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This Month In Real Estate: Indian Land, SC Housing Market- Feb 2019

By Nina Hollander, Broker

Real Estate Agent with Coldwell Banker Realty 179530

March 09, 2019 04:36 AM

Indian Land, SC Housing Market Report:

February 2019

Indian Land, SC housing market (29707 zip code) update for February 2019. The Indian Land housing market remains a seller’s market with just 2.4 months supply of inventory. Although the average sale price of Indian Land homes dropped a bit in February 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 homes sold at about $75,000 more on average than resale homes. Days on market were also lower in February 2019 compared with February 2018. The drop in closed and pending sales is to some degree a result of lack of inventory — new listings dropped 19.5% year-over-year overall and 32.2% for resale homes. And while inventory dropped 4.3% overall in February, inventory of resale homes dropped 19.1%

MORE INFORMATION + VIDEO ON THE INDIAN LAND, SC HOUSING MARKET'S PERFORMANCE IN FEBRUARY 2019

13 HOT INDIAN LAND NEIGHBORHOODS TO KEEP AN EYE ON IN 2019

SEARCH ALL INDIAN LAND, SC HOMES FOR SALE

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

For Your FREE Spring 2019 Home Buyer Guide "Things To Consider When Buying A Home," click here.

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, to exceed your expectations, and to show you how:

"The Right Broker Makes All The Difference."

Previous Indian Land, SC Housing Market Updates:

Indian Land Housing Market Update: January 2019

Indian Land Housing Market Update: December 2018

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

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Peter Mohylsky, Destin BeachPro

PMI. Destin - Miramar Beach, FL

Call me at 850-517-7098

As always , very nice post and thanks for sharing this information with us today

Mar 09, 2019 04:39 AM

Roy Kelley

Gaithersburg, MD
Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Peter Mohylsky, SoWal Is HOME. thanks, Peter... and the month is spelled correctly this go-around!

Mar 09, 2019 04:52 AM

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 informed about the Indian Land, SC real estate market.

Mar 09, 2019 05:39 AM

Roy Kelley

Gaithersburg, MD
Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Good morning to you, Gabe. Thanks for checking in today... I'd miss your smiling face if you didn't!

Mar 09, 2019 05:44 AM

Gabe Sanders

Stuart, FL

Sheri Sperry - MCNE®

Coldwell Banker Realty - Sedona, AZ

(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander - Your clients are so lucky to have you. You provide them with lots of information so they can make the right decision when purchasing in Indian Land and SC Housing. Keep up the good work!

Mar 09, 2019 06:05 AM

Nina Hollander, Broker

Charlotte, NC

Debb Janes

Nature As Neighbors - Camas, WA

Put My Love of Nature At Work for You

When you see a drop in values, it's easy to assume it's an actual trend, but as you say, that's not necessarily true. That's why it is so important to have someone like you, actually you, to decipher the numbers. It can be so misleading.

Mar 09, 2019 06:52 AM

Roy Kelley

Gaithersburg, MD
Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Sheri Sperry - MCNE® thanks, Sheri, for the compliment. At the end of the day, that's the most important role we can play... helping our clients make the right decisions, which means we need to know our markets.

Mar 09, 2019 07:49 AM

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Debb Janes EcoBroker and Bernie Stea JD hi Debb... in places like Indian Land where new construction is a big factor, you really have to dig deeper and look at trends in resale homes and new construction homes separately.

Mar 09, 2019 07:50 AM

Ron and Alexandra Seigel

Napa Consultants - Carpinteria, CA

Luxury Real Estate Branding, Marketing & Strategy

Nina,

Darn, Debb Janes EcoBroker and Bernie Stea JD said it better than I could have expressed it. So I bow to her comment, and wish you a delightful Saturday! A

Mar 09, 2019 11:33 AM

Nina Hollander, Broker

Charlotte, NC
Debb Janes

Camas, WA

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Ron and Alexandra Seigel thanks, Alexandra. I'll just stand with my comment back to Debb, then! It's a cool and drizzly day here today, so happy to be back home. Trust your day is better than mine!

Mar 09, 2019 12:51 PM

Roy Kelley

Retired - Gaithersburg, MD

Thank you very much, Nina, for sharing your outstanding local market reports.

Mar 09, 2019 01:24 PM