Key take-aways about the Indian Land, South Carolina (29707 zip code) housing market in the Charlotte region in November 2023 include: Indian Land closed sales increased slightly from October 2023, but declined compared with November one year ago. Average and median home prices declined month-over-month and year-over-year. Some of this decline can be attributed to the price mix of homes sold in the most recent month, especially new construction homes. New listings declined to their lowest level in the past three years. Days on … (20 comments)
Key take-aways about the Indian Land, South Carolina (29707 zip code) housing market in the Charlotte region in June 2023 include: Indian Land closed sales at their highest level since December 2022. Home prices declined month-over-month and year-over-year. New listings increased 19+% month-over-month and decreased almost 41% compared with June 2022. Despite the increased in new listings, inventory declined month-over-month and year-over-year to its lowest level since April 2022. Days on market were at their second lowest level at 28 days … (18 comments)
Key take-aways about the Indian Land, South Carolina (29707 zip code) housing market in the Charlotte region in May 2023 include: Indian Land closed sales at their highest level since September 2022. Home prices held their own, remaining essentially flat month-over-month and year-over-year. New listings decreased 16+% month-over-month and decreased almost 65% compared with May 2022. Inventory also declined month-over-month and year-over-year. Days on market were at their second lowest level since November 2022. List to sale price ratio just under 100% … (16 comments)
Key take-aways about the Indian Land, South Carolina (29707 zip code) housing market in the Charlotte region in April 2023 include: Indian Land closed sales declined 10% in April after a 41.7% increase in sales the prior month. Home prices increased year-over-year, but were down slightly month-over-month. New listings increased month-over-month, but were still lower than in April one year ago. Days on market declined almost 52% from March 2023. Average days on market in April were just 25 … (14 comments)
Key take-aways about the Indian Land, South Carolina (29707 zip code) housing market in the Charlotte region in March 2023 include: Indian Land closed sales rebounded in March with a 41.7% increase in sales after experiencing it's lowest number of closed sales in three years in February 2023. Home prices were up year-over-year and month-over-month. New listings continued to decline both year-over-year and month-over-month. Lack of new listings, combined with lower inventory month-over-month, will keep upward pressure on home … (22 comments)
The Indian Land, South Carolina (29707 zip code) housing market continued to see a low months supply of homes in November 2022 at 1.5 months and significant increases in both average and median home sale prices year-over-year, setting new records.
Year-over-year, both pending and closed sales dropped in November, while average days on market increased compared to one year ago but decreased from October 2022.
With a median list to sale price ratio of 100%, Indian Land home sellers remained in the … (24 comments)
The Indian Land, South Carolina (29707 zip code) housing market continued to see a low months supply of homes in October 2022 at 1.5 months and significant increases in both average and median home sale prices year-over-year, setting new records.
Year-over-year, both pending and closed sales dropped in October, while days on market increased compared to one year ago and one month ago.
With a median list to sale price ratio of 100%, Indian Land home sellers remained in the "driver's seat" … (24 comments)
The Indian Land, South Carolina (29707 zip code) housing market continued to see a low months supply of homes in September 2022 at 1.5 months. Both pending and closed sales dropped in September. Year-over-year, days on market dropped in September 2022 unlike in many other parts of the Charlotte region where days on market have generally been increasing. Average and median home sale prices reached record highs. With a median list to sale price ratio of 100%, Indian Land home … (16 comments)
The Indian Land, South Carolina (29707 zip code) housing market continued to see a low months supply of homes in August 2022 at 1.4 months supply. Both pending and closed sales dropped in August. Median home sale prices reached record highs. With a median list to sale price ratio of 100%, Indian Land home sellers remained in the "driver's seat" in August 2022.
Indian Land Housing Market HighlightsAugust 2022 vs August 2021
NEW LISTINGS DECREASED IN AUGUST 2022 | RESALE HOME INVENTORY AT … (18 comments)
The Indian Land, South Carolina (29707 zip code) housing market continued to see a low months supply of homes in July 2022 at 1.3 months supply. Both pending and closed sales dropped in July. With average home sale prices reaching record highs and with list to sale price ratios at 100.4%, Indian Land home sellers remained in the "driver's seat" in July 2022.
Indian Land Housing Market HighlightsJuly 2022 Versus July 2021
NEW LISTINGS DECREASED IN JULY 2022 | RESALE INVENTORY DOWN Housing inventory … (22 comments)
Indian Land, South Carolina (29707 zip code) average and median home prices reached record highs in May 2022, topping the record highs in April 2022. Home sellers enjoyed higher list to sale ratios, as well, both year-over-year and month-over-month. While higher interest rates have certainly caused many home buyers to take a pause and while we've seen a small increase in inventory, they have not impacted what home buyers are willing to pay for a home.
The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in January with just 0.8 months supply of inventory overall, down 11.1% from 0.9 months in January 2021 and down from 2.3 months in January 2020.
Housing inventory was down 35.5% in January year-over-year. New listings increased substantially by 55.7% year-over-year, most of the new listings coming from new construction. New construction inventory, however, long a staple of Indian Land housing, was down … (24 comments)
The Indian Land, South Carolina (29707 zip code) housing market remained a home seller's market in November with just 0.8 months supply of inventory overall, down 33.3% from 1.2 months in November 2020 and down from 2.9 months in November 2019.
Housing inventory was down 48.6% in November year-over-year, while new listings decreased 7.9% year-over-year. New construction inventory, long a staple of Indian Land housing, was down 66.7% year-over-year.
Both average and median sale prices increased in November 2021 to $450,580 and $445,000, respectively. Average … (22 comments)
The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in May with just 0.7 months supply of inventory overall, down 69.6% from 2.3 months in May 2020 and down from 3.5 months in May 2019.
Housing inventory was down 67.5% in May year-over-year, coupled with a 14.4% decrease in new listings year-over-year. New construction inventory, long a staple of Indian Land housing, was down 63.8% year-over-year. Resale home inventory dropped 56.6% year-over-year.
Both average and median sale prices increased in … (23 comments)
It's all about inventory in Indian Land, South Carolina. Or more accurately, it's all about the lack of inventory in Indian Land. The Indian Land (29707 zip code) housing market remained a seller's market in April with just 0.7 months supply of inventory overall, down 74.1% from 2 months in April 2020.
Housing inventory was down 72.4% in April year-over-year, coupled with a 30.6% decrease in new listings year-over-year. New construction inventory, long a staple of Indian Land housing, was down 91.1% year-over-year. Resale … (22 comments)
Latest news on the Indian Land real estate market in September 2020 and what it means for you...
The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in September with just 1.3 months supply of inventory overall, down 60.6% from 3.3 months in September 2019. Housing inventory was down 52% in September year-over-year despite an 18.3% increase in new listings. New construction inventory, long a staple of Indian Land housing, was down 61.7% year-over-year.
Both average and median sale prices increased in September to $365,077 and $357,000, respectively. Average sale prices increased 12.6% year-over-year and median sale … (12 comments)
Indian Land's housing market remained a seller’s market in April 2019 with just 2.9 months supply of inventory overall, but with only 2.2 months supply of resale homes. Both the average and median sale price of Indian Land homes increased in April 2019. New construction homes sold at about $9,000 more on average than resale homes. Resale home inventory dropped 20.3% in April, clearly impacting both closed and pending sales which were flat and up 0.9% respectively. With home sellers getting 98.1% of selling price, not much room for buyers to negotiate.
Indian Land, South Carolina (28707 zip code) housing market update for January 2019. The Indian Land housing market remained a seller’s market in January 2019 with just 2.9 months supply of inventory despite a 5.7% increase in new listings. Although the average sale price of Indian Land homes dropped in January 2019, it shouldn’t be assumed Indian Land homes are losing value. It had more to do with the price mix of homes sold. New construction remains a big factor in Indian Land home sales. New homes sold at about $10,000 more on average than in … (18 comments)
Indian Land, SC housing market (29707 zip code) update for December 2018. The Indian Land housing market remains a seller’s market with just 2.7 months supply of inventory despite an increase in new listings. Overall inventory was down 7.5%; resale home inventory was down even more 18.2%. Although the average sale price of Indian Land homes dropped in December 2018 it shouldn’t be assumed Indian Land homes are losing value. It had more to do with the price mix of homes sold. And price per square foot increased during the month.
November 2018 housing numbers continue to show that “bargains” in the Indian Land (29707 zip code) housing market have essentially disappeared with average and median home prices increasing double-digits to the mid-$300,00’s and catching up to home prices in Fort Mill, SC (29715 and 29708 zip codes) in November 2018. Housing inventory also down double-digits in November and months supply of inventory at its lowest level in three years. Closed sales were up in November 2018 by double-digits.
The average sale price of Indian Land area homes increased by 10.1% to $355,000 compared with the … (14 comments)
Latest news on the Indian Land real estate market in November 2023...
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