indian land housing market update april 2019

Indian Land, SC housing market (29707 zip code) update for April 2019. The Indian Land housing market remains a seller’s market with just 2.9 months supply of inventory overall, but with only 2.2 months supply of resale homes. Both the average and median sale price of Indian Land homes increased in April 2019. New construction homes sold at about $9,000 more on average than resale homes. Resale home inventory dropped by 20.3% in April, clearly impacting both closed and pending sales which were flat and up 0.9% respectively. With home sellers getting 98.1% of selling price, not much room for buyers to negotiate.