Indian Land, SC Real Estate Report/Housing Market Snapshot: October 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 October 2019. The Indian Land housing market remains a seller's market with just 2.8 months supply of inventory overall. And with home sellers receiving 98% of asking price in sale price, there wasn't much room for buyers to negotiate in October.
Average days on market dropped by 9 days to 43 year-over-year, while median days on market dropped by 10 days to just 17.
Just as it was in September, the Indian Land housing market in October was all about new construction. New construction listings increased 73.3%. New construction sales increased 12.8% year-over-year, while sales of resale homes decreased 1% year-over-year. New construction pending sales also increased 44.9% year-over-year in Indian Land and dropped by 0.5% for resale homes due to lack of inventory. Indian Land inventory was up 91.7% for new construction homes, but down 16.3% for resale homes.
At an average sale price of $388,853 new construction homes sold at approsimately an $81,000 premium over resale homes in October 2019.
Want to know what this would mean for your family if you decide to buy or sell an Indian Land area home?
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MORE INFORMATION ON THE INDIAN LAND, SC HOUSING MARKET'S PERFORMANCE IN OCTOER 2019
How The Indian Land Housing Market Performed In
October 2019 Versus October 2018
13 HOT INDIAN LAND NEIGHBORHOODS TO WATCH
SEARCH ALL INDIAN LAND, SC HOMES FOR SALE
FREE Fall 2019 Home Buyer Guide "Things To Consider When Buying A Home,"
WONDERING WHAT YOUR INDIAN LAND, SC AREA HOME IS WORTH?
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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.
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FREE copy of our Fall 2019 Home Seller Guide: "Things To Consider When Selling Your House"
THINKING OF SELLING YOUR HOME? CHECK OUT THE COLDWELL BANKER MARKETING ADVANTAGE
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: September 2019
Indian Land Housing Market Update: August 2019
Indian Land Housing Market Update: July 2019
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
First published at: https://greathomesincharlotte.com/housing-market-reports-updates/indian-land-real-estate-report-october-2019/
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