The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in February with just 0.7 months supply of inventory overall, down 69.6% from 2.3 months in February 2020. The months supply of resale home inventory was even lower at 0.4 months.
Housing inventory was down 64.1% in February year-over-year, coupled with a 22% decrease in new listings year-over-year. New construction inventory, long a staple of Indian Land housing, was also down 71.3% year-over-year. The months supply of new construction inventory … (11 comments)
Latest news on the Indian Land real estate market in November 2020 and what it means for you...
The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in November with just 1.1 months supply of inventory overall, down 62.1% from 2.9 months in November 2019. The months supply of resale homes in Indian Land was 0.7 months down from 2 months one year ago.
Housing inventory was down 55.1% in November year-over-year. New listings dropped 15.3% year-over-year. New construction inventory, long a staple of Indian Land housing, was also down year-over-year.
Both average and median sale prices … (22 comments)
Latest news on how corona virus affected the Indian Land real estate market in April and what it means for you...
Corona virus restrictions significantly impacted home showings (down 40% compared with April 2019). As a result closed sales, inventory of homes, days on market, months supply of homes were all down and home prices were up. The bright spot was an increase in pending sales despite pandemic restrictions.
Indian Land, SC (29707 zip code) real estate report for April 2020. The Indian Land housing market remains a seller's market with just … (16 comments)
The Retreat At Rayfield Neighborhood In Indian Land, SC Real Estate Report & Neighborhood Spotlight: 1st Quarter 2020
The Retreat at Rayfield saw the number of sales decrease by nine in the 1st quarter 2020. Both Lennar and Taylor Morrison, who were building in the community are now closed out, most likely contributing to the lower number of sales. The first quarter had eight more listings in the first quarter 2020 compared with the same quarter one year ago. Both average and median home prices increased compared with the first quarter 2019, as did listing prices. Average sale price in the first quarter 2020 was $444.150; median sale price was $431,000. … (20 comments)
Latest news on the Indian Land real estate market and what it means for you...
Indian Land, SC (29707 zip code) real estate report/snapshot for March 2020. The Indian Land housing market remains a seller's market with just 2.4 months supply of inventory overall, down 25% from 3.2 months in March 2019. Housing inventory was down 13.7% in March, overall, with resale inventory down 11.6%. New construction inventory decreased 28.7% year-over-year.
Both average and median sale prices increased in March to $337,013 and $325,028, respectively. Average sale prices increased 15.2% year-over-year and median … (14 comments)
Latest news on the Indian Land real estate market and what it means for you...
Indian Land, SC (29707 zip code) real estate report/snapshot for February 2020. The Indian Land housing market remains a seller's market with just 2.1 months supply of inventory overall, down 30% from 3 months in February 2019. Housing inventory was down 17.1% in February, overall, with resale inventory down 33.3% to only 1.4 months of supply. New construction inventory stood 2.8 months. The drop in housing inventory is despite an increase in new listings of 31.3%.
Latest news on the Indian Land real estate market and what it means for you...
The Indian Land housing market remains a seller's market with just 2.1 months supply of inventory overall, down a full month from 3.1 months in January 2019. Housing inventory was down 19.4% in January, overall, with resale inventory at only 1.5 months of supply. New construction inventory stood 2.3 months, down from 3.1 months of supply in the prior month of December. Whether you're looking a resale or new construction inventory, it's razor-thin.
Both average and median sale prices … (16 comments)
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 … (24 comments)
Latest news on the Indian Land real estate market and what it means for you...
Indian Land, SC (29707 zip code) real estate report/snapshot for October 2019. The Indian Land housing market remains a seller's market with just 2.8 months supply of inventory overall. And with home sellers receiving 98% of asking price in sale price, there wasn't much room for buyers to negotiate in October.
Average days on market dropped by 9 days to 43 year-over-year, while median days on market dropped by 10 days to just 17.
Just as it was in September, the Indian Land … (22 comments)
Latest news on the Indian Land real estate market and what it means for you...
Indian Land, SC (29707 zip code) real estate report/snapshot for September 2019. The Indian Land housing market remains a seller's market with just 3.1 months supply of inventory overall, but with only a 2.1months supply of resale homes, which sold on average in 36 days. And with home sellers receiving 98.4% of asking price in sale price, there wasn't much room for buyers to negotiate in September.
The Indian Land housing market in September was all about new construction. New construction … (22 comments)
December 2017 homes sales in the Indian Land, South Carolina area of the Charlotte metro region continued the trends we've been seeing since 2016 with both home prices and sales increasing.
The average sale price of homes in the Indian Land area (29707 zip code) increased 6.5% to just under $316,000, while average days on market for property listings remained flat at 49 days compared with December 2016. Median days on market were just 22 days in December 2017.
Price per square foot also increased by 3.3% to an average of $126/square foot during December. The days when homes in Indian Land in Lancaster … (8 comments)
October 2017 homes sales in the Indian Land, South Carolina area of the Charlotte metro region continued the trends we've been seeing since 2016.
Home sale prices continue to increase, but lack of affordable inventory is putting pressure on both closed and pending sales in the Indian Land area. For those looking for new construction, average home prices are beginning to push to the $400,000 price point with average sale prices in October 2017 for new construction at approximately $387,000, and increase of 6.2% versus the same period of time last year.
The average sale price of Indian Land area (29707 zip code … (8 comments)
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