Indian Land (29707 Zip Code) Monthly Real Estate Report: January 2020

By
Real Estate Agent with Coldwell Banker Realty

 

Indian Land, SC Real Estate Report & Housing Market Snapshot: January 2020

 

Latest news on the Indian Land real estate market and what it means for you...

 

The Indian Land housing market remains a seller's market with just 2.1 months supply of inventory overall, down a full month from 3.1 months in January 2019. Housing inventory was down 19.4% in January, overall, with resale inventory at only 1.5 months of supply. New construction inventory stood 2.3 months, down from  3.1 months of supply in the prior month of December. Whether you're looking a resale or new construction inventory, it's razor-thin.

 

Both average and median sale prices increased in January to $326,689 and $335,000, respectively. Average sale prices increased 0.9% year-over-year and median sale prices increased 4.9% year-over-year.

 

Both closed sales and pending sales increased significantly in January... closed sales by 10.9% and pending sales by 50.7% versus January 2019.

 

Average days on market increased to 67 days (up 16 days year-over-year), but decreased 13 days from December 2019.  Median days on market were 42 days (increased 16 days year-over-year), but down 6 days from December 2019. New construction throughout Indian Land keeps the cumulative days on market somewhat higher.

 

At an average sale price of $384,975 new construction homes sold at a $76,000+ premium over resale homes in January 2020. With home sellers receiving 97.1% of asking price in sale price, there was a small negotiating opportunity for home buyers. 

 

  

Want to know what this would mean for your family if you decide to buy or sell an Indian Land area home?

We can help.

Call us today at 704-779-0813 or contact us here.

There’s absolutely NO OBLIGATION. A consultation with Carolinas Realty Partners is FREE

 

 

 MORE INFORMATION ON THE INDIAN LAND, SC HOUSING MARKET'S PERFORMANCE IN JANUARY 2020

 

 

 Indian Land Housing Market Highlights

January 2020 Versus January 2019

 

Indian Land SC Housing Market Snapshot January 2020

 

 

 14 HOT INDIAN LAND NEIGHBORHOODS 

 

 

 

 

 

SEARCH ALL INDIAN LAND, SC HOMES FOR SALE

 

Search for Indian Land Homes For Sale

 

 

 

  

  FREE Home Buyer Guide "Things To Consider When Buying A Home," 

 

 

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

 

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.

 

 FREE 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." 

 

  

Great Homes In Charlotte

 

 

Previous Indian Land, SC Housing Market Updates:

 

Indian Land Housing Market Update: December 2019

Indian Land Housing Market Update: November 2019

Indian Land Housing Market Update: October 2019

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-january-2020/

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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 Realty
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 

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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Oh by the way, I'm never too busy for any of your referrals!

 

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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
3,547,314
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Nina. Thinventory and knowledge = success with Nina Hollander. How do you like that equation? Enjoy your day!

Feb 26, 2020 04:59 AM #1
Rainmaker
5,320,697
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Nina Hollander buyers and sellers who are interested in Indian Land should appreciate your efforts in providing this data for them to absorb....if they have any questions or interest, they should be calling you for those answers....

Feb 26, 2020 05:00 AM #2
Rainmaker
3,435,270
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Wayne Martin good morning, Wayne... I, for one, do like that equation! Wishing you a good day as well.

Feb 26, 2020 05:09 AM #3
Rainmaker
3,435,270
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Barbara Todaro hi Barbara... I love selling in Indian Land... so many interesting choices of communities... so I do work hard at making sure I have answers that buyers and sellers might have.

Feb 26, 2020 05:10 AM #4
Rainmaker
3,326,454
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

With closed and pending sales increasing in Indian Land in Zip Code 29707, sellers need to call you Nina so they too can get listed and SOLD!

Feb 26, 2020 05:18 AM #5
Rainmaker
3,435,270
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 good morning, Sheila and Larry... what I wouldn't give to have a few more people decide to sell their homes in Indian Land. Part of the issue with lack of inventory here stems from the fact that a lot of the communities are quite new and sellers have not lived in their homes long enough to consider selling as yet.

Feb 26, 2020 05:20 AM #6
Rainmaker
2,129,734
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Nina Hollander - new construction inventory larger than resale is something you don't see in the Northeast.

Feb 26, 2020 05:36 AM #7
Rainmaker
3,435,270
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Grant Schneider hi Grant... this is very particular to Charlotte... we are the kingdom of new construction!

Feb 26, 2020 07:05 AM #8
Rainmaker
4,807,221
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

Great report from you on the Indian Land area and its diverse communities, where you enjoy selling.  A

Feb 26, 2020 08:01 AM #9
Rainmaker
3,435,270
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Ron and Alexandra Seigel thanks, Alexandra. Last two months feel as if I couldn't get away from market reports and still have a couple to get out before end of month.

Feb 26, 2020 08:50 AM #10
Rainmaker
1,363,872
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander - Indian Land SC remains a big challenge for buyers.  However, they do have you to help them minimize the risks and optimize the property they can buy. 

Feb 26, 2020 09:30 AM #11
Rainmaker
2,868,283
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Now that I have my Indian Land update I can certainly enjoy the rest of my day!

Feb 26, 2020 09:33 AM #12
Rainmaker
3,435,270
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Sheri Sperry - MCNE® hi Sheri... Indian Land does remain a challenge for buyers who have a more limited budget... and it's been that way for the past four years with no end in sight.

Feb 26, 2020 10:51 AM #13
Rainmaker
3,435,270
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Brian England hi Brian... delighted to hear that and I hope the rest of your day goes swimmingly!

Feb 26, 2020 10:51 AM #14
Rainmaker
2,717,543
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Indian Land home buyers and sellers are likely to find your monthly real estate report very valuable, Nina.

Feb 27, 2020 02:30 AM #15
Rainmaker
3,435,270
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Myrl Jeffcoat good morning, Myrl... great to see you again... wishing you a terrific Thursday.

Feb 27, 2020 03:46 AM #16
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