What Happened In Indian Land (29707 Zip Code) Real Estate In July 2019

By
Real Estate Agent with Coldwell Banker Residential Brokerage

 

Indian Land, SC Housing Market Report:

July 2019

 

Indian Land, SC (29707 zip code) housing market report/snapshot for July 2019. The Indian Land housing market remains a seller’s market with just 3.2 months supply of inventory overall, but with only a 2.1 months supply of resale homes.

While new listings increased 3.8% in July 2019 compared with July 2018,  most of the increase was from new construction, as resale inventory dropped 26.6% year-over-year.

Average sale prices in July 2019 increased 5.7%, while the median sale price of Indian Land homes increased 7.6% in July 2019, with new construction homes selling at about $97,000 more on average than resale homes.

With home sellers getting 98.7% of selling price, very little room for buyers to negotiate.

Pending sales increased almost 9.8% year-over-year, while closed sales increased 8.8%.

 

 

 MORE INFORMATION ON THE INDIAN LAND, SC HOUSING MARKET'S PERFORMANCE IN JULY 2019

 

 

How The Indian Land Housing Market Performed In

June 2019 Versus June 2018

 

Indian Land (29707 Zip Code) Housing Market Snapshot: July 2019 

 

  

 

 13 HOT INDIAN LAND NEIGHBORHOODS TO WATCH

 

 

 

 

 

SEARCH ALL INDIAN LAND, SC HOMES FOR SALE

 

 

 

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

 

 

 

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

 Find out by clicking on the picture below.  

 

If you're thinking about selling your Indian Land area home, let's get together and discuss the supply conditions in Indian Land neighborhoods and how we can assist you in gaining access to buyers who area ready, willing, and able to buy now.

   

 

Contact us if you'd like to receive our Neighborhood Analyzer Report on a monthly basis so you can keep track of home sales activity in your neighborhood.

We're happy to provide an expert home value analysis with no obligation on your part.

 

Click here to get your FREE copy of our Summer 2019 Home Seller Guide: Things To Consider When Selling Your House

 

MEDIAN HOME PRICE TRENDS IN INDIAN LAND, SC

 

 

 

 

This Charlotte, North Carolina monthly real estate update for Indian Land, South Carolina is provided  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: June 2019

Indian Land Housing Market Update: May 2019

Indian Land Housing Market Update: April 2019

Indian Land Housing Market Update: March 2019

Indian Land Housing Market Update: February 2019

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

  

  

Great Homes In Charlotte 

 

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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
3,277,363
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Nina. Is the tight list to sales price ratio do to new construction or proper pricing on resales overall? Enjoy your day!

Aug 16, 2019 04:48 AM #1
Rainmaker
3,095,915
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Wayne Martin hi Wayne... it's both actually. New construction here does not negotiate asking price. As for resale, inventory is so tight, homes priced and marketed right don't need to negotiate... people will buy.

Aug 16, 2019 05:09 AM #2
Rainmaker
771,476
Norma J. Elkins
Elite Realty Group - Morristown, TN
Realtor - Elkins Home Selling Team

Days on the market is a very good low number.  Looks like your market is holding strong!

Aug 16, 2019 05:16 AM #3
Rainmaker
558,816
Maria Gilda Racelis
Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington - Manchester, CT
Home Ownership is w/in Reach. We Make it Happen!

Good Morning Nina, 

Your graphics showed all positive upward trend except for the DOM.. There must be a good explanation for it. :)

Aug 16, 2019 05:18 AM #4
Rainmaker
3,175,827
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Nina, You are so consistent in keeping your audience informed about the Indian Land housing market. They know they can count on you for all the stats!

Aug 16, 2019 05:26 AM #5
Rainmaker
4,448,488
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

As usual, you have the latest detailed information on the Indian Land housing market.  This is excellent information for both buyers and sellers.  A

Aug 16, 2019 05:40 AM #6
Rainmaker
3,095,915
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Norma J. Elkins good morning, Norma... in our area we are not seeing a slowdown as reported in other parts of the country... at least not yet!

Aug 16, 2019 05:47 AM #7
Rainmaker
3,095,915
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Maria Gilda Racelis good morning, Maria... considering how much of new sales is new construction in Indian Land, a 36 day average for DOM is actually quite low.

Aug 16, 2019 05:48 AM #8
Rainmaker
3,095,915
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... the Indian Land area is like a mile from my house... virtually my back yard... and I do a lot of sales there so I like to keep up with what's going on.

Aug 16, 2019 05:49 AM #9
Rainmaker
3,095,915
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Ron and Alexandra Seigel good morning, Alexandra... there's always so much more of a story to what's "behind" reported numbers. Really important for buyers and sellers to understand that.

Aug 16, 2019 05:50 AM #10
Rainmaker
2,549,609
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Here it is, the moment we have all been waiting for, well maybe it is only me that has been waiting for it, haha.  Actually, I am certain that I am not alone in being anxious to find out what is going on in Indian Land.

Aug 16, 2019 06:49 AM #11
Rainmaker
3,095,915
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Brian England good morning, again, Brian... I knew it was just a matter of time till I saw you here... because you know... this one's for you!

Aug 16, 2019 06:55 AM #12
Rainmaker
1,219,428
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander,

With new and resale homes, Indian Land seems to be doing just fine. It is that strong market where you are at in Charlotte. 

I have found in our Clarkdale and Cottonwood area, new construction is offering so many incentives that even with the higher prices of new homes, the buyers are more inclined to purchase new over a resale. 

Aug 16, 2019 07:18 AM #13
Rainmaker
3,095,915
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Sheri Sperry - MCNE® same here, Sheri. Builders don't negotiate on price, but will add incentives and for many buyers very hard to resist... especially when resale inventory is very tight.

Aug 16, 2019 07:20 AM #14
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, great market update for Indian Land, and always nice to see all the data up, except days on market.

Aug 16, 2019 01:08 PM #15
Rainmaker
2,538,991
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

That's valuable real estate market data for home buyers and sellers in Indian Land, Nina.

Aug 16, 2019 01:19 PM #16
Rainmaker
3,095,915
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Joan Cox hi Joan... I don't expect to see a decrease in DOM in Indian Land. So many of the sales are new construction and their DOM is always much longer to account for the building period.

Aug 16, 2019 03:24 PM #17
Rainmaker
3,095,915
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Myrl Jeffcoat hi Myrl... thanks. Indian Land is as hot an area as any in the Charlotte region.

Aug 16, 2019 03:24 PM #18
Ambassador
3,102,975
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

 Yet another great perspective on one of your markets showing off your professionalism. well done Nina Hollander 

Aug 23, 2019 07:08 AM #19
Rainmaker
3,095,915
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Paul S. Henderson, REALTOR®, CRS thanks, Paul! Always makes my day to get a lovely compliment from a fellow professional!

Aug 23, 2019 07:36 AM #20
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