Brandon Oaks in Indian Trail NC Real Estate Market Report--2011 Year-to-Date Review

Brandon Oaks in Indian Trail NC Real Estate Market Report—2011 Year-to-Date Review

Brandon Oaks is the largest neighborhood in Indian Trail NC. Under construction since the 1990s, the community still offers new homes for sale although the neighborhood is nearly complete. Two amenities centers and a fishing pond serve Brandon Oaks. Shopping is conveniently located nearby with a theater complex under construction.

Brandon Oaks Real Estate Market Comparison

A detailed comparison of the 2011 year-to-date real estate market in Brandon Oaks can be found in the tables below. What can Brandon Oaks buyers and sellers learn from these statistics?

1. Foreclosures and short sales account for over 30% of the 2011 sales year-to-date. Brandon Oaks sellers have seen a steady decline in the median sales price over the past two years. The YTD 2011 median price dropped 18.6% from 2009 and 12.9% from 2010. With the median square footage of the homes declining only 6.5%, sellers have seen an erosion of their home values.
2. Still facing competition from new construction, resale sellers in Brandon Oaks may have a difficult time selling their homes.
3. For buyers, the value proposition in Brandon Oaks has never been better.

Single Family Homes

Source: Carolina Multiple Listing Service

Brandon Oaks Types of Closed Sales

Source: Carolina Multiple Listing Service

Read more about Brandon Oaks, its community amenities, builders and public schools: Brandon Oaks in Indian Trail NC—Homes for Sale and Neighborhood Profile.

Brandon Oaks Homes for Sale

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Copyright 2011. Carol Fox. Allen Tate Realtors. *Brandon Oaks in Indian Trail NC Real Estate Market Report—2011 Year-to-Date Review*