What Happened In The Indian Land, SC Housing Market In April 2016?

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Real Estate Agent with Coldwell Banker Residential Brokerage
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Search for homes in Indian Land, South Carolina

 

April 2016 homes sales in the Indian Land, South Carolina area of the Charlotte metro region had another excellent month. The average sale price of Indian Land area (29707 zip code area) homes increased 3.3% to just over $284,000, while average days on market for property listings dropped by 9 days to 52 days in April, a 14.8% improvement over the same period last year. 

 

Price per square foot also increased by 3.5% to $118/square foot during April 2016 versus the same period in 2015.  Buyers should no longer be looking in Indian Land for a "bargain," as the days when homes in  Lancaster County versus York County are much less expensive are essentially gone.

 

Closed sales of homes in Indian Land were up 3.0% versus the same period last year. Meanwhile, pending sales in April 2016 were up double digits by 11.5% versus April 2015. Clearly, no slowdown of homes sales in the first four months of 2016. The average percent of original list price that sellers received for their homes was 96.9%, showing very little negotiating room for Indian Land homes.

 

The Indian Land area's months supply of homes in April dropped to 3.2 months--indicating more of a seller's than a balanced or buyer's market in Indian Land, South Carolina.  New listings  were up 6.8%, which will hopefully relieve some of the pressure of inventory shortage in Indian Land.

 

Indian Land Area Local Market Update - April 2016

 

 

 

 

 

 

 

 

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FIND OUT WHAT YOUR INDIAN LAND, SC HOME IS WORTH IN TODAY'S MARKET

 

 

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 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

Nina Hollander

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Residential Brokerage
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From Charlotte/Ballantyne/Waxhaw/Fort Mill
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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

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Rainmaker
3,202,171
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Happy Monday Nina Hollander,  You did it again, another great report from you on Indian Land.  Hope you have a great day!!!

May 02, 2016 01:35 AM #1
Rainmaker
3,300,385
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Nina. The market in Indian Land is getting even better for sellers! Enjoy your day!

May 02, 2016 01:35 AM #2
Rainmaker
3,129,986
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Will Hamm ~ thank you, Will. And all thing being equal, there will hopefully be another great report tomorrow!

May 02, 2016 01:39 AM #3
Rainmaker
3,129,986
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Wayne Martin ~ hi Wayne, Indian Land is a good market for sellers right now--especially for builders as there's a ton of new construction in the area.

May 02, 2016 01:40 AM #4
Ambassador
1,866,617
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Hi there Nina. I'm with you, don't be looking for steals and deals in Indian Land. Sellers markets require strong offers if buyers hope to win the bid. D 

May 02, 2016 01:54 AM #5
Rainmaker
3,129,986
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Debb Janes EcoBroker and Bernie Stea JD ~ hi Debb... In Indian Land many of the sales are new construction and they don't negotiate! 

May 02, 2016 01:57 AM #6
Ambassador
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Robert Vegas Bob Swetz
Realty ONE Group - Las Vegas, NV
Las Vegas Henderson Homes for Sale

Hello Nina ...

Wonderful looking market report and have a great week!

May 02, 2016 02:28 AM #7
Rainmaker
3,129,986
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Robert Vegas Bob Swetz ~ thanks, Bob, for the compliment. And I hope your week is simply stellar!

May 02, 2016 02:29 AM #8
Rainmaker
1,523,605
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

Great market report for the Indian Land housing market in S. C. Nina!

May 02, 2016 03:33 AM #9
Rainmaker
3,129,986
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Sybil Campbell ~ hi Sybil... thanks so much. I see  you've gone over the 900,000 point level and are slowly but surely getting up to millionaire status!

May 02, 2016 05:11 AM #10
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Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Great market report on the Indian Land housing for April 2016, Nina.  Very helpful information for both potential sellers and buyers.  Make it an awesome day!

May 04, 2016 11:47 AM #11
Rainmaker
3,129,986
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Nestor & Katerina Gasset ~ thank you Nestor and Katerina for the complimentary words. Make it a great day for yourselves!

May 04, 2016 08:35 PM #12
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