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 May 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, Hemby Bridge in Union County, remained a home seller's market in May 2022, despite all the talk of a market correction.  It's been more than six years since Indian Trail could be considered a balanced market, much less a home buyer's market. Average home prices increased 32.5% year-over-year, setting a new record.  Average days on market also dropped in May. Pending sales also decreased 12.4% year-over-year, while closed sales increased 7.4%. Inventory increased year-over-year 3.7% (equal to three additional homes on the market).  Indian Trail Area Housing Market HighlightsMay 2022 vs Ma...
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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 2021 and what it means for you...  Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge has totally recovered from the effects of the pandemic. Home prices increased over February 2020, while days on market and inventory dropped significantly year-over-year. Average home prices increased 18.1% to $330,316 in February 2021 compared with the same month one year ago. Median home prices increased 14.7% to $323,000 year-over-year.  Price per square foot averaged $147 (up $20/square foot), increasing 15.7% year-over-year. The months supply of homes for sale dropped to 0.6 months (down 70% from 2 months in February 2020). Inventory of homes also dropped 68.7% compared with the same ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 9 Hot Indian Trail, NC Neighborhoods To Watch In 2021 Indian Trail in Union County remains an affordable area for homes with numerous communities still selling at under $300,000 and just over $300,000. Five of these 9 neighborhoods have been top selling neighborhoods in Indian Trail for four consecutve years: Fieldstone Farm, Brandon Oaks, The Enclaves at Crismark, Lake Park, and Crismark.      BRANDON OAKS 69 homes sold in Brandon Oaks in 2020 compared with 79 homes sold in 2019. Brandon Oaks remains a perennially favorite and affordable Indian Trail neighborhood, although average sale prices in 2019 rose to over $300,000 to $300,906 in 2020 compared with $277,447 in 2019, $262,159 in 2018 and $251,772 in 2017. Average cumulative days on market in Brandon Oaks were just 14 days. Home ...
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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 2021 and what it means for you...  Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge has not only recovered from the initial effects of the pandemic early in 2020, but began the new year as it ended the last year -- as a seller's market. Home prices increased over January 2020, while days on market and inventory dropped significantly year-over-year. Average home prices increased 12% to $329,160 in January 2021 compared with the same month one year ago. Median home prices increased 16.9% to $345,000 year-over-year.  Price per square foot averaged $147 (up $20/square foot), increasing 15.7% year-over-year. The months supply of homes for sale dropped to 0.9 months (down 55% f...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
   Crismark Neighborhood in Charlotte Area's Indian TrailReal Estate Report & Neighborhood Spotlight Quarter 4 - 2020 For a community with some 900 homes, the 7 homes listed for sale in Crismark in the fourth quarter of 2020 were a drop in the bucket. Just 12 homes sold in Crismark in the fourth quarter (same number of sales as in the same quarter one year ago). The number of new listings also dropped year-over-year to 7 homes from 9 homes one year ago. Average days on market, as a result, dropped to just 5 days from 24 days year-over-year. Average sale price of homes in Crismark in the fourth quarter was $312,613 and the median sale price was $291,500.  Crismark homes sold at 101.5% of listing price.  Buyers had virtually no room to negotiate on price in this popular community in the f...
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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 and what it means for you...  Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge appears to have recovered from the initial effects of the pandemic earlier in the year. Closed sales and home prices increased over November 2019, while days on market and inventory dropped year-over-year. Average home prices increased 11.7% to $323,225 in November 2020 compared with the same month one year ago. Median home prices increased 9.8% to $316,800 year-over-year. Price per square foot averaged $142 (up $13/square foot), increasing 10.1% year-over-year. The months supply of homes for sale dropped to 1 month (down 56.5% from 2.3 months in November 2019). Inventory of homes also dropped ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
   Crismark Neighborhood in Charlotte Area's Indian TrailReal Estate Report & Neighborhood Spotlight Quarter 3 - 2020 For a community with some 900 homes, the 13 homes listed for sale in Crismark in the third quarter of 2020 were a drop in the bucket. Just 10 homes sold in Crismark in the third quarter (five fewer homes than in the same quarter one year ago). The number of new listings also dropped year-over-year to 13 homes. Average sale price of homes in Crismark in the third quarter was $334,035 and the median sale price was $326,450. Price per square foot averaged just under $118/square foot. Average and median sale and listing prices were up significantly in Quarter 3, 2020 with average sale prices up 19.54% and median sale price up 10.17%. Crismark homes sold at 99.2% of listing p...
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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 2020 and what it means for you...  Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge appears to have recovered from the initial effects of the pandemic. Closed sales and home prices increased over September 2019, while days on market and inventory dropped year-over-year. Average home prices increased 9.2% to $300,297 in September 2020 compared with the same month one year ago. Median home prices increased 13.2% to $298,945 year-over-year. Price per square foot averaged $142 (up $14/square foot), increasing 10.9% year-over-year. The months supply of homes for sale dropped to 1.2 months (down 52% from 2.5 months in September 2019). Inventory of homes also dropped 50.6% comp...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Indian Trail, NC (28079 Zip Code) Housing Market Update: May 2020Latest news on how corona virus impacted the Indian Trail real estate market and what it means for you...  The Indian Trail, NC area includes the towns of Stallings, Hemby Bridge, and Lake Park in Union County in the 28079 zip code. Corona virus restrictions impacted the Indian Trail housing market in May as evidenced by lower inventory, fewer months supply of inventory, fewer new listings. Closing and pending sales also dropped. Average home prices increased 10% to $307,962 in May 2020 compared with the same month one year ago and also rose month-over-month. Median home prices were increased 7.5% year-over-year to $299,950 and also increased month-over-month. Price per square foot averaged $138 (up $15/square foot), inc...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Indian Trail, NC (28079 Zip Code) Housing Market Update: April 2020Latest news on how corona virus impacted the Indian Trail real estate market and what it means for you...  Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, Hemby Bridge, felt the impact of the corona virus pandemic in April 2020 -- the first full month of stay-at-home restrictions in North Carolina. Days on market, housing inventory, months supply of homes, new listings all were down significantly. Closed and pending sales were also down significantly.  Average home prices increased 4.2% to $299,087 in April 2020 compared with the same month one year ago. Median home prices were essentially flat at $278,000 (down 0.07%) year-over-year. Price per square foot averaged $138 (up $12/...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
   Crismark Neighborhood in Charlotte Area's Indian TrailReal Estate Report & Neighborhood Spotlight Quarter 1 - 2020 For a community with some 900 homes, the 14 homes listed for sale in Crismark in the first quarter of 2020 were a drop in the bucket. Just 10 homes sold in Crismark in the first quarter (two more than in the same quarter one year ago). The number of new listings doubled year-over-year to 14 homes, but again this can be considered a drop in the bucket for a community with some 900 homes. Average sale price of homes in Crismark in the third quarter was $311,240 and the median sale price was $317,500. Price per square foot averaged just under $100.17/square foot. Average and median sale and listing prices were up significantly in Quarter 1, 2020. Average and median sale pri...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
UNDER CONTRACT IN CHANDLER FOREST - YOU KNEW THIS ONE WOULDN'T LAST LONG!Master on the Main, Waterfront, Cul-de-sac Lot SORRY, TOO LATE! This lovely FULL-BRICK home on cul-de-sac lot, in Chandler Forest is UNDER CONTRACT. REAL virtual tours truly make a difference - it helped us quickly get in front of several buyers, all of whom had serious interest in this beautiful home. The soaring 2-story foyer opens to formal dining with heavy millwork throughout. Gleaming hardwoods. Open floorplan with family room (fireplace with gas logs) and eat-in kitchen (with stainless appliances, including gas range) with breakfast bar, all overlooks lush, fenced, fully-irrigated backyard. The draws that every buyer voiced was the screened porch with side deck, both with spectacular views of the neighborhoo...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Indian Trail, NC (28079 Zip Code) Housing Market Update: March 2020Latest news on the Indian Trail real estate market and what it means for you...  The Indian Trail, NC area includes the towns of Stallings, Hemby Bridge, and Lake Park in Union County in the 28079 zip code. With lower inventory, fewer days on market and fewer months supply of inventory, Indian Trail remained predominantly a seller's market in March. The Indian Trail area experienced increases in both average and median home sale prices in March 2020 compared with the same month in 2019. Average home prices increased 2.7% to $300,454, while median home prices increased 7.9% to $309,750 year-over-year. Both average and median home sale prices increased month-over-month. Price per square foot averaged $130 (up $13/square ...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
COMING SOON IN CHANDLER FOREST - WATERFRONT! FULL-BRICK home for sale in Chandler Forest. Soaring 2-story foyer opens to formal dining with heavy millwork throughout. Gleaming hardwoods. Open floorplan with family room (fireplace with gas logs) and eat-in kitchen (with stainless appliances, including gas range) with breakfast bar, all overlooks lush, fenced backyard and spectacular views of the neighborhood pond & fountain.   Large windows throughout; door from breakfast room leads to covered/screened porch & deck with lovely pond views. Master on the main with luxurious bath featuring double sinks and separate tub & shower. Upstairs you will find 3 additional bedrooms (one can serve as bonus or office space).  You will love living on this quiet CUL-DE-SAC in this lovely neighborhood, s...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Indian Trail, NC (28079 Zip Code) Housing Market Update: February 2020Latest news on the Indian Trail real estate market and what it means for you...  The Indian Trail, NC area includes the towns of Stallings, Hemby Bridge, and Lake Park in Union County in the 28079 zip code. With lower inventory, fewer days on market and fewer months supply of inventory, Indian Trail remained predominantly a seller's market in February. The Indian Trail area experienced small decreases in both average and median home sale prices in February 2020 compared with the same month in 2019. Average home prices decreased 2.5% to $274,163, while median home prices decreased 1.1% to $279,500 year-over-year. The small decrease in home prices is less reflective of a diminution in home values than of the price mix...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Indian Trail, NC (28079 Zip Code) Housing Market Update: January 2020Latest news on the Indian Trail real estate market and what it means for you...  The Indian Trail, NC area also includes the towns of Stallings, Hemby Bridge, and Lake Park in Union County in the 28079 zip code. With low inventory, low days on market, and higher home sale prices, Indian Trail remained predominantly a seller's market in January. The Indian Trail area experienced increases in both average and median home sale prices in January 2020 compared with the same month in 2019. Average home prices increased 18.6% to $293,736, while median home prices increased 17.5% to $295,000 year-over-year. Price per square foot averaged $127, increasing 4.1% year-over-year. The months supply of homes for sale dropped to 1.8...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 11 Hot Indian Trail, NC (28079 Zip Code) Neighborhoods To Watch In 2020 Indian Trail in Union County remains an affordable area for homes with five of the 11 hottest selling neighborhoods averaging sale prices below $300,000 and three below $325,000. Only one neighborhood's sale prices averaged above $400,000. Six of these 11 neighborhoods have been top selling neighborhoods in Indian Trail for three consecutve years: Fieldstone Farm, Brandon Oaks, The Enclaves at Crismark, Union Grove, Lake Park, and Crismark.      BRANDON OAKS 79 homes sold in Brandon Oaks in 2019. Brandon Oaks remains a perennially favorite and affordable Indian Trail neighborhood, although average sale prices in 2019 at $277,447 were higher compared with $262,159 in 2018 and $251,772 in 2017. Average cumulative day...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
SOLD! Ranch Home in Popular Chandler ForestSold at 104% list-to-sales price within hours on the market! Bright, sunny, full-brick RANCH in popular Chandler Forest has SOLD! With the demand was incredibly high demand during our pre-marketing/coming soon period, we knew this one would go quickly. This impeccable home was move-in ready and the buyers responded well to our marketing - including submitting Offers, sight unseen!  This beautiful, sunny, full-brick RANCH home popular Charlotte/Matthews area neighborhood, Chandler Forest, is located on a quiet cul-de-sac. The lucky new butyers will enjoy walks around the scenic neighborhood pond and watching the sunset at the gazebo.  The home’s split floorplan with an oversized master suite with double trey & vaulted ceiling (in lovely sitting ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
   Crismark Neighborhood in Charlotte Area's Indian TrailReal Estate Report & Community Spotlight4th Quarter 2019 Crismark homes sold faster than ever in the 4th  Quarter of 2019 with cumulative days on market just 24 days and they sold at an average 98.5% of list price, which meant there wasn't a lot of negotiating room for buyers interested in this community.  For a community with some 900 homes, the 9 homes listed for sale in the fourth quarter of 2019 was a drop in the bucket. In total, 45 homes sold in Crismark in 2019, at an average sale price of $279,352... that's equal to only a 5% turnover in homes. Twice as many homes sold in Crismark in Quarter 4, 2019 compared with Quarter 4, 2018. Average sale price of homes in Crismark in the third quarter was $288,250 and the median sale ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Indian Trail, NC (28079 Zip Code) Housing Market Update: December 2019Latest news on the Indian Trail real estate market and what it means for you...  Indian Trail real estate report for December 2019. The Indian Trail, NC area also includes the towns of Stallings, Hemby Bridge, and Lake Park in Union County in the 28079 zip code. With low inventory, low days on market, and higher home sale prices, Indian Trail remained predominantly a seller's market in December.The Indian Trail area experienced increases in both average and median home sale prices in December 2019 compared with the same month in 2018. Average home prices increased 12% to $303,799, while median home prices increased 8.7% to $299,900 year-over-year. Price per square foot averaged $127.The months supply of homes for sa...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC (28105 Zip Code) Housing Market Update:December 2019Latest news on the Matthews real estate market and what it means for you...  Matthews (28105 zip code) real estate report/snapshot for December 2019. Matthews remained a seller’s market in November 2019 with the months supply of inventory remaining low at 1.6 months (down 23.8% year-over-year from 2.1 months). Inventory was down 14.2% despite an increase in new listings of 8.6% in December. Average sale prices of homes increased 4.9% year-over-year to $331,851, while median home sale prices increased 10.7% to $289,000  year-over-year. Average days on market were 43, down 2 days from one year ago in December 2018, while median days on market dropped by 15 days to just 14 days. Matthews homes continue to sell quickly. Close...
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