Indian Land, SC (29707 zip code) real estate report for December 2019. The Indian Land housing market remained a seller’s market with just 2.4 months supply of inventory overall and fewer homes listed for sale in the month of December 2019. Just as it’s been for months now, the Indian Land housing market in December was all about new construction with new construction inventory up 52.5% and new construction listings up 36.9%.

Indian Land Real Estate Report: December 2019

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 December 2019. The Indian Land housing market remains a seller’s market with just 2.4 months supply of inventory overall. Housing inventory was down 7.6% in December, overall, with resale inventory at only 1.6 months of supply. New construction inventory stood at 3.1 months of supply in December.

Both average and median sale prices increased in December to $345,339 and $348,535, respectively. Average sale prices increased 3.5% year-over-year and median sale prices increased 21.3% year-over-year.

Both closed sales and pending sales increased significantly in December… closed sales by 48.5% and pending sales by 33.3% versus December 2018.

Average days on market increased to 80 days (up 49 days year-over-year), while median days on market were 48 days (up 33 days year-over-year). The big increase in new construction inventory/listings no doubt increased the days on market, as new construction takes time to complete.

Just as it was in October, September and November, the Indian Land housing market in December was all about new construction. New construction listings increased 36.9% year-over-year in Indian Land, while dropping 28.2% for resale homes.  Indian Land inventory was up 52.5% for new construction homes, but down 27.6% for resale homes compared with the same month one year ago.

At an average sale price of $388,972, new construction homes sold at a $65,000+ premium over resale homes in December 2019. With home sellers receiving 97.1% of asking price in sale price, there wasn’t much room for buyers to negotiate in December.

 

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

 

                                        

Indian Land Housing Market Highlights: December 2019 Versus December 2018

Indian Land SC Real Estate Report December 2019

Median Home Price Trends In Indian Land

 

Find Your Indian Land Dream Home

 

 13 HOT INDIAN LAND NEIGHBORHOODS 

Hot Neighborhoods In Indian Land SC

 

 

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 FREE Home Buyer Guide: “Things To Consider When Buying A Home”

 

What’s Your Indian Land Home Worth?

Wondering what your Indian Land  home is worth in today’s market? Find out by clicking on the picture below.  

If you’re thinking about selling your Indian Land area home, let’s get together and discuss the supply conditions in your neighborhood 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 this information 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


 

Previous Indian Land Housing Market Updates

Whether You’re Buying Or Selling An Indian Land Home…

… The Right Broker Makes All The Difference!

 

This Charlotte, North Carolina real estate monthly update for Indian Land is provided by Nina Hollander and Carolinas Realty Partners with Coldwell Banker Residential Brokerage, your Indian Land/Lancaster County specialists and Charlotte metro area residential real estate experts. We’ve been opening doors for Indian Land area home buyers and sellers for 20+ years.

 

If you’re considering selling or purchasing a home 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


 

Summary
Indian Land, SC Real Estate Report: October 2019
Article Name
Indian Land, SC Real Estate Report: October 2019
Description
Indian Land, SC (29707 zip code) real estate report for December 2019. The Indian Land housing market remains a seller's market with just 2.4 months supply of inventory overall and fewer homes listed for sale. Just as it's been for months now, the Indian Land housing market in December was all about new construction with new construction inventory up 52.5% and new construction listings up 36.9%.
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