Indian Trail NC Real Estate Market Report--July-September 2011
Indian Trail NC Real Estate Market Report—July-September
2011
The median sales price of single family homes in Indian
Trail NC dropped 5% in the third quarter of 2011 from the second quarter.
The number of homes sold remained nearly the same as the previous quarter.
Median days on market dropped to 68 day.
Only four townhomes sold in Indian Trail during the third quarter. The
median sales price improved slightly to $101,300. Median days on market
increased to four months.
What do the third quarter 2011 numbers mean for Indian Trail NC
buyers and sellers?
- Single family home sellers in Indian Trail saw a downward pressure on home
prices during the quarter while townhome sellers saw an improvement.
- Housing, both single family and townhomes, remains very affordable for
buyers in Indian Trail.
Single Family Homes
| Indian Trail Single Family Homes |
Year 2008 |
Year 2009 |
Year 2010 |
Quarter 1 Year 2011 |
Quarter 2 Year 2011 |
Quarter 3 Year 2011 |
| Median Sales Price |
$181,250 |
$169,200 |
$154,900 |
$153,000 |
$157,000 |
$149,000 |
| Number of Homes Sold |
326 |
314 |
217 |
51 |
80 |
78 |
| Median Days on Market |
41 |
40 |
92 |
114 |
79 |
68 |
Source: Carolina Multiple Listing Service
Townhomes and Condominiums
| Indian Trail Townhomes and Condos |
Year 2008 |
Year 2009 |
Year 2010 |
Quarter 1 Year 2011 |
Quarter 2 Year 2011 |
Quarter 3 Year 2011 |
| Median Sales Price |
$144,900 |
$112,750 |
$133,450 |
n/a |
$98,000 |
$101,300 |
| Number of Homes Sold |
25 |
8 |
4 |
n/a |
3 |
4 |
| Median Days on Market |
48 |
30 |
135 |
n/a |
96
|
121 |
Source: Carolina Multiple Listing Service
Most Active Neighborhoods in Indian Trail NC Third Quarter
2011
The following neighborhoods had the most sales activity during the third
quarter. Click on the neighborhood for more information and a list of homes for
sale.
Copyright 2011. Carol Fox. Allen Tate Realtors. *Indian Trail NC Real
Estate Market Report—July-September 2011*