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Indian Trail NC Real Estate Market Report--April-June 2011

Indian Trail NC Real Estate Market Report—April-June 2011

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

Indian Trail NC has grown over the past decade to become Union County’s largest town. Indian Trail has a number of affordable neighborhoods and new commercial areas providing shopping and restaurants.

During the second quarter of 2011, the Indian Trail real estate market showed improvement with 80 single family homes sold, a 56.8% jump over first quarter sales. The median sales price increased 2.6% and median days on market fell 30%. The townhome/condo market in Indian Trail is very small with few sales.

What do the second quarter 2011 numbers mean for Indian Trail NC buyers and sellers?

  • Sellers in Indian Trail may have the best opportunity in a year to sell their homes.
  • Buyers for properties in Indian Trail can find affordable prices in neighborhoods with convenient access to amenities.

Single Family Homes

Indian Trail Single Family HomesYear 2008Year 2009Year 2010Quarter 1 Year 2011Quarter 2 Year 2011
Median Sales Price$181,250$169,200$154,900$153,000$157,000
Number of Homes Sold3263142175180
Median Days on Market41409211479

Source: Carolina Multiple Listing Service

Townhomes and Condominiums

Indian Trail Townhomes and CondosYear 2008Year 2009Year 2010Quarter 1 Year 2011Quarter 2 Year 2011
Median Sales Price$144,900$112,750$133,450n/a$98,000
Number of Homes Sold2584n/a3
Median Days on Market4830135n/a96

Source: Carolina Multiple Listing Service

Most Active Neighborhoods in Indian Trail NC Second Quarter 2011

The following neighborhoods had the most sales activity during the second quarter. Click on the neighborhood for more information and a list of homes for sale.

Fieldstone FarmBrook ValleyBrandon Oaks
BrookhavenBonterra

Copyright 2011. Carol Fox. Allen Tate Realtors. *Indian Trail NC Real Estate Market Report—April-June 2011*

Posted: Tuesday, July 12, 2011 11:25 AM by Carol Fox

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