Indian Land, SC (29707 Zip Code) Housing Market Report: October 2023

By
Real Estate Agent with Coldwell Banker Realty 179530

Latest news on the Indian Land real estate market in October 2023...

What you need to know...

 

Key take-aways about the Indian Land, South Carolina (29707 zip code) housing market in the Charlotte region in October 2023 include:

  • Indian Land closed sales declined from September 2023 and compared with October 2022.

  • Average home price declined slightly from September and from October one year ago.

  • Median home price increased from the previous month of September, but declined year-over-year.

  • New listings declined to their lowest level since February 2023.  Compared with October 2022, new listings were down 17.33%

  • Days on market remained low at 21 days, despite increasing by three days from the previous month.

  • List to sale price ratio of 100.41% provided little room for home buyers to negotiate on Indian Land homes in October, despite lower sale prices and fewer sales.

  • Inventory was at its highest level since November 2022, despite fewer new listings. With 4.69 months of inventory, Indian Land turned a corner and became more of a balanced market between home buyers and home sellers.

  • The number of properties sold in October declined from September and from October 2022.

 Indian Land Housing Market Highlights: October 2023

Indian Land Housing Market Highlights October 2023

 

FOR THE COMPLETE INDIAN LAND, SC OCTOBER 2023 HOUSING MARKET RPORT, CLICK HERE

 

MEDIAN HOME PRICE TRENDS IN INDIAN LAND, SC

(12 Month Rolling Average)

 

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

 

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

Contact Nina Hollander if you're curious about the Charlotte real estate market

I can help.

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

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10 HOT INDIAN LAND NEIGHBORHOODS 

Hottest Selling Neighborhoods In Indian Land, SC

   

SEARCH INDIAN LAND, SC HOMES FOR SALE

 

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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 I can assist you in gaining access to buyers who area ready, willing, and able to buy now.

 

Contact me 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.

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

What's My Indian Land SC Home Worth? 

 FREE Home Seller Guide: "Things To Consider When Selling Your House"

 

This Charlotte, North Carolina monthly real estate update for Indian Land, South Carolina is provided  by Nina Hollander, Coldwell Banker Realty, Greater Charlotte area residential real estate expert and Indian Land specialist. I've been opening doors for Indian Land home buyers and sellers since 1999.

 

If you're considering selling or purchasing a home in Indian Land or anywhere in the Greater Charlotte area, I'd love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:

 "The Right Broker Makes All The Difference."

 

 

Read the original blog post at www.GreatHomesInCharlotte.com 

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

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 The Greater Charlotte Area
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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.

 

Comments (26)

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Nina, With the list-to-sale price ratio of 100.41%, it shows that even with reduced sale prices and a decline in transactions, there's a strong buyer interest in the region!

Nov 28, 2023 07:54 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 good morning, Sheila... you are so right... our sales might be down and prices a bit down also, but the list to sale price ratio in the in-demand areas of Greater Charlotte are close to or over 100%.

Nov 28, 2023 08:05 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Nina Hollander, Broker it appears to me that there may be stabilization at the end of the long tunnel. 

Nov 28, 2023 08:40 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Bob "RealMan" Timm hi Bob... maybe yes, maybe no. If rates continue to drop and sellers don't list the demand vs supply will be exacerbated... and we'll be back to where we started.

Nov 28, 2023 09:06 AM
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

Top of the morning Nina.  Want to stop by to say hello and wish you the best for the rest of the week.  m

Nov 28, 2023 10:12 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Nina Hollander, Broker  : You are always right there as the Indian Land local market expert Buyers and sellers should contact you when they are looking to make a move 

Nov 28, 2023 10:21 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Mark Don McInnes, Sandpoint-Idaho and a big hello to you, as well, Mark! Trust you had a lovely Thanksgiving weekend and that the new week is off to a fantastic start for you!

Nov 28, 2023 11:44 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hannah Williams hi Hannah... I remember Indian Land from 20 years ago where all you saw was farms and trailers. Now it's full of high end homes.

Nov 28, 2023 11:45 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Nina- I try to read various monthly market reports and yours are always easy to read and thorough. 

Nov 28, 2023 12:49 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Kathy Streib thanks, Kathy. That is always my goal... to explain what can be complicated numbers in an easy to understand way.

Nov 28, 2023 01:17 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for keeping us up to date on what is going on in Indian Land - it always sounds like a great place to live!  Thanks for updating us about what the market is like. 

Nov 28, 2023 04:06 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Indian Land home buyers and sellers are sure to value your real estate market report, Nina.

Nov 28, 2023 08:06 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

You are my inspiration on real estate sales and marketing. You tell and show it all Nina 🙂

Nov 28, 2023 09:09 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Nina Hollander, Broker  as the sales shrink and the listings shrink this is where seasoned agents do well, Endre

Nov 28, 2023 10:34 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lise Howe good morning, Lise... Indian Land has grown over the past 20 years to include many wonderful new communities with great amenities. And the taxes are low, which people love.

Nov 29, 2023 03:45 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Myrl Jeffcoat thank you, Myrl, for stopping by. Trust you've been having a good week since Thanksgiving.

Nov 29, 2023 03:46 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS good morning, Paul... as always, I so appreciate your popping by and your compliments! Happy Wednesday to you.

Nov 29, 2023 03:47 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Endre Barath, Jr. good morning, Endre... I've been doing this a very long time... and I remember sales shrinking, but listings shrinking to this extent, can't say that I have.

Nov 29, 2023 03:48 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Now I read through the Indian Land report and it lived up to the hype, certainly worth looking forward to, haha.

Nov 29, 2023 04:50 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Brian England hi Brian... it's made my day to know my Indian Land update lived up to your expectations! :)

Nov 29, 2023 05:05 AM