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 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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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 The Retreat At Rayfield Neighborhood In Indian Land, SCReal Estate Report & Neighborhood Spotlight: 2nd Quarter 2021 The Retreat at Rayfield saw the number of sales decrease in 2nd Quarter 2021 versus the same quarter in 2020. The Retreat at Rayfield had eight fewer listings for sale in the 2nd Quarter 2021 compared with the same quarter one year ago so it's not surprising that the number of sales were lower. Lack of inventory skyrocketed sale prices, including median sale prices, which were $100,000 higher than in the first quarter 2021. Both average and median home prices increased compared with the 2nd quarter 2021, as did listing prices.  Average sale price in the 1st quarter 2021 was $541,846, up 25.9% year-over-year. Average home prices also increased by $53,000 over the 1st quar...
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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 2 - 2021 Walnut Creek Single Family Home Sales Review: Q 2 - 2021 64 single family homes sold in Walnut Creek in the 2nd quarter 2021 -- equal to the number sold in the same quarter one year ago, but 19 more than in the 1st quarter 2021.  New listings in Walnut Creek decreased to 43 with 26 fewer homes listed compared with one year ago.   Homes sold 35 days more quickly in the 2nd quarter 2021 than in 2020. Average sale price was $403,350, up 22.9% year-over-year. This is about $32,000 higher than in the most recent quarter.  The median sale price was $407,477, up 23.7% year-over-year. The median sale price was almost $37,000 higher than in the 1st quarter 2020.  On average, home sellers received 102.9...
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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 May 2021 and what it means for you...   The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in May with just 0.7 months supply of inventory overall, down 69.6% from 2.3 months in May 2020 and down from 3.5 months in May 2019.  Housing inventory was down 67.5% in May year-over-year, coupled with a 14.4% decrease in new listings year-over-year. New construction inventory, long a staple of Indian Land housing, was down 63.8% year-over-year. Resale home inventory dropped 56.6% year-over-year. Both average and median sale prices increased in May to $398,744 and $380,000, respectively. Average home sale prices increased 14.4% year-over-year.  Median sale prices increased 8.7% year-over-year.  Average ...
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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 2021 and what it means for you...   It's all about inventory in Indian Land, South Carolina. Or more accurately, it's all about the lack of inventory in Indian Land. The Indian Land  (29707 zip code) housing market remained a seller's market in April with just 0.7 months supply of inventory overall, down 74.1% from 2 months in April 2020.  Housing inventory was down 72.4% in April year-over-year, coupled with a 30.6% decrease in new listings year-over-year. New construction inventory, long a staple of Indian Land housing, was down 91.1% year-over-year. Resale home inventory dropped 76.4% year-over-year. Both average and median sale prices increased in April to $387,190 and $380,000, respectively. Average home sale prices increa...
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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 2021 and what it means for you...   The Indian Land, South Carolina (29707 zip code) housing market remained a seller's market in March with just 0.6 months supply of inventory overall, down 76.9% from 2.6 months in March 2020. The months supply of resale home inventory was even lower at 0.4 months down from 2.2 months one year ago. Housing inventory was down 73.7% in March year-over-year, coupled with a 19.7% decrease in new listings year-over-year. New construction inventory, long a staple of Indian Land housing, was also down 82.7% year-over-year. The months supply of new construction inventory homes were just 0.3 months down from 2.2 months one year ago. Resale home inventory dropped 81.1% year-over-year. Both average and me...
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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 1 - 2021  Walnut Creek Single Family Home Sales Review: Q 1 - 2021 45  single family homes sold in Walnut Creek in the 1st quarter 2021 -- four more than in the same quarter one year ago.  New listings in Walnut Creek decreased to 42 with 23 fewer homes listed compared with one year ago.   Homes sold 53 days more quickly in the 1st quarter 2021 than in 2020. Average sale price was $371,951, up 15.67%. The average sale price was also some $20,000 higher than in the 4th quarter 2020. The median sale price was $370,000, up 14.98% year-over-year. The median sale price was almost $20,000 higher than in the 4th quarter 2020.  On average, home sellers received 100.8% of list price as a final sale price, while...
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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: 1st Quarter 2021 The Retreat at Rayfield saw the number of sales increase by two in the 1st Quarter 2021 versus the same quarter in 2020. The Retreat at Rayfield had two fewer listings for sale in the 1st Quarter 2021 compared with the same quarter one year ago. Both average and median home prices increased compared with the first quarter 2020, as did listing prices.  Average sale price in the 1st quarter 2021 was $488,688; median sale price was $440,000. Sold homes ranged in price from $376,500 to $636,000.  Sellers received 100.7% of asking price in final sale price, on average and homes sold in 15 days, on average. At first quarter-end 2021, no homes were listed for sale in The Retre...
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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 2021 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 0.7 months supply of inventory overall, down 69.6% from 2.3 months in February 2020. The months supply of resale home inventory was even lower at 0.4 months. Housing inventory was down 64.1% in February year-over-year, coupled with a 22% decrease in new listings year-over-year. New construction inventory, long a staple of Indian Land housing, was also down 71.3% year-over-year. The months supply of new construction inventory homes were just 0.5 months. Resale home inventory dropped 72.2% year-over-year. Both average and median sale prices increased in February to $360,693 and $3...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  9 Hot Selling Indian Land/Lancaster, SC Neighborhoods In The Greater Charlotte Area To Watch In 2021 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 9 hottest selling neighborhoods in Indian Land in 2020, each of which had 50 or more homes sales. 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 fourth consecutive year in a row; while Treetops made the list for a third consecutive year. Avondale and Ansley Park are on the "watch" list for a second year. New construction ruled in Indian Land in 2020 ...
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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 2021 and what it means for you...   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 65.2% from 2.3 months in January 2020. The months supply of resale homes in Indian Land was just 0.5 months. Inventory is at critically low levels. Housing inventory was down 60.3% in January year-over-year, coupled with a 38.9% decrease in new listings  year-over-year. New construction inventory, long a staple of Indian Land housing, was also down 67.5% year-over-year. The months supply of new construction inventory homes were just 0.6 months. Resale home inventory dropped 32.4% year-over-year. Both average and median sale prices incr...
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