What Happened In The Indian Trail, NC Housing Market In October 2016?
By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
October 2016 home sales in Indian Trail, North Carolina area (28079 zip code), which also includes the Town of Stallings, continued the positive trends of the year to-date with sale prices increasing, days on market decreasing, available inventory tightening. The average sale price of Indian Trail area homes increased by 9.7% to just under $242,000 as compared with the same period one year ago. Average days on market for property listings dropped by 15 days to 44 days from 59 days just one year ago--a 25.4% improvement over the same period last year. Median days on market also dropped by 44.4% to 15 days in October 2016. Average price per square foot increased by 7.3% to $103/square foot in October 2016 versus the same period in 2015. Pending sales increased 1.8% in October versus th...
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