Indian Land Real Estate June 2020

Latest news on the Indian Land real estate market in June 2020 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 2 months supply of inventory overall, down 41.2% from 3.2 months in June 2019. Housing inventory was down 33.4% in June year-over-year despite a 15.8% increase in new listings. New construction inventory, long a staple of Indian Land housing, was down 43.8% year-over-year.

Both average and median sale prices increased in June to $368,578 and $365,000, respectively. Average sale prices increased 10.2% year-over-year and median sale prices increased 7.4% year-over-year.  New construction prices were about $50,000 higher, on average, than resale home prices, increasing 8.3% year-over-year.

Closed sales increased in Juneby 22.8% year-over-year. Pending sales increased 42% versus June 2019. Despite the pandemic, home buyers were out in full force in the Indian Land area in June 2020.

Average days on market were 41 days (up 1 day year-over-year).  Median days on market were 14 days (down 5 days year-over-year). Because of buyer demand and low inventory, Indian Land homes continue to sell quickly. 

With home sellers receiving 98.9% of asking price in sale price (up 1.0% year-over-year), the negotiating opportunity for home buyers in Indian Land was negligible in June.

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

I can help.

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

There’s absolutely NO OBLIGATION. A consultation with Nina Hollander is FREE. 

 Indian Land Real Estate Highlights

June 2020 vs June 2019

14 HOT INDIAN LAND NEIGHBORHOODS 

SEARCH INDIAN LAND, SC HOMES FOR SALE

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

WONDERING WHAT YOUR INDIAN LAND, SC HOME IS WORTH?

If you’re thinking about selling your Indian Land 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 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.

Note: If you don’t see your subdivision or complex, or the data looks incomplete, it’s because there weren’t enough properties sold in a given year.

We’re happy to provide an expert home value analysis with no obligation on your part.

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

INDIAN LAND REAL ESTATE: MEDIAN HOME PRICE TRENDS 

This Charlotte, North Carolina Indian Land real estate June 2020 update is provided  by Nina Hollander, Coldwell Banker Realty, Greater Charlotte 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 Charlotte metro 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.”