Charlotte Region Real Estate Report: June 2020

Charlotte Region Housing Market Snapshot June 2020

June 2020 saw a solid strengthening in the housing market in the Charlotte region despite the ongoing pandemic. Home showings were up, home prices were up, inventory was down dramatically, pending sales were up. Housing market snapshots for Mecklenburg, Union, Lancaster and York Counties.

Indian Land Real Estate Report: May 2020

Indian Land Housing Market Update May 2020

The Indian Land housing market remained a seller’s market with 2.2 months supply of homes. Corona virus impacted home inventory, months supply of homes, new listings, closed sales negatively. Lack of inventory caused home prices and pending sales to increase.

Indian Land Real Estate Report: April 2020

Indian Land SC Real Estate Snapshot April 2020

The Indian Land housing market remained a seller’s market with 2.4 months supply of homes. 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 Real Estate Report: March 2020

Indian Land (29707) Housing Market Report March 2020

The Indian Land housing market remained a seller’s market with 2.4 months supply of inventory. Inventory was down 13.7% year-over-year. Average and median home sale prices up year-over-year. Average and median days on market dropped substantially year-over-year. Closed sales increased 12.5% versus March 2019.

Indian Land Real Estate Report: February 2020

Indian Land Housing Market Snapshot February 2020

The Indian Land housing market remained a seller’s market with just 2.1 months supply of inventory overall, despite an increase in new listings of 31.3% in February 2020. Resale inventory is razor-thin at just 1.4 months. Average and median home sale prices up year-over-year. Average and median days on market dropped year-over-year. Closed and pending sales increased significantly year-over-year.

Indian Land Real Estate Report: January 2020

Indian Land, SC (29707 zip code) real estate report for January 2020. The Indian Land housing market remained a seller’s market with just 2.1 months supply of inventory overall, despite more homes listed for sale in the month of January 2020. Resale inventory is razor-thin at just 1.5 months. Average and median home sale prices up year-over-year.

Indian Land Real Estate Report: December 2019

Indian Land SC Real Estate Update December 2019

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: November 2019

Indian Land Real Estate Report November 2019

Indian Land, SC (29707 zip code) real estate report for November 2019. The Indian Land housing market remains a seller’s market with just 2.8 months supply of inventory overall and homes selling more quickly. Just as it’s been for months now, the Indian Land housing market in November was all about new construction with new construction inventory up 96.1%.

Indian Land Real Estate Report: October 2019

Indian Land SC Housing Market Update October 2019

Indian Land, SC (29707 zip code) real estate report/snapshot for October 2019. The Indian Land housing market remains a seller’s market with just 2.8 months supply of inventory overall and homes selling more quickly. Just as it was in September, the Indian Land housing market in October was all about new construction.

Charlotte Region Housing Report: 4th Quarter 2018

Charlotte Region 4th Quarter Key Housing Metrics

4th quarter 2018 Charlotte, North Carolina region’s home sales continued the trends we’ve seen since 2015. Home buyers are finding the housing market very competitive with higher home prices and a lack of properties to buy. Buyers looking for a bargain are “hard pressed” to find one. Meantime, home sellers continue to sell their homes relatively quickly and for top dollar, when priced right for condition and location. With regional months supply of homes at 2.2 months, the Charlotte region remains very much a seller’s market.