What Happened In The Indian Trail, NC Housing Market In May 2017?
By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
May 2017 home sales in Indian Trail, North Carolina area (28079 zip code), which also includes the Towns of Stallings, Hemby, and Lake Park in Union County, continued the positive trends of the first four months of 2017 with sale prices increasing, days on market substantially decreasing, available inventory decreasing, closed sales increasing. but pending sales decreasing due to lack of inventory and new listings. The average sale price of Indian Trail area homes increased by 8.9% to just over $249,000 as compared with the same period one year ago. Average days on market for property listings dropped by 6 days to 44 days from 50 days just one year ago--a 12% improvement over the same period last year. Median days on market also dropped by 33.3% to 14 days in May 2017. Average price...
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