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Lancaster County, SC Real Estate News

By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Indian Land real estate market in May 2021 and what it means for you...   The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in May with just 0.7 months supply of inventory overall, down 69.6% from 2.3 months in May 2020 and down from 3.5 months in May 2019.  Housing inventory was down 67.5% in May year-over-year, coupled with a 14.4% decrease in new listings year-over-year. New construction inventory, long a staple of Indian Land housing, was down 63.8% year-over-year. Resale home inventory dropped 56.6% year-over-year. Both average and median sale prices increased in May to $398,744 and $380,000, respectively. Average home sale prices increased 14.4% year-over-year.  Median sale prices increased 8.7% year-over-year.  Average ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Indian Land real estate market in April 2021 and what it means for you...   It's all about inventory in Indian Land, South Carolina. Or more accurately, it's all about the lack of inventory in Indian Land. The Indian Land  (29707 zip code) housing market remained a seller's market in April with just 0.7 months supply of inventory overall, down 74.1% from 2 months in April 2020.  Housing inventory was down 72.4% in April year-over-year, coupled with a 30.6% decrease in new listings year-over-year. New construction inventory, long a staple of Indian Land housing, was down 91.1% year-over-year. Resale home inventory dropped 76.4% year-over-year. Both average and median sale prices increased in April to $387,190 and $380,000, respectively. Average home sale prices increa...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Land real estate market in March 2021 and what it means for you...   The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in March with just 0.6 months supply of inventory overall, down 76.9% from 2.6 months in March 2020. The months supply of resale home inventory was even lower at 0.4 months down from 2.2 months one year ago. Housing inventory was down 73.7% in March year-over-year, coupled with a 19.7% decrease in new listings year-over-year. New construction inventory, long a staple of Indian Land housing, was also down 82.7% year-over-year. The months supply of new construction inventory homes were just 0.3 months down from 2.2 months one year ago. Resale home inventory dropped 81.1% year-over-year. Both average and me...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Walnut Creek Neighborhood in Indian Land/Lancaster, SCReal Estate Snapshot:  Quarter 1 - 2021  Walnut Creek Single Family Home Sales Review: Q 1 - 2021 45  single family homes sold in Walnut Creek in the 1st quarter 2021 -- four more than in the same quarter one year ago.  New listings in Walnut Creek decreased to 42 with 23 fewer homes listed compared with one year ago.   Homes sold 53 days more quickly in the 1st quarter 2021 than in 2020. Average sale price was $371,951, up 15.67%. The average sale price was also some $20,000 higher than in the 4th quarter 2020. The median sale price was $370,000, up 14.98% year-over-year. The median sale price was almost $20,000 higher than in the 4th quarter 2020.  On average, home sellers received 100.8% of list price as a final sale price, whil...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  The Retreat At Rayfield Neighborhood In Indian Land, SCReal Estate Report & Neighborhood Spotlight: 1st Quarter 2021 The Retreat at Rayfield saw the number of sales increase by two in the 1st Quarter 2021 versus the same quarter in 2020. The Retreat at Rayfield had two fewer listings for sale in the 1st Quarter 2021 compared with the same quarter one year ago. Both average and median home prices increased compared with the first quarter 2020, as did listing prices.  Average sale price in the 1st quarter 2021 was $488,688; median sale price was $440,000. Sold homes ranged in price from $376,500 to $636,000.  Sellers received 100.7% of asking price in final sale price, on average and homes sold in 15 days, on average. At first quarter-end 2021, no homes were listed for sale in The Retre...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Indian Land real estate market in February 2021 and what it means for you...   The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in February with just 0.7 months supply of inventory overall, down 69.6% from 2.3 months in February 2020. The months supply of resale home inventory was even lower at 0.4 months. Housing inventory was down 64.1% in February year-over-year, coupled with a 22% decrease in new listings year-over-year. New construction inventory, long a staple of Indian Land housing, was also down 71.3% year-over-year. The months supply of new construction inventory homes were just 0.5 months. Resale home inventory dropped 72.2% year-over-year. Both average and median sale prices increased in February to $360,693 and $3...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  9 Hot Selling Indian Land/Lancaster, SC Neighborhoods In The Greater Charlotte Area To Watch In 2021 The Indian Land/Lancaster, South Carolina area of Charlotte continues to be hot, hot, hot in terms of buyer demand for homes. Here are the 9 hottest selling neighborhoods in Indian Land in 2020, each of which had 50 or more homes sales. Five of these nine neighborhoods have been on the "hottest neighborhoods to watch" list since 2016 -- Bridgemill, The Retreat at Rayfield, Walnut Creek, Legacy Park, Sun City at Carolina Lakes. Queensbridge has made the hot neighborhood list for the fourth consecutive year in a row; while Treetops made the list for a third consecutive year. Avondale and Ansley Park are on the "watch" list for a second year. New construction ruled in Indian Land in 2020 ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Latest news on the Indian Land real estate market in January 2021 and what it means for you...   The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in January with just 0.8 months supply of inventory overall, down 65.2% from 2.3 months in January 2020. The months supply of resale homes in Indian Land was just 0.5 months. Inventory is at critically low levels. Housing inventory was down 60.3% in January year-over-year, coupled with a 38.9% decrease in new listings  year-over-year. New construction inventory, long a staple of Indian Land housing, was also down 67.5% year-over-year. The months supply of new construction inventory homes were just 0.6 months. Resale home inventory dropped 32.4% year-over-year. Both average and median sale prices incr...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Lancaster County, SC Housing Market Report: 4th Quarter 2020  Latest news on Lancaster County's real estate market and what it means for you... Fourth Quarter 2020 Lancaster County, South Carolina home sales kept this county, just south of Charlotte's hot, upscale Ballantyne area, a seller's market with just 0.7 months of inventory. Lancaster County includes the towns of Indian Land,  Lancaster,  Fort Mill,  Kershaw, and Heath Springs.    Fourth Quarter 2020 saw increases in both average and median home sale prices in Lancaster County. Closed sales were also up. The months supply of homes, the inventory of homes and days on market were down significantly. No doubt that Lancaster County's 2020 fall housing market remained hot as the temperatures cooled.  Want to know what this would mea...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Walnut Creek Neighborhood in Indian Land/Lancaster, SCReal Estate Snapshot:  Quarter 4 - 2020    Walnut Creek Single Family Home Sales Review: Q 4 -2020 42 more single family homes sold in Walnut Creek in the 4th quarter 2020 than in the same quarter one year ago.  New listings in Walnut Creek decreased with three fewer homes listed compared with one year ago and homes sold 13 days more quickly in 2020 than in 2019. Average sale price was $351,126 and the median sale price was $355,250. On average, home sellers received 100.2% of list price as a final sale price, while median sale to list price was 100%.  At quarter end, no single family homes were under contract in Walnut Creek, while seven new construction homes were listed for sale.  Walnut Creek Townhome Sales Review: Q 4 - 2020  ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  The Retreat At Rayfield Neighborhood In Indian Land, SCReal Estate Report & Neighborhood Spotlight: 4th Quarter 2020 The Retreat at Rayfield saw the number of sales decrease by two in the 4th quarter 2020. The fourth quarter had one listing more in the 4th quarter 2020 compared with the same quarter one year ago. Both average and median home prices decreased compared with the first quarter 2019, as did listing prices. The decrease in home prices is not due to a dimunition of homevalues in The Retreat At Rayfield. Rather, it's more reflective of the price mix of homes that sold in the fourth quarter 2020.  Average sale price in the 4th quarter 2020 was $461,544; median sale price was $440,000. Sold homes ranged in price from $410,000 to $615,000.  Sellers received 98.5% of asking price...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Latest news on the Indian Land real estate market in November 2020 and what it means for you...   The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in November with just 1.1 months supply of inventory overall, down 62.1% from 2.9 months in November 2019. The months supply of resale homes in Indian Land was 0.7 months down from 2 months one year ago.  Housing inventory was down 55.1% in November year-over-year.  New listings dropped 15.3% year-over-year. New construction inventory, long a staple of Indian Land housing, was also down year-over-year. Both average and median sale prices increased in November to $361,692 and $340,170, respectively. Average sale prices increased 3.9% year-over-year and median sale prices increased 0.9% year-over-year...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  The Retreat At Rayfield Neighborhood In Indian Land, SCReal Estate Report & Neighborhood Spotlight: 3rd Quarter 2020 The Retreat at Rayfield saw the number of sales increase by 15 in the 3rd quarter 2020. The first quarter had five fewer listings in the third quarter 2020 compared with the same quarter one year ago. Both average and median home prices increased compared with the first quarter 2019, as did listing prices.  Average sale price in the third quarter 2020 was $476,240; median sale price was $454,950. Sellers received 98.7% of asking price in final sale price on average. At third quarter-end 2020, no homes were listed for sale in The Retreat at Rayfield and two homes were in contract.     Detailed report on The Retreat At Rayfield neighborhood home sales   To track sales in ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Walnut Creek Neighborhood in Indian Land/Lancaster, SCReal Estate Snapshot:  Quarter 3 - 2020   WALNUT CREEK HOME SALES SNAPSHOT    Walnut Creek Single Family Home Sales Review: Q3-2020 11 more single family homes sold in Walnut Creek in the 3rd quarter 2020 than in the same quarter one year ago.  New listings in Walnut Creek increased with nine more homes listed compared with one year ago. Average sale price was $351,944 and the median sale price was $348,933. On average, home sellers received 99.4% of list price as a final sale price, while median sale to list price was 100%.   Walnut Creek Townhome Sales Review: Q3-2020  Seven more townhomes sold in Quarter 3-2020 than in the same quarter in 2019. There were also three more listings in this quarter in 2020 than one year ago.  Avera...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Lancaster County, SC Housing Market Report: 3rd Quarter 2020  Latest news on Lancaster County's real estate market and what it means for you... Third Quarter 2020 Lancaster County, South Carolina home sales kept this county, just south of Charlotte's hot, upscale Ballantyne area, a seller's market with just 1.1 months of inventory. Lancaster County includes the towns of Indian Land,  Lancaster,  Fort Mill,  Kershaw, and Heath Springs.    Third Quarter 2020 saw increases in both average and median home sale prices in Lancaster County. Closed sales were also up as was the months supply of homes and overall inventory of homes. No doubt that Lancaster County's 2020 summer housing market was hot, hot, hot!  Want to know what this would mean for your family if you decide to buy or sell a hom...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Latest news on the Indian Land real estate market in September 2020 and what it means for you...   The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in September with just 1.3 months supply of inventory overall, down 60.6% from 3.3 months in September 2019. Housing inventory was down 52% in September year-over-year despite an 18.3% increase in new listings. New construction inventory, long a staple of Indian Land housing, was down 61.7% year-over-year.  Both average and median sale prices increased in September to $365,077 and $357,000, respectively. Average sale prices increased 12.6% year-over-year and median sale prices increased 8.8% year-over-year.  New construction prices were about $42,000 higher, on average, than resale home prices, inc...
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By The Vining Group at eXp Realty, Relationships First. Real Estate Second.
(The Vining Group)
Welcome to Reid Pointe in the ever popular Indian Land, SC! Enjoy the open floor plan, white kitchen with center island, tile backsplash, granite counters with plenty of storage. Spacious 2nd floor bedrooms, all with walk in closets. Take a step out onto the patio to enjoy the fenced backyard backing up to trees. Fantastic location for commuters to Ballantyne, Uptown CLT and CLT-Douglas International.
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Indian Land, SC Real Estate Report & Housing Market Snapshot: May 2020 Latest news on how corona virus affected the Indian Land real estate market in May and what it means for you...  Indian Land housing market remained a seller's market with just 2.2 months supply of inventory overall, down 40.5% from 3.7 months in May 2019. Housing inventory was down 31.7% in May, overall, with resale inventory down 27.3% and new construction inventory down 48.4%. New construction saw a decrease of 73% in the months supply of inventory down to 1.7 months compared with 6.3 months in May 2019. Both average and median sale prices increased year-over-year in May to $353,767 and $347,533, respectively. Average sale prices increased 2.7% year-over-year and median sale prices increased 10.3% year-over-year....
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Indian Land, SC Real Estate Report & Housing Market Snapshot: April 2020 Latest news on how corona virus affected the Indian Land real estate market in April and what it means for you...  Corona virus restrictions significantly impacted home showings (down 40% compared with April 2019). As a result closed sales, inventory of homes, days on market, months supply of homes were all down and home prices were up. The bright spot was an increase in pending sales despite pandemic restrictions. Indian Land, SC (29707 zip code) real estate report for April 2020. The Indian Land housing market remains a seller's market with just 2.5 months supply of inventory overall, down 28.6% from 3.5 months in April 2019. Housing inventory was down 15.9% in April, overall, with resale inventory down 19.7%. T...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  The Retreat At Rayfield Neighborhood In Indian Land, SCReal Estate Report & Neighborhood Spotlight: 1st Quarter 2020 The Retreat at Rayfield saw the number of sales decrease by nine in the 1st quarter 2020. Both Lennar and Taylor Morrison, who were building in the community are now closed out, most likely contributing to the lower number of sales. The first quarter had eight more listings in the first quarter 2020 compared with the same quarter one year ago. Both average and median home prices increased compared with the first quarter 2019, as did listing prices.  Average sale price in the first quarter 2020 was $444.150; median sale price was $431,000. Sellers received 98% of asking price in final sale price on average. At first quarter end, nine homes were listed for sale in The Ret...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 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 d...
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