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Indian Trail NC Real Estate Market Report--2009

Indian Trail NC Real Estate Market Report—2009

How did the Indian Trail NC real estate market fare in 2009 and how did it compare with 2008? 

In 2009, average sales prices in Indian Trail NC were off 9 percent for single family homes and off 20 percent for townhomes.  The number of single family homes sold did not change much from 2008, declining only 6%.  The number of Indian Trail NC townhomes sold, however, dropped a dramatic 62%.  Sellers in both years waited around one hundred days to sell their single family homes and about 120 days to sell their townhomes in both years.

Indian Trail NC Average Real Estate Prices, Homes Sold, and Average Days on Market

The chart below shows average sales prices in Indian Trail NC for single family homes in 2008 and 2009 plus each 2009 quarter.

Single Family Homes in Indian Trail NC

2008 Average Sales Price:  $203,297      2009 Average Sales Price:  $183,963    Year-to-Year Change:  -9%

2008 Number of Homes Sold:  335        2009 Number of Homes Sold:  313      Year-to-Year Change:  -6%

2008 Average Days on Market:  101        2009 Average Days on Market:  103      Year-to-Year Change:  no significant change

Townhomes and Condominiums in Indian Trail NC

2008 Average Sales Price:  $151,697      2009 Average Sales Price:  $120,572     Year-to-Year Change:  -20%

2008 Number of Homes Sold:  29          2009 Number of Homes Sold:  11       Year-to-Year Change:  -62%

2008 Average Days on Market:  123      2009 Average Days on Market:  119     Year-to-Year Change:  -3%

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Indian Trail NC 2009

The most active Indian Trail NC neighborhoods are listed below.  Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 real estate activity and search for current homes for sale.

Meriwether

Brandon Oaks

Taylor Glenn

Brookhaven

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Indian Trail NC Real Estate Market Report—2009*

Posted: Thursday, January 28, 2010 3:39 PM by Carol Fox

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