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Indian Trail NC Real Estate Market Report--July--September 2010

Indian Trail NC Real Estate Market Report—July-September 2010

Click here to see other Indian Trail NC real estate market reports, both updated and historical.

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

In the third quarter 2010, the average sales price in Indian Trail NC tumbled 11% from the second quarter 2010 and 13% from the 2009 average sales price.  The number of homes sold in the third quarter was a little more than half those sold during the second quarter.  There were no townhome or condominium sales in the third quarter.  These numbers most likely reflect slower sales after the end of the federal tax credit.

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 the first three quarters of 2010. 

Single Family Homes in Indian Trail NC

2009 Average Sales Price:  $183,963   First Quarter 2010 Average Sales Price:  $159,340  Second Quarter 2010 Average Sales Price:  $180,560  Third Quarter 2010 Average Sales Price:  $159,548

2009 Number of Homes Sold:  313    First Quarter 2010 Number of Homes Sold:  47  Second Quarter 2010 Number of Homes Sold:  80   Third Quarter 2010 Number of Homes Sold:  45 

2009 Average Days on Market:  103   First Quarter 2010 Average Days on Market:  92   Second Quarter 2010 Average Days on Market:  104  Third Quarter Average Days on Market:  98

Townhomes and Condominiums in Indian Trail NC

2009 Average Sales Price:  $120,572    First Quarter 2010 Average Sales Price:  $139,000   Second Quarter 2010 Average Sales Price:  $139,950  Third Quarter 2010 Average Sales Price:  no sales  

2009 Number of Homes Sold:  11       First Quarter 2010 Number of Homes Sold:  2    Second Quarter 2010 Number of Homes Sold:  2     Third Quarter 2010 Number of Homes Sold:  no sales

2009 Average Days on Market:  119     First Quarter 2010 Average Days on Market:  195    Second Quarter 2010 Average Days on Market:  135  Third Quarter 2010 Average Days on Market:  no sales

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

Annandale

Crismark

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

Posted: Thursday, October 21, 2010 8:38 AM by Carol Fox

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