Indian Land, SC Real Estate Report & Housing Market Snapshot: March 2020
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 March 2020. The Indian Land housing market remains a seller's market with just 2.4 months supply of inventory overall, down 25% from 3.2 months in March 2019. Housing inventory was down 13.7% in March, overall, with resale inventory down 11.6%. New construction inventory decreased 28.7% year-over-year.
Both average and median sale prices increased in March to $337,013 and $325,028, respectively. Average sale prices increased 15.2% year-over-year and median sale prices increased 6.3% year-over-year.
Closed sales increased in March, up 12.5% year-over-year. Pending sales dropped 13.6% versus March 2019.
Average days on market dropped to 49 days (down14 days year-over-year) and were down 6 days month-over-month. Median days on market were 20 days (down 23 days year-over-year) and down 22 days month-over-month.
With home sellers receiving 98.7% of asking price in sale price (up 1.8% year-over-year), the negotiating opportunity for home buyers in Indian Land was negligible in March 2020.
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 MARCH 2020
Indian Land Housing Market Highlights
March 2020 Versus March 2019
14 HOT INDIAN LAND NEIGHBORHOODS
SEARCH ALL INDIAN LAND, SC 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.
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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 Realty, 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: February 2020
Indian Land Housing Market Update: January 2020
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
Original blog post can be read at: www.GreatHomesInCharlotte.com
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