increased by 3 days...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in July 2023...What you need to know...What it means for you... Key take-aways about the Indian Trail area (28079 zip code) housing market in July 2023, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Both average and median home prices decreased year-over-year and month-over-month. New listings declined from almost 37.7% compared with July one year ago. New listings also declined from June 2023. Housing inventory declined year-over-year and was flat month-over-month. Months supply of inventory at 2.52 months kept Indian Trail in "seller territory" in July 2023. Days on market declined by 11 days to 24 days in July 2023 compared with the prior month of June. This was a the sixth consecutiv...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in June 2023...What you need to know...What it means for you... Key take-aways about the Indian Trail area (28079 zip code) housing market in June 2023, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Both average and median home prices increased year-over-year by 13.38% and 12.32%, respectively. New listings declined from almost 16% compared with June one year ago. Housing inventory declined year-over-year and month-over-month. Months supply of inventory at 2.28 months kept Indian Trail in "seller territory" in June 2023. Days on market declined by eight days in June 2023 compared with the prior month of May. This was a fourth consecutive month of declines in DOM. Closed sales increased 1...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Crismark Neighborhood in Greater Charlotte's Indian Trail, NCReal Estate Report & Neighborhood Spotlight: Quarter 2 - 2023 Crismark home prices increased both year-over-year and quarter-over-quarter for the quarter ended June 30, 2023. Year-over-year the average home price increased 10%, while the median sale price increased 18%. Compared with the First Quarter 2023, Crismark homes sold on average for $90,000 more in Quarter 2-2023. The median sale price increased by $85,000 quarter-over-quarter. Some of this increase is attributable to the higher price mix of Second Quarter listings.Although the average days on market increased 38% compared with the same quarter one year ago, days on market decreased by 40 days from the previous quarter, selling in just 11 days, on average. The list to...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in May 2023...What you need to know...What it means for you... Key take-aways about the Indian Trail area (28079 zip code) housing market, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Both average and median home prices had only a slight increase in May. New listings declined from May 2022, but increased month-over-month. Housing inventory was at its second lowest level since May 2022, despite a 37+% increase in new listings versus April 2023. Months supply of inventory fell below 3 months in May 2023. Days on market declined by 13 days in May 2023 compared with the prior month of April. This was a third consecutive month of declines in DOM. Closed sales declined both month-over-month a...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in April 2023...What you need to know...What it means for you... Key take-aways about the Indian Trail area (28079 zip code) housing market, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Both average and median home prices increased month-over-month and year-over-year. New listings declined 44+% from April 2022. New listings also declined from March 2023. Housing inventory was at its lowest level since April 2022, despite an 11.72% increase year-over-year. Days on market declined by 14 days in April 2023 compared with the prior month of March. Closed sales increased 26.32% over March 2023 and 1.41% year-over-year. List to sale price ratio just under 100% in April 2023.   Indian Trail Are...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
UNDER CONTRACT IN INDIAN TRAIL'S CRISMARK NEIGHBORHOOD3018 EARLY RISE AVENUE We listed 3018 Early Rise Avenue as a Coldwell Banker office exclusive listing and before the ink fully dried on the listing documents, one of my buyer clients scooped it up! My seller had purchased this property with me six years ago as an investment property and when his most recent tenant gave notice in April, decided to sell it. Meantime, my buyer (who has previously purchased two homes with me and sold two homes with me) was in town this past weekend to find a new Charlotte area home, as she's relocating back to Charlotte from Chicago. After two days of viewing homes, 3018 Early Rise was the obvious choice. A win-win for all parties involved. Seller has minimal carrying costs on a vacant home. Buyer has a ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in March 2023...What you need to know...What it means for you... Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, continued to show signs of a shifting market in March 2023. Key take-aways about the March 2023 housing market include: Both average and median home prices declined month-over-month and year-over-year. New listings increased month-over-month, but decreased 43.33% year-over-year. Housing inventory was higher year-over-year, but was down month-over-month.  Inventory of homes for sale was at its lowest since April 2022. Days on market were at their highest level in Indian Trail in three years. Closed sales declined year-over-year, but increased month-over...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Crismark Neighborhood in Greater Charlotte's Indian Trail, NCReal Estate Report & Neighborhood Spotlight: Quarter 1 - 2023 Crismark home prices were a mixed bag of results in the First Quarter 2023 compared with the most recent prior three months. While the average sale price declined 8%, the median sale price increased 7%. The list to sale price ratio declined 4% to 98.08% (nonetheless, a very respectable ratio). Just six properties sold in the First Quarter, down 46%. For a community with hundreds of houses, inventory was very tight in the First Quarter. While the average days on market increased to 51 days, the number was somewhat skewed by one property that had been on the market for 133 days. Taking this property out of the mix changes the Crismark average days on market to 35. A s...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in February 2023...What you need to know...What it means for you... Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, continued to show signs of a shifting market in February 2023. Key take-aways about the February 2023 housing market included: Both average and median home prices increased month-over-month and year-over-year. New listings increased month-over-month, but decreased year-over-year. Despite an increase in housing inventory, the number of homes for sale in February 2023 was at its lowest level since June 2022. Days on market decreased from January 2023, but increased year-over-year.   Indian Trail Area Housing Market HighlightsINDIAN TRAIL HOME SALE PRI...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in January 2023...What you need to know...What it means for you... Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, and Hemby Bridge, continued to show signs of a cooling market in January 2023 with sales down, days on market up, and inventory up. At the same time, average home prices increased and new listings decreased year-over-year and month-over-month, while the list to sale price ratio increased by 1% compared with the previous month of December 2022.  Indian Trail Area Housing Market Highlights INDIAN TRAIL AVERAGE HOME SALE PRICES INCREASED YEAR-OVER-YEAR & MONTH-OVER-MONTHAverage home prices in Indian Trail increased 1.5% to $452,845 from $446,047 in December 2022. Compared with January 2...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Crismark Neighborhood in Greater Charlotte's Indian Trail, NCReal Estate Report & Neighborhood Spotlight Crismark 2022 home sale prices increased 20%; median home sale prices increased 24%. The list to sale price ratio decreased by 1% in 2022, but was still almost 102%. And while average days on market increased in 2022, they were still quite low at just 17 days.  Appreciation in home sale prices in Crismark slowed in the Fourth Quarter 2022. Average home sale prices increased just 11% and median home sale prices decreased 5%. Further softening in the market was evident in the 5% decline in the list to sale price ratio to 97.71% and an increase in average days on market to 33 days. Crismark had not seen a median list to sale price ratio of under 100% or more since December 2020. Februar...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
10 HOT INDIAN TRAIL, NC (28079 ZIP CODE) NEIGHBORHOODS TO WATCH IN 2023 863 homes sold in the Indian Trail/28079 zip code area in 2022 at an average sale price that was 18% higher year-over-year, pushing average prices into the mid-$400,000's. Until 2022, Indian Trail home prices averaged in the mid to high $300,000's.  Indian Trail in Union County, long one of Greater Charlotte region's more affordable areas for homes, is becoming less affordable.  Three of these 10 neighborhoods have been top selling neighborhoods in Indian Trail for seven consecutive years:  Brandon Oaks, Lake Park, and Crismark.     BRANDON OAKS56 homes sold in Brandon Oaks in 2022 at an average sale price of $440,464. Since 2020. the average sale price of a home in Brandon Oaks has increased by almost $140,000. In ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in November 2022...What you need to know...What it means for you... After setting record home prices in October 2022, Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, and Hemby Bridge, showed signs of a cooling market year-over-year with average home sale prices down, pending and closed sales down, median list to sale price ratio down, foot traffic in listed properties down, days on market up, and inventory up dramatically for a third consecutive month in November 2022.   Indian Trail Area Housing Market HighlightsNovember 2022 vs November 2021 INDIAN TRAIL HOME SALE PRICES DECREASED YEAR-OVER-YEAR & MONTH-OVER-MONTHAfter setting a record for home prices in October 2022, average home prices in Ind...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in October 2022...What you need to know...What it means for you... Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, and Hemby Bridge showed signs of a cooling market with pending and closed sales down, median list to sale price ratio down, foot traffic in listed properties down, days on market up to their highest level in 2022, and inventory up dramatically for a second consecutive month in October 2022. By the same token, average home prices increased year-over-year and set a new record high.  Indian Trail Area Housing Market HighlightsOctober 2022 vs October 2021   INDIAN TRAIL HOME SALE PRICES INCREASED YEAR-OVER-YEAR & MONTH-OVER-MONTHAverage home prices in Indian Trail increased 16.4% to $476...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Crismark Neighborhood in Greater Charlotte's Indian Trail, NCReal Estate Report & Neighborhood SpotlightQuarter 3 - 2022 Crismark sales dropped in the Third Quarter 2022 year-over-year, but increased quarter-over-quarter.  New listings in Crismark increased compared with the same time one year ago and the most recent quarter. Days on market also increased. The list to sale price ration also decreased. That being said, average and median sale prices increased year-over-year and quarter-over-quarter. CRISMARK REAL ESTATE SNAPSHOT: Q 3 - 2022 Average days on market were 18 days, seven days higher than in the Third Quarter one year ago and in the Second Quarter 2022. Median days on market were 11 days in the Third Quarter 2022, up by eight days from one year ago and by six days one quarter ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in September 2022...What you need to know...What it means for you... Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, and Hemby Bridge showed signs of a shifting and cooling market with pending and closed sales down, median list to sale price ratio down, foot traffic in listed properties down, days on market up, and inventory up dramatically in September 2022. By the same token, average home prices increased year-over-year and were the second highest in 2022.  Indian Trail Area Housing Market HighlightsSeptember 2022 vs September 2021   INDIAN TRAIL HOME SALE PRICES INCREASED YEAR-OVER-YEAR &  MONTH-OVER-MONTHAverage home prices in Indian Trail increased 23% to $431,858 in September 2022 compared ...
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