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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 2022... What you need to know...What it means for you...   Indian Land, South Carolina (29707 zip code) average and median home prices reached record highs in May 2022, topping the record highs in April 2022. Home sellers enjoyed higher list to sale ratios, as well, both year-over-year and month-over-month. While higher interest rates have certainly caused many home buyers to take a pause and while we've seen a small increase in inventory, they have not impacted what home buyers are willing to pay for a home. The Indian Land housing market remained a seller's market in May 2022 with just 0.9 months supply of inventory overall, down 10.0% from 1.0 months in May 2021 and down from 2.4 months in May 2020.  Indian Land Housing Market ...
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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 2022... What you need to know...What it means for you...   Indian Land, South Carolina (29707 zip code) average and median home prices reached record highs in April 2022. Home sellers enjoyed higher list to sale ratios, as well.  The Indian Land housing market remained a seller's market in April with just 0.7 months supply of inventory overall, down 22.2% from 0.9 months in April 2021 and down from 2.8 months in April 2020.  Indian Land Housing Market HighlightsApril 2022 Versus April 2021 Housing inventory was down 37.7% in April, year-over-year. New listings slightly increased 6.5% year-over-year thanks to a 23.5% increase in new construction inventory. Resale inventory dropped 56.3% year-over-year. Lack of inventory continued...
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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 2022 and what it means for you...   Lack of housing inventory remained an issue in Indian Land, South Carolina (29707 zip code), keeping its housing market a seller's market in March with just 0.6 months supply of inventory overall, down 25% from 0.8 months in March 2021 and down from 2.7 months in March 2020. Lack of inventory resulted in a drop in days on market and increase in home prices.  Indian Land Housing Market HighlightsMarch 2022 Versus March 2021 Housing inventory was down 43.8% in March, year-over-year. New listings decreased 7.7% year-over-year.  New construction inventory, long a staple of Indian Land housing, was down 54.5% year-over-year. Both average and median sale prices increased in March 2022 to $503,877 an...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Walnut Creek Neighborhood in Indian Land/Lancaster, SCReal Estate Report & Community Spotlight Quarter 1 - 2022 Walnut Creek Single Family Home Sales Review: Q1 - 202232 single family homes sold in Walnut Creek in Quarter 1 - 2022 compared with 45 homes in the same quarter in 2021. 11 of the 32 homes were new construction homes. New listings in Walnut Creek decreased by five year-over-year to 40 listings.  Homes sold 27 days more quickly in Quarter 1 - 2022 than in 2021, dropping 11.11%. Homes sold in 24 days, on average, compared with 51 days in the first quarter one year ago. Average sale price was $451,074 up 19.03% year-over-year. This is about $21,000 higher than in the most recent fourth quarter 2021.  The median sale price was $452,000, up 18.41% year-over-year. The median sale ...
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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: Quarter 1 - 2022 The Retreat at Rayfield saw the number of sales decrease by five homes to just three homes in Quarter 1 - 2022 versus the same quarter in 2021.  Average days on market dropped from 9 days to 1 day year-over-year, an 88.89% decrease.  New listings dropped by four homes to nine, year-over-year. Both average and median home prices increased year-over-year. The average sale price in Quarter 1 - 2022, increased 22.44% to $598,333. The median sale price in Quarter 1 - 2022, increased 25.81% to $585,000. Home sale prices ranged from $585,000-$625,000 in the first quarter 2022. Sellers received 104.5% of asking price in final sale price, on average. At first quarter-end 2022, on...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Lancaster, SC Housing Market Report:  Quarter 1 -2022 Latest news on Lancaster County's real estate market and what it means for you... First Quarter 2022 Lancaster County, South Carolina, just south of Charlotte's upscale Ballantyne area, remained a seller's market with just 0.5 months of inventory. Lancaster County includes the towns of Indian Land,  Lancaster,  Fort Mill,  Kershaw, and Heath Springs.    First Quarter 2022 saw increases in both average and median home sale prices in Lancaster County. Closed sales were down (not surprising given the lack of inventory). The months supply of homes and the inventory of homes  were down significantly. No doubt that Lancaster County's winter housing market remained hot as the temperatures cooled. Lancaster County Housing Market HighlightsQ...
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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 2022 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 0.6 months supply of inventory overall, down 33.3% from 0.9 months in February 2021 and down from 2.3 months in February 2020. Lack of inventory increased average home sale prices 20.2% year-over-year, while homes sold quickly in 11 days on average.  Indian Land Housing Market HighlightsFebruary 2022 Versus February 2021 Housing inventory was down 51% in February year-over-year. New listings decreased 20.6% year-over-year.  New construction inventory, however, long a staple of Indian Land housing, was down 66.7% year-over-year. Both average and median sale prices increased in Feb...
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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 2022 and what it means for you...   Indian Land Housing Market HighlightsJanuary 2022 Versus January 2021 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 11.1% from 0.9 months in January 2021 and down from 2.3 months in January 2020. Housing inventory was down 35.5% in January year-over-year. New listings increased substantially by 55.7% year-over-year, most of the new listings coming from new construction. New construction inventory, however, long a staple of Indian Land housing, was down 40% year-over-year despite the January increase. Both average and median sale prices increased in January 2022 to $480,243 and $451,...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  10 Hot Selling Indian Land/Lancaster, SC Neighborhoods In The Greater Charlotte Area In 2021 To Watch In 2022 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 10 hottest selling neighborhoods in Indian Land in 2021, each of which had 40 or more homes sales. In each of these neighborhoods, homes sold for more money and more quickly throughout 2021 than in 2020. 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 fifth consecutive year in a row; while Treetops made the list for a fourth consecutive 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: Quarter 4 - 2021 The Retreat at Rayfield saw the number of sales increase by four homes to 12 homes in the 4th Quarter 2021 versus the same quarter in 2020.  Average days on market dropped substantially from 37 days to 21 days year-over-year, a 43.24% decrease. Median days on market were eight days in Quarter 4 - 2021. New listings dropped by one home to five year-over-year. Both average and median home prices increased year-over-year. The average sale price in Quarter 4 - 2021, increased 32.28% to $614,098. The median sale price in Quarter 4 - 2021, increased 27.63% to $607,889. Home sale prices ranged from $491,000-$700,000 in the fourth quarter 2021. Sellers received 101.7% of asking ...
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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 - 2021 Walnut Creek Single Family Home Sales Review: Q4 - 202144 single family homes sold in Walnut Creek in the Fourth Quarter 2021 compared with 62 homes in the same quarter in 2020.  New listings in Walnut Creek increased by two year-over-year to 39 listings.  Homes sold 17 days more quickly in the 4th Quarter 2021 than in 2020, dropping 41.46%. Homes sold in 24 days, on average, compared with 41 days in the fourth quarter one year ago. Average sale price was $429,747 up 22.37% year-over-year. This is about $10,000 higher than in the most recent third quarter.  The median sale price was $432,959, up 21.39% year-over-year. The median sale price was just under $15,000 higher than in the 3rd quarter ...
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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 December 2021 and what it means for you...   Indian Land Housing Market HighlightsDecember 2021 Versus December 2020 The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in December with just 0.7 months supply of inventory overall, down 30% from 1.0 months in December 2020 and down from 2.6 months in December 2019. Housing inventory was down 44.9% in December year-over-year, while new listings decreased 21.4% year-over-year. New construction inventory, long a staple of Indian Land housing, was down 66.7% year-over-year. Both average and median sale prices increased in December 2021 to $476,270 $450,580 and $50,587 $445,000, respectively. Average home sale prices increased 30.6% year-over-year. Ave...
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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 2021 and what it means for you...   The Indian Land, South Carolina (29707 zip code) housing market remained a home seller's market in November with just 0.8 months supply of inventory overall, down 33.3% from 1.2 months in November 2020 and down from 2.9 months in November 2019. Housing inventory was down 48.6% in November year-over-year, while new listings decreased 7.9% year-over-year. New construction inventory, long a staple of Indian Land housing, was down 66.7% year-over-year.  Both average and median sale prices increased in November 2021 to $450,580 and $445,000, respectively. Average home sale prices increased 23.4% year-over-year. Median sale prices increased 29% year-over-year.   Lack of inventory continues to dri...
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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 October 2021 and what it means for you...   The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in October with just 0.8 months supply of inventory overall, down 46.7% from 1.5 months in October 2020 and down from 3.0 months in October 2019. The months supply of inventory was also down 0.1 month from September 2021. Housing inventory was down 57.1% in October year-over-year, while new listings decreased 33.3% year-over-year. New construction inventory, long a staple of Indian Land housing, was down 79.7% year-over-year.  Both average and median sale prices increased in October 2021 to $457,931 and $449,000, respectively. Average home sale prices increased 22.5% year-over-year. Median sale prices ...
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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: Quarter 3 - 2021 The Retreat at Rayfield saw the number of sales decrease in the 3rd Quarter 2021 versus the same quarter in 2020, dropping from 20 homes sold in Q3-2020 to nine homes sold in Q3-2021. Average days on market also dropped substantially from 76 days to nine days, year-over-year. Median days on market were just three days in Quarter 3 - 2021. Part of the reason for fewer sales and fewer days on market stems from the fact that the community is now sold out and there is no more new construction. Both average and median home prices increased year-over-year. The average sale price in Quarter 3 - 2021, increased 15.02% to $549,000. The median sale price in Quarter 3 - 2021, incre...
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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 - 2021 Walnut Creek Single Family Home Sales Review: Q 3 - 202151 single family homes sold in Walnut Creek in the Third Quarter 2021 compared with 63 homes in the same quarter in 2020.  New listings in Walnut Creek decreased to 33 with 24 fewer homes listed compared with one year ago. This is partially due to new construction activity winding down in Walnut Creek.  Homes sold 61 days more quickly in the 3rd Quarter 2021 than in 2020. The lower days on market of 23 days versus last year's 84 days is also reflective of  less new construction activity. Average sale price was $419,786, up 18.55% year-over-year. This is about $16,000 higher than in the most recent quarter.  The median sale price was $4180...
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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 2021 and what it means for you...  The Indian Land, South Carolina (29707 zip code) housing market remained a home seller's market in September with just 0.9 months supply of inventory overall, down 35.7% from 1.4 months in September 2020 and down from 3.3 months in September 2019.  Housing inventory was down 46.7% in September year-over-year, while new listings decreased 38.5% year-over-year. New construction inventory, long a staple of Indian Land housing, was down 69% year-over-year.  Both average and median sale prices increased in September 2021 to $454,410 and $415,000, respectively. Average home sale prices increased 24.7% year-over-year. Median sale prices increased 16.2% year-over-year.  Average home sale prices hav...
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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 August 2021 and what it means for you...   The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in August with just 0.9 months supply of inventory overall, down 40.0% from 1.5 months in August 2020 and down from 3.6 months in August 2019.  Housing inventory was down 47.8% in August year-over-year, while new listings decreased 27.1% year-over-year. New construction inventory, long a staple of Indian Land housing, was down 67.5% year-over-year.  Both average and median sale prices increased in August 2021 to $508,905 and $477,500, respectively. Average home sale prices increased 45.4% year-over-year. Median sale prices increased 43.8% year-over-year.  Average home sale prices increased approximately...
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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 July 2021 and what it means for you...  The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in July with just barely more than a half months supply of homes at 0.6 months supply of inventory overall, down 53.8% from 1.3 months in July 2020 and down from 2.3 months in July 2019.  Housing inventory was down 46.6% in July year-over-year, despite  a 25.3% increase in new listings year-over-year. New construction inventory, long a staple of Indian Land housing, was down 72.5% year-over-year. Resale home inventory dropped 46.6% year-over-year. Both average and median sale prices increased in July 2021 to $424,203 and $382,500, respectively. Average home sale prices increased 15.2% year-over-year, whil...
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By The Vining Group at eXp Realty, Relationships First. Real Estate Second.
(The Vining Group)
We are thrilled to present this dreamy, designer-rich two-story home built by Lennar Homes. 331 Millsaps Way is perfectly situated in The Retreat at Rayfield just off HWY 521. More than 3,300 sqft, filled with beautiful light and residing on a private, wooded lot with an entertaining deck that leads to a fire pit retreat. Her open floor plan and creamy white gourmet-like kitchen is the perfect space for entertaining your closest friends and family. Complete with a main level bedroom and full bath, spacious dining and breakfast area as well as a gorgeous oversized owners retreat and bath on the upper level and guest quarters with ensuite bathroom. Conveniently located to amazing shopping, dining and entertaining!
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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 June 2021 and what it means for you...   The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in June with just 0.8 months supply of inventory overall, down 61.9% from 2.1 months in June 2020 and down from 3.4 months in June 2019.  Housing inventory was down 60.8% in June year-over-year, coupled with a 36.5% decrease in new listings year-over-year. New construction inventory, long a staple of Indian Land housing, was down 80.3% year-over-year. Resale home inventory dropped 66.7% year-over-year. Both average and median sale prices increased in June 2021 to $437,021 and $420,587, respectively. Average home sale prices increased 18.4% year-over-year and median sale prices increased 14.3% year-over-y...
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