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 August 2022... What you need to know...What it means for you...   The Indian Land, South Carolina (29707 zip code) housing market continued to see a low months supply of homes in August 2022 at 1.4 months supply. Both pending and closed sales dropped in August.  Median home sale prices reached record highs. With a median list to sale price ratio of 100%, Indian Land home sellers remained in the "driver's seat" in August 2022.   Indian Land Housing Market HighlightsAugust 2022 August July 2021 NEW LISTINGS DECREASED IN AUGUST 2022 | RESALE HOME INVENTORY AT LESS THAN ONE MONTHHousing inventory increased 17.7% in August, year-over-year. New listings decreased 14.5% year-over-year, despite a 70.4% increase in new construction inventory. ...
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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 2022... What you need to know...What it means for you...   The Indian Land, South Carolina (29707 zip code) housing market continued to see a low months supply of homes in July 2022 at 1.3 months supply. Both pending and closed sales dropped in July. With average home sale prices reaching record highs and with list to sale price ratios at 100.4%, Indian Land home sellers remained in the "driver's seat" in July 2022.  Indian Land Housing Market HighlightsJuly 2022 Versus July 2021 NEW LISTINGS DECREASED IN JULY 2022 | RESALE INVENTORY DOWNHousing inventory increased slightly at 5.8% in July, year-over-year. New listings decreased 23.8% year-over-year, despite a 108% increase in new construction inventory. Resale inventory was down...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Walnut Creek Neighborhood in Indian Land/Lancaster, SCReal Estate Report & Community Spotlight Quarter 2 - 2022 Walnut Creek Single Family Home Sales Review: Q2 - 202253 single family homes sold in Walnut Creek in Quarter 2 - 2022 compared with 63 homes in the same quarter in 2021. Compared with the first quarter of 2022, Walnut Creek had  21 more sales in the second quarter.  New listings in Walnut Creek increased substantially in the Second Quarter 2022 with 95 new listings compared with 44 in the same time frame one year ago. Quarter-over-quarter, Walnut Creek more than doubled new listings from 40 to 95.  Despite the large increase in new listings, Walnut Creek homes sold four days more quickly in Quarter 2- 2022 than in 2021, dropping 16.0%. Quarter-over-quarter, average days on m...
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By Shaun Bannon, Home Inspectors Serving NC & SC
(Bannon Home Inspections )
If you’re considering buying a home in Lancaster County, South Carolina, you’ve come to the right place! With the latest figures just released, the population for this beautiful South Carolina County has grown faster than any other area around the Charlotte metro area.Now with roughly 102,000 residents in 2022, the area is one of the fastest growing regions in the country. It’s a haven for retirees and families looking to settle down, with many of the homes built in the early 1900’s....Read more about Lancaster here.Bannon Home Inspections provides quality, affordable home inspection service solutions to the greater Charlotte, NC area including: Monroe, Gastonia, Concord, Rock Hill, Fort Mill, Huntersville, Columbia, Indian Land, Waxhaw, Mooresville, Statesville, York, Winston-Salem, Sa...
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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 2 - 2022 The Retreat at Rayfield saw the number of sales decrease by four homes to nine homes in Quarter 2 - 2022 versus the same quarter in 2021. Compared with the first quarter of 2022, The Retreat at Rayfield enjoyed six additional sales. Some of this was a result of more listings in Quarter 2 than in Quarter 1.  Average days on market were flat year-over-year at 11 days. Median days on market in the second quarter were just three. New listings dropped by four homes to nine, year-over-year. Both average and median home prices increased year-over-year. The average sale price in Quarter 2 - 2022, increased 27.44% to $686.711. The median sale price in Quarter 2 - 2022, increased ...
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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 2022... What you need to know...What it means for you...   Indian Land, South Carolina (29707 zip code) average and median home prices reached record highs in May 2022, topping the record highs in April 2022. Home sellers enjoyed higher list to sale ratios, as well, both year-over-year and month-over-month. While higher interest rates have certainly caused many home buyers to take a pause and while we've seen a small increase in inventory, they have not impacted what home buyers are willing to pay for a home. The Indian Land housing market remained a seller's market in May 2022 with just 0.9 months supply of inventory overall, down 10.0% from 1.0 months in May 2021 and down from 2.4 months in May 2020.  Indian Land Housing Market ...
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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 2022... What you need to know...What it means for you...   Indian Land, South Carolina (29707 zip code) average and median home prices reached record highs in April 2022. Home sellers enjoyed higher list to sale ratios, as well.  The Indian Land housing market remained a seller's market in April with just 0.7 months supply of inventory overall, down 22.2% from 0.9 months in April 2021 and down from 2.8 months in April 2020.  Indian Land Housing Market HighlightsApril 2022 Versus April 2021 Housing inventory was down 37.7% in April, year-over-year. New listings slightly increased 6.5% year-over-year thanks to a 23.5% increase in new construction inventory. Resale inventory dropped 56.3% year-over-year. Lack of inventory continued...
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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 2022 and what it means for you...   Lack of housing inventory remained an issue in Indian Land, South Carolina (29707 zip code), keeping its housing market a seller's market in March with just 0.6 months supply of inventory overall, down 25% from 0.8 months in March 2021 and down from 2.7 months in March 2020. Lack of inventory resulted in a drop in days on market and increase in home prices.  Indian Land Housing Market HighlightsMarch 2022 Versus March 2021 Housing inventory was down 43.8% in March, year-over-year. New listings decreased 7.7% year-over-year.  New construction inventory, long a staple of Indian Land housing, was down 54.5% year-over-year. Both average and median sale prices increased in March 2022 to $503,877 an...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Walnut Creek Neighborhood in Indian Land/Lancaster, SCReal Estate Report & Community Spotlight Quarter 1 - 2022 Walnut Creek Single Family Home Sales Review: Q1 - 202232 single family homes sold in Walnut Creek in Quarter 1 - 2022 compared with 45 homes in the same quarter in 2021. 11 of the 32 homes were new construction homes. New listings in Walnut Creek decreased by five year-over-year to 40 listings.  Homes sold 27 days more quickly in Quarter 1 - 2022 than in 2021, dropping 11.11%. Homes sold in 24 days, on average, compared with 51 days in the first quarter one year ago. Average sale price was $451,074 up 19.03% year-over-year. This is about $21,000 higher than in the most recent fourth quarter 2021.  The median sale price was $452,000, up 18.41% year-over-year. The median sale ...
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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 1 - 2022 The Retreat at Rayfield saw the number of sales decrease by five homes to just three homes in Quarter 1 - 2022 versus the same quarter in 2021.  Average days on market dropped from 9 days to 1 day year-over-year, an 88.89% decrease.  New listings dropped by four homes to nine, year-over-year. Both average and median home prices increased year-over-year. The average sale price in Quarter 1 - 2022, increased 22.44% to $598,333. The median sale price in Quarter 1 - 2022, increased 25.81% to $585,000. Home sale prices ranged from $585,000-$625,000 in the first quarter 2022. Sellers received 104.5% of asking price in final sale price, on average. At first quarter-end 2022, on...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Lancaster, SC Housing Market Report:  Quarter 1 -2022 Latest news on Lancaster County's real estate market and what it means for you... First Quarter 2022 Lancaster County, South Carolina, just south of Charlotte's upscale Ballantyne area, remained a seller's market with just 0.5 months of inventory. Lancaster County includes the towns of Indian Land,  Lancaster,  Fort Mill,  Kershaw, and Heath Springs.    First Quarter 2022 saw increases in both average and median home sale prices in Lancaster County. Closed sales were down (not surprising given the lack of inventory). The months supply of homes and the inventory of homes  were down significantly. No doubt that Lancaster County's winter housing market remained hot as the temperatures cooled. Lancaster County Housing Market HighlightsQ...
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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 2022 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 0.6 months supply of inventory overall, down 33.3% from 0.9 months in February 2021 and down from 2.3 months in February 2020. Lack of inventory increased average home sale prices 20.2% year-over-year, while homes sold quickly in 11 days on average.  Indian Land Housing Market HighlightsFebruary 2022 Versus February 2021 Housing inventory was down 51% in February year-over-year. New listings decreased 20.6% year-over-year.  New construction inventory, however, long a staple of Indian Land housing, was down 66.7% year-over-year. Both average and median sale prices increased in Feb...
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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 2022 and what it means for you...   Indian Land Housing Market HighlightsJanuary 2022 Versus January 2021 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 11.1% from 0.9 months in January 2021 and down from 2.3 months in January 2020. Housing inventory was down 35.5% in January year-over-year. New listings increased substantially by 55.7% year-over-year, most of the new listings coming from new construction. New construction inventory, however, long a staple of Indian Land housing, was down 40% year-over-year despite the January increase. Both average and median sale prices increased in January 2022 to $480,243 and $451,...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  10 Hot Selling Indian Land/Lancaster, SC Neighborhoods In The Greater Charlotte Area In 2021 To Watch In 2022 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 10 hottest selling neighborhoods in Indian Land in 2021, each of which had 40 or more homes sales. In each of these neighborhoods, homes sold for more money and more quickly throughout 2021 than in 2020. 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 fifth consecutive year in a row; while Treetops made the list for a fourth consecutive year....
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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 4 - 2021 The Retreat at Rayfield saw the number of sales increase by four homes to 12 homes in the 4th Quarter 2021 versus the same quarter in 2020.  Average days on market dropped substantially from 37 days to 21 days year-over-year, a 43.24% decrease. Median days on market were eight days in Quarter 4 - 2021. New listings dropped by one home to five year-over-year. Both average and median home prices increased year-over-year. The average sale price in Quarter 4 - 2021, increased 32.28% to $614,098. The median sale price in Quarter 4 - 2021, increased 27.63% to $607,889. Home sale prices ranged from $491,000-$700,000 in the fourth quarter 2021. Sellers received 101.7% of asking ...
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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 4 - 2021 Walnut Creek Single Family Home Sales Review: Q4 - 202144 single family homes sold in Walnut Creek in the Fourth Quarter 2021 compared with 62 homes in the same quarter in 2020.  New listings in Walnut Creek increased by two year-over-year to 39 listings.  Homes sold 17 days more quickly in the 4th Quarter 2021 than in 2020, dropping 41.46%. Homes sold in 24 days, on average, compared with 41 days in the fourth quarter one year ago. Average sale price was $429,747 up 22.37% year-over-year. This is about $10,000 higher than in the most recent third quarter.  The median sale price was $432,959, up 21.39% year-over-year. The median sale price was just under $15,000 higher than in the 3rd quarter ...
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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 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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