This Month In Real Estate: Indian Land (29707 Zip Code) - Dec. 2018

By
Real Estate Agent with Coldwell Banker Residential Brokerage

 

Indian Land, SC Housing Market Report & Video:

December 2018

 

 

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.

 

 

 

  • Average sale price of Indian Land area homes decreased in December 2018 by 7.5% to $331,321 compared with the same period one year ago.

  • Median sale price for Indian Land area homes in December also increased 16.5% versus one year ago to $285,000.

  • Average days on market for property listings in Indian Land were 50 days (up 15 days compared with one year ago). However average days on market in December were down 13 days versus the prior month of November.

  • Median days on market stood at 14 days in December 2018 (down days compared with one year ago). Median days on market dropped by 16 days versus November 2018.

  • Average price per square foot for Indian Land area homes was $138/square foot (up 8.7%) in December 2018 versus the same period in 2017. 

  • Pending sales in the Indian Land area were up 1.8% in December 2018 versus the same month last year.

  • Closed sales in the Indian Land area area decreased 23.8% in December 2018 compared with the same month one year ago.

  • New listings in the Indian Land area decreased 15.8% versus December 2017.

  • Months supply of inventory remained low at 2.7 months, down 15.6%. Overall, housing inventory was down 7.5% in December 2018 compared with December 2017.

  • Median percent of original list price that sellers received for their homes was 97.8%, showing relatively little negotiating room in the 29707 zip code for Indian Land area homes. And it’s a full percentage point higher than just one month ago.

  • Average sale price for new construction homes in the Indian Land area was $383,461. Average sale price of new construction homes was just over $62,000 higher than that of resale homes in December 2018 versus the same month one year ago. Resale inventory remains very tight and was down 18.2% in December 2018.

 

 

SEARCH ALL INDIAN LAND, SC HOMES FOR SALE

 

 

WONDERING WHAT YOUR INDIAN LAND, SC AREA HOME IS WORTH?

 

This Charlotte, North Carolina real estate monthly update for Indian Land, South Carolina is brought to you by Nina Hollander and Carolinas Realty Partners,Coldwell Banker Residential Brokerage, your Charlotte metro area residential real estate experts and Indian Land specialists. We've been opening doors for Indian Land home buyers and sellers for 20 years!

If you're considering selling or purchasing a home in Indian Land or anywhere in the Charlotte metro area, I'd love an opportunity to earn your business, toexceed your expectations, and to show you how:

 "The Right Broker Makes All The Difference."


 

CHECK OUT THE 10 HOTTEST INDIAN LAND NEIGHBORHOODS TO BE WATCHING 

 

 

Previous Indian Land, SC Housing Market Updates:

 

Indian Land Housing Market Update: November 2018

Indian Land Housing Market Update: October 2018

Indian Land Housing Market Update: September 2018

Indian Land Housing Market Update: August 2018

Indian Land Housing Market Update: July 2018

Indian Land Housing Market Update: June 2018

Indian Land Housing Market Update: May 2018

Indian Land Housing Market Update: April 2018

Indian Land Housing Market Update: March 2018

Indian Land Housing Market Update: February 2018

Indian Land Housing Market Update: January 2018

 

Great Homes In Charlotte 

Originally published at: https://greathomesincharlotte.com/housing-market-reports-updates/indian-land-housing-update-december-2018/ 

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SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

 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
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

2007 - 2019 Charlotte Magazine 5-Star Customer Satisfaction Award Winner

 

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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
3,095,926
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila and Larry... thanks for that shout-out to Indian Land sellers... it's a very competitive market for buyers right now.

Jan 13, 2019 05:12 AM #3
Rainmaker
3,095,926
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Wayne Martin thanks, Wayne, for stopping by. Wishing you a lovely Sunday and week ahead.

Jan 13, 2019 05:12 AM #4
Rainmaker
4,797,361
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Nina.  Thanks for keeping us updated about the Indian Land real estate market.

 

Jan 13, 2019 05:51 AM #5
Rainmaker
1,921,261
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Nina - a very informative market report.  Indian Land is a wonderful choice and buyers should contact you for the best respresentation.

Jan 13, 2019 06:26 AM #6
Ambassador
1,852,786
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Sellers in Indian Land have a great start to the New Year with the opportunity to get top dollar for their properties. I know you would do a wonderful job representing these sellers - hope you get some calls, Nina. 

Jan 13, 2019 06:56 AM #7
Rainmaker
3,095,926
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Debb Janes EcoBroker and Bernie Stea JD it is a good time to sell in Indian Land, Debb... as for those calls, not holding my breath... still waiting for the very first one to come from a market report in the Rain.

Jan 13, 2019 07:09 AM #8
Rainmaker
3,095,926
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Grant Schneider hi Grant... Indian Land has become one of the fastest growing areas of the immdediate Charlotte metro area.

Jan 13, 2019 07:10 AM #9
Rainmaker
3,095,926
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Gabe Sanders thanks, Gabe, for stopping by. Trust you are enjoying your Sunday morning.

Jan 13, 2019 07:11 AM #10
Rainmaker
1,678,561
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

thanks for the market update.  It is always helpful to see what is going on around the country! 

Jan 13, 2019 10:06 AM #11
Rainmaker
4,448,493
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

This is a great market update especially for those who are thinking of buying  or selling in Indian Land.  If they are, they would do themselves an immense favor by hiring you.  A

Jan 13, 2019 11:52 AM #12
Rainmaker
1,304,490
Wayne and Jean Marie Zuhl
Samsel & Associates - Clark, NJ
The Last Names You'll Ever Need in Real Estate

Indian Land buyers and sellers are lucky to have you to help guide them through the real estate waters!

Jan 13, 2019 12:17 PM #13
Rainmaker
3,095,926
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Lise Howe hi Lise... nice to see you... don't think I've seen you around the Rain for at least a week now! Wishing you a good week ahead.

Jan 13, 2019 12:40 PM #14
Rainmaker
3,095,926
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Ron and Alexandra Seigel hi Alexandra... I keep hoping for a few more Indian Land sellers to call me... alas, it's awfully quiet on that front.

Jan 13, 2019 12:40 PM #15
Rainmaker
3,095,926
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Wayne and Jean Marie Zuhl thanks, Wayne and Jean Marie... always very appreciative of a good endorsement from my fellow practitioners!

Jan 13, 2019 12:41 PM #16
Rainmaker
5,383,527
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Indian Land home sellers will be in very good hands when they select you as their listing agent.

Jan 13, 2019 12:57 PM #17
Rainmaker
3,095,926
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley thanks, Roy. Trust you've had a nice weekend and are now looking forward to a good week ahead.

Jan 13, 2019 12:58 PM #18
Rainmaker
2,549,626
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

A day late, but I don't feel as if I am a dollar short, haha.  I still got my Indian Land fix!

Jan 14, 2019 06:51 AM #19
Rainmaker
3,095,926
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Brian England good morning, Brian... been waiting for you to make an appearance here! Glad you made it and glad you got your Indian Land fix!

Jan 14, 2019 06:52 AM #20
Rainmaker
4,082,582
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, you are on a roll with your market reports!  Great info for Indian Land, and anyone looks at this area, should give you a call.

Jan 14, 2019 07:40 AM #21
Rainmaker
3,095,926
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Joan Cox hi Joan... fortunately I'm done with all of them but one (later today) for the neighborhood reports. Now it's time for fourth quarter and year-end reports!

Jan 14, 2019 08:02 AM #22
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