Indian Trail Real Estate Market Report - Mecklenburg, North Carolina
Indian Trail, North Carolina - Mecklenburg

Market Commentary Provided by Sid Hoffman
If you can qualify, now is an exceptional time to buy a home in Indian Trail. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 980-721-1996

  Report Date   Fall 2009  
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CONNECT WITH A LOCAL PROFESSIONAL
Sid Hoffman
Sid Hoffman
Wilkinson & Associates Real Estate
Charlotte, North Carolina
980-721-1996
shoffman@agents.househunt.com
Agent Home Page
Wilkinson & Associates Real Estate
  Nearest Metro Area   Charlotte
  Buyers’ or Sellers’ Market   More sellers than buyers
  Average Time on Market   More than 120 days
  Market Trend   Increasing
  Housing Inventory   Good supply - Some Prices
  Average Home Price   $175,000 - View Graph Trend
  Best Selling Price Range   $150,000 - $199,000
  Worst Selling Price Range   $400,000 - $449,000
  Compared to Last Year   Up 0-5%
  Prices As % of Asking Price   90-95%
  Multiple Offers?   Yes
  Greatest Activity   First Time Buyers
  Buyer Activity for the past 90 days in Indian Trail is   Decreasing
  Seller Activity for the past 90 days in Indian Trail is   Increasing
  Is Financing Available For Qualified Buyers in Indian Trail?   Yes
  Existing Home Prices for the past 90 days are   No Change
  What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?   20-25%
  Housing Hot Spots   Most cities within the Union County area are considered 'Housing Hotspots'
  Reason to Buy/Sell   Lower prices with good selection and competitive interest rates creates a perfect time to buy in Indian Trail!
  Average Sold Price   $175,000 - View Graph Trend
 
       
       
  National Real Estate Market    
  National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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