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Indian Trail NC Real Estate Market Report--Year 2015 First Half

Indian Trail NC Real Estate Market Report—Year 2015  First Half 

How did the Indian Trail NC real estate market fare in 2015 and how does it compare with previous years?  The tables below compare the Indian Trail NC real estate market from 2008 through the first half of 2015.  The results of the tables are explained in the frequently asked questions that follow.   Click here to search Indian Trail NC homes for sale.

 

How many homes sold in Indian Trail in the first half of 2015?

The 2015 market has been strong  with 269 single family closings. 

Were home prices up or down in 2015?

Home prices increased 4.3% over 2014 prices.  The median closed price was $214,000, higher than any year since 2007.

How long were Indian Trail homes on the market in 2015?

Homes were on the market approximately 76 days, similar to 2014. 

What was the Indian Trail condominium and townhome market like in 2015?

Six townhomes sold at a median sales price of $146,500.

Were distressed sales a big factor in the 2015 market?

Foreclosures were down significantly from previous years accounting for less than 5% of the market.

Were there many new homes built in Indian Trail in 2015?

New home construction accounted for 18% of the market in 2015.

What were the best-selling neighborhoods in Indian Trail in 2015?

The Enclaves at Crismark,  Bonterra, Fieldstone Farm, The Enclaves at Crismark and  Brandon Oaks are the top  neighborhoods of the first half of 2015.

Single Family Homes in Indian Trail NC

Indian Trail Single Family Homes Year 2008 Year 2009 Year 2010 Year 2011 Year 2012 Year
2013
Year 2014 Year 2015 First Half
Median Sales Price $181,250 $169,200 $154,900 $155,597 $165,000 $179,000 $205,000 $214,000
Number of Homes Sold 326 314 217 294 378 489 505 269
Median Days on Market 41 40 92 77 78 56 75 76

Source: Carolina Multiple Listing Service

Types of Closed Sales in Indian Trail NC

Indian Trail NC Sales Types Number of Closed Sales Percentage of Closed Sales
Resale 207 76.9%
New Construction 50 18.5%
Foreclosure 7 2.6%
Short Sales 5 2%

Source: Carolina Multiple Listing Service

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

Search for homes in Indian Trail NC by clicking the links below.

$100,000-$300,000

$300,000-$500,000

$500,000-$750,000

$750,000+

Want to know more about real estate and living in Indian Trail NC?  Visit www.CarolinaSmallTownLiving.com.

Copyright 2015.  Carol Fox.  Indian Trail NC Real Estate Agent.  Allen Tate Realtors.  *Indian Trail NC Real Estate Market Report—Year 2015 First Half*

Posted: Saturday, July 25, 2015 12:15 PM by Carol Fox

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