Indian Land, SC Real Estate Report/Housing Market Snapshot: September 2019
Latest news on the Indian Land real estate market and what it means for you...
Indian Land, SC (29707 zip code) real estate report/snapshot for September 2019. The Indian Land housing market remains a seller's market with just 3.1 months supply of inventory overall, but with only a 2.1months supply of resale homes, which sold on average in 36 days. And with home sellers receiving 98.4% of asking price in sale price, there wasn't much room for buyers to negotiate in September.
The Indian Land housing market in September was all about new construction. New construction listings increased 350% year-over-year. New construction sales increased 129% year-over-year, while sales of resale homes decreased 7.5% year-over-year. New construction pending sales also increased 386% year-over-year in Indian Land. Indian Land inventory was up 84% for new construction homes, but down 17.3% for resale homes.
At an average sale price of $372,241 in Indian Land, new construction homes sold at approsimately an $81,000 premium over resle homes in September 2019.
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How The Indian Land Housing Market Performed In
September 2019 Versus September 2018
Find out by clicking on the picture below.
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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:
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