14 Hot Selling Indian Land/Lancaster, SC Neighborhoods In The Charlotte Metro Area To Watch In 2020
The Indian Land/Lancaster, South Carolina area of Charlotte continues to be hot, hot, hot in terms of buyer demand for homes. 2019 closed sales had 14 hot neighborhoods to watch in 2019.
Eight of these 14 neighborhoods have been on the "hottest neighborhoods to watch" list since 2016 -- Bridgemill, The Retreat at Rayfield, Belair at Carolina Lakes, Walnut Creek, Legacy Park, Sun City at Carolina Lakes, and Carolina Reserve. Queensbridge has made the hot neighborhood list for the third year in a row; while Treetops and Bent Creek are here for a second year in a row.
New construction in Indian Land "ruled" in 2019. Bridgemill, The Retreat at Rayfield, Walnut Creek, Treetops, Queensbridge, Avondale, Ansley Park, Bent Creek all had primarily new construction sales.
Bridgemill
Originally developed by John Wieland homes, beginning in 2005, Bridgemill is now being built out by Pulte Homes, who purchased the John Wieland company a few years ago. A total of 72 homes sold in Bridgemill in 2019 at an average sale price of $486,919 up from just under $456,000 in 2018.
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The Retreat At Rayfield
Under development by Lennar Homes and Taylor Morrison, The Retreat at Rayfield saw 36 homes sell in 2019 at an average sale price of $428,865. 28 of the sold homes were new construction and sold at an average price of $428,865. 19 of the 28 home sales in 2019 were new construction homes.
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Belair At Carolina Lakes
BelAir at Carolina Lakes remains a perennial favorite neighborhood in the Indian Land area. No new construction in Belair at Carolina Lakes, which was developed by Pulte Homes between 2006 and 2011. A total of 32 homes sold in 2019 (one more than in 2018) at an average sale price of $306,269 compared with an average sale price of $294,755 in 2018.
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Carolina Reserve
Developed by Lennar Homes, Carolina Reserve has no more new construction homes as the community was fully built out in 2016. 56 homes sold in 2019 compared with 36 homes sold in 2018. Average sale price in 2019 was $303,534 compared with an average sale price of $303,231 in 2018.
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Walnut Creek
Walnut Creek retained its #1 spot as the community with the most number of sales in 2018, which totalled 169 homes at an average price of $317,876 compared with $291,425 in 2018. 105 of these homes were new construction, selling at an average price of $308,065. 85 of the 169 sold homes were new construction averaging $324,054 in sale price. Primary builders in Walnut Creek in 2019 were DR Horton, Eastwood Homes, M/I Homes. One of the sold homes in 2019 was built by Snith-Douglas Homes.
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Legacy Park
A well-established community in Indian Land built by DR Horton and Orleans Homes, Legacy Park had a total of 33 sales in 2019, averaging a sale price per home of $278,477 compared with $266,231 in 2018. Average cumulative days on market in 2019 were just 33 days.
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Sun City At Carolina Lakes
One of Charlotte area's largest and popular Active Adult communities, Sun City at Carolina Lakes had 151 closed home sales in 2019 compared with 135 homes sold in 2018. Average sale price in 2019 was $351.892.
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Treetops
Since its "entry" into the Indian Land/Lancaster area in the Active Adult housing segment in 2016, Treetops has become a high-demand neighborhood with the 55+ demographic. Developed by Lennar Homes, Treetops saw 39 closed sales in 2019 at an average selling price of $338,677 compared with $331,117 in 2018. Average cumulative days on market in 2019 were 39 days... a very short time frame for new construction. As of 2020, Treetops is in its last phase of construction and close to being fully built out.
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Queensbridge
Developed by Pulte Homes, Queensbridge is a newer community in the heart of Indian Land with two "villages" comprising the subdivision. Construction began in 2016. 34 homes sold in Queensbridge at an average price of $432,243 compared with $400,519 in 2018. Average cumulative days on market were just 13 days in 2019. All but two of the 34 home sales were new construction in 2019.
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Bent Creek
Bent Creek is one of Indian Land's newer communities, being developed by Toll Brothers and Taylor Morrison. A handful of homes were built and sold in 2017, with the majority of sales beginning in 2018 with 30 homes selling in 2018 at an average price of $429,984. In 2019 55 homes were sold in Bent Creek at an average sale price of $489,359.
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Avondale
A new conmunity being built by DR Horton, Avondale saw 41 closed sales in its first year at an average sale price of $388,241.
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Ansley Park
Another new construction community in the Indian Land area, Ansley Park is being developed by Ryan Homes and David Weekley Homes. Ansley Park saw 32 closed sales in its first year at an average sale price of $373,889.
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Arlington had 26 closed homes sales in 2019 at an average sale price of $215,073 compared with 22 home sales in 2018 at an average sale price of $206,826. Cumulative average days on market in 2019 were just 14 days, which shows how much demand there is in the Indian Land area for homes priced in the lower $200,000's.
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Rosemont
A well-established community in Indian Land first introduced in 2008, Rosemont had 32 closed sale in 2019 at an average sale price of $343,720 compared with the average sale price of $330,161 in 2018. Average cumulative days on market were 30 days, down from 38 days in 2018.
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Honorable mention goes to these popular Indian Land area communities:
Reid Pointe: 22 sales at an average sale price of $238,205
Heritage Hall: 18 sales at average selling price of $295,320
Bridgehampton: 13 sales at an average selling price of $314,117
Burnside: 14 sales at an average selling price of $287,254
Silver Run: 12 sales at an average selling price of
Clairemont: 21 sales at an average selling price of
Almond Glen: 17 sales at an average selling price of
Shelly Woods: 14 sales at an average selling price of
Riverchase Estates: 11 sales at an average selling price of
Why Do People Choose To Live In Indian Land, SC?
Indian Land, SC is located just minutes from the heart of Charlotte's upscale and popular Ballantyne area, which features two large outdoor shopping centers (Blakeney and Stonecrest) including grocery shopping, high-end boutiques, spas, casual and fine dining restaurants, movie theatres, medical facilities, etc. Ballantyne Village, the world-class Ballantyne Resort and Spa, the BallantyneGolf Course are all also easily accessible from Indian Land. Indian Land offers a Walmart Super Center and a Lowes Home Improvement Store, as well as two new shopping centers -- Promenade at Carolina Reserve and Redstone. Indian Land residents have access to some 23 parks within 10 miles and 22 golf courses.
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WHAT'S YOUR INDIAN LAND HOME WORTH?
Don't hesitate to contact us at Carolinas Realty Partners if you'd like more information about the 14 Hottest Selling Neighborhoods in Indian Land, SC (or in any Charlotte metro neighborhood, for that matter). We've been opening doors for Indian Land/Lancaster, SC home buyers and sellers for 20+ years.
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FIND OUT WHAT YOUR CHARLOTTE METRO AREA HOME IS WORTH
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