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Indian Trail NC Real Estate Market Report--January-March 2010

Indian Trail NC Real Estate Market Report—January-March 2010

How did the Indian Trail NC real estate market fare in the first quarter of 2010 and how did it compare with 2009? 

The Indian Trail NC real estate market showed reduced activity during the first quarter of 2010.  The average single family home price dropped significantly from the average price in 2009.  There are relatively few townhomes and condominiums in Indian Trail as reflected in the low number of sales both in all of 2009 and during the first quarter of 2010.

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 and townhomes in 2008 and 2009 plus first quarter 2010.

Single Family Homes in Indian Trail NC

2009 Average Sales Price:  $183,963   First Quarter 2010 Average Sales Price:  $159,340  

2009 Number of Homes Sold:  313    First Quarter 2010 Number of Homes Sold:  47    

2009 Average Days on Market:  103   First Quarter 2010 Average Days on Market:  92     

Townhomes and Condominiums in Indian Trail NC

2009 Average Sales Price:  $120,572    First Quarter 2010 Average Sales Price:  $139,000    

2009 Number of Homes Sold:  11       First Quarter 2010 Number of Homes Sold:  2      

2009 Average Days on Market:  119     First Quarter 2010 Average Days on Market:  195

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Indian Trail NC

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

Crismark

Bonterra

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

Posted: Saturday, April 10, 2010 7:57 AM by Carol Fox

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