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Lancaster County, SC Real Estate News

By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 Walnut Creek Single Family Home Sales: Q1-2025Walnut Creek home sales Q1-2025 declined 33% to 20 homes compared with one year ago.   Average home sale price declined 2% from one year ago, while the median sale price declined 8%.  The average price per square foot increased 2% to $206/square foot compared with one year ago. Despite lower sales and home prices in Q1-2025, the list to sale price ratio was unchanged at 100.3%, year-over-year, providing Walnut Creek home buyers no real window of opportunity to negotiate on price. The average days on market declined 24% to 34 year-over-year. With 1.4 months supply of inventory, Walnut Creek single family homes market remained in home seller "territory," despite increasing from one year ago.   WALNUT CREEK SINGLE FAMILY HOME SALES Q1-2025   W...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
The Retreat at Rayfield Home Sales Q1-2025 Update Seller’s Market Persists in The Retreat at Rayfield  Home sales in The Retreat at Rayfield surged 50% in Q1 2025 compared with the same period last year. Six properties were listed for sale during the quarter, including four new listings. The average sale price climbed 14%, while the median sale price saw an even stronger gain of 17%. However, the average price per square foot dipped slightly to $191. The Retreat at Rayfield homes sold at 99.8% of list price, matching last year’s ratio, and signaling little room for buyer negotiation. Days on market dropped 33% year-over-year, averaging just 18 days—a clear sign of strong demand. With only 1.0 months of inventory, The Retreat at Rayfield continued to be a competitive seller’s market in t...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
SOLD In Sun City Carolina Lakes: 3094 Azalea DriveA Seamless Move From One Sun City To Another!   3094 Azalea Drive in Indian Land’s 55+ Sun City Carolina Lakes community has officially sold and closed!  This sale was especially meaningful, as my clients were referred to me by their daughter, a longtime client of mine in Charlotte. After spending over 20 years enjoying the Sun City lifestyle in Surprise, Arizona, they were ready for a new adventure—one that brought them closer to family while maintaining the active and engaging community they cherished.   Now, as they settle into their beautiful new home, they are excited to create new memories while staying connected to the lifestyle they love. It has been an absolute pleasure helping them navigate this transition, and I couldn’t be ha...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
February 2025 Indian Land, SC Housing Market Report: Prices, Sales, Inventory Trends Indian Land's real estate market in February 2025 saw new listings rise for the second consecutive month following four months of declines. With 5.11 months of inventory, the market remained balanced between buyers and sellers. Despite the increased inventory, the list-to-sale price ratio remained strong at 99.19%, up 1% from both the previous month and year, leaving minimal room for price negotiations.  The average days on the market dropped by 17% month-over-month and 14% year-over-year.  The average home sale price increased from both last month and last year, though the median sale price declined. However, with home prices in Indian Land ranging from the mid-$100,000s to over $1.2 million in Februar...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
Signed, Sealed, (Almost) Delivered: Under Contract and Closing Soon In Sun City Carolina Lakes!3094 Azalea Drive, Indian Land SC Just one week until 3094 Azalea Drive in Indian Land’s 55+ Sun City Carolina Lakes community officially closes! My clients, referred to me by their daughter—a longtime client here in Charlotte—are making an exciting move from Sun City in Surprise, Arizona, to live closer to family. Having enjoyed over 20 years of the Sun City lifestyle, they were eager to find a home that offered the same vibrant community experience. Their timing couldn’t have been better! They sold their Arizona home at full asking price on the very first day it was listed, giving them just a few weeks to secure their next home in Sun City Carolina Lakes. With their daughter, I toured multip...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
January 2025 Indian Land SC Housing Market Report:Prices, Sales, Inventory Trends In January 2025, Indian Land's real estate market saw an uptick in new listings after four months of declines. With 4.55 months of inventory, the market edged toward a more balanced state between buyers and sellers. The average days on market rose both month-over-month and year-over-year. The median list to sale price of 98.19% left minimal room for buyers to negotiate on price.  Median and average sale prices increased compared with both the previous month and the same period last year. While home sales declined for the third consecutive month, they remained higher than in January 2024 and 2023.  Indian Land Real Estate January 2025Housing Market Trends Snapshot    NEW LISTINGS IN INDIAN LAND UP After fou...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
The Retreat at Rayfield Neighborhood In Indian LandReal Estate Report 2024 + Neighborhood Spotlight  In 2024, The Retreat at Rayfield experienced a 40% increase in homes sold, with 14 more sales than the previous year. The average home sale price remained steady at $726,000, while the median sale price dropped by 5%. The average price per square foot rose slightly by 1%, reaching $211.   The list-to-sale price ratio held firm at 100.1%, indicating that buyers continue to face limited negotiating opportunities in this community. Homes spent an average of 20 days on the market, unchanged from the prior year. Inventory in The Retreat at Rayfield remains exceptionally tight, with just 0.14 months of supply, a 30% decline compared to last year. This popular Indian Land neighborhood continues...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
Walnut Creek Neighborhood In Indian Land/Lancaster, SCReal Estate Report 2024 For Single Family & Town Homes + Neighborhood Spotlight Walnut Creek Single Family Home 2024 Sales Recap Home sales in Walnut Creek saw a 19% decline in 2024 compared with the previous year, with 131 homes sold in 2024. This drop is largely attributed to the near completion of new home construction during the year. Despite the decrease in sales, the average home sale price rose by 5%, while the median sale price increased by 7%. Additionally, the average price per square foot climbed 8% to $203.     The list-to-sale price ratio remained steady at 99.6% year-over-year, offering buyers virtually no opportunity to negotiate on price. The days on market decreased by 9%, dropping to 29 days compared with the prior ...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
Latest news on the Indian Land real estate market in November 2023... What you need to know... Key take-aways about the Indian Land, South Carolina (29707 zip code) housing market in the Charlotte region in November 2023 include: Indian Land closed sales increased slightly from October 2023, but declined compared with November one year ago. Average and median home prices declined month-over-month and year-over-year. Some of this decline can be attributed to the price mix of homes sold in the most recent month, especially new construction homes. New listings declined to their lowest level in the past three years. Days on market increased both month-over-month and year-over-year to 36 days. List to sale price ratio of almost 99% provided little room for home buyers to negotiate on Indian ...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
Latest news on the Indian Land real estate market in October 2023... What you need to know... Key take-aways about the Indian Land, South Carolina (29707 zip code) housing market in the Charlotte region in October 2023 include: Indian Land closed sales declined from September 2023 and compared with October 2022. Average home price declined slightly from September and from October one year ago. Median home price increased from the previous month of September, but declined year-over-year. New listings declined to their lowest level since February 2023.  Compared with October 2022, new listings were down 17.33% Days on market remained low at 21 days, despite increasing by three days from the previous month. List to sale price ratio of 100.41% provided little room for home buyers to negotia...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
Walnut Creek Neighborhood in Indian Land/Lancaster, SCReal Estate Report & Community Spotlight: Quarter 3 - 2023 Walnut Creek Home Sales Softened But Homes Sold Quickly: 13 Days On Average Walnut Creek Single Family Home Sales OverviewWalnut Creek home sales in Quarter 3-2023 softened slightly. Average and median home prices both declined year-over-year and quarter-over-quarter, but were higher than what we saw in the First Quarter 2023. The list to sale price ratio of just under 99% was at its lowest level in 2023 and down 1% from the same quarter one year ago. With 27 properties sold, this was the lowest number of sales compared with the prior two quarter in 2023 and down 68% from the sale quarter one year ago. That being said, homes sold quickly in Quarter 3-2023 -- in 13 days, on av...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
The Retreat At Rayfield Home Sales In Indian Land, SCReal Estate Report & Neighborhood Spotlight: Quarter 3 - 2023 The Retreat at Rayfield home sales "stabilized" somewhat in Quarter 3-2023. Average home price increased 2%, while median home sale price was flat compared with the same quarter one year ago. Quarter-over-quarter, both median and average home sale prices pulled back a bit. The list to sale price ratio also pulled back slightly by 0.67% from Quarter 2-2023, although the ratio was flat when compared with Quarter 3-2022. The five homes sold in the Third Quarter were down from one year ago, but were at their highest level for one quarter in 2023. Days on market increased to 25 days compared with one year ago and one quarter ago.  THE RETREAT AT RAYFIELD HOME SALES SNAPSHOT: QUA...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
Latest news on the Indian Land real estate market in August 2023... What you need to know...What it means for you...   Home prices reach their highest level in 2023. Key take-aways about the Indian Land, South Carolina (29707 zip code) housing market in the Charlotte region in August 2023 include: Indian Land closed sales declined to their lowest level in 2023 since May 2023. Home prices in August reached their highest level in 2023. New listings increased almost 20% month-over-month.  This was the highest number of new listings Indian Land saw in one year. Days on market were at their lowest level at 15 days since October 2022. List to sale price ratio of 100.15%, provided little room for home buyers to negotiate on Indian Land homes in August. Inventory was at its highest level in Aug...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
Latest news on the Indian Land real estate market in July 2023... What you need to know...What it means for you...   Key take-aways about the Indian Land, South Carolina (29707 zip code) housing market in the Charlotte region in July 2023 include: Indian Land closed sales at their highest level in both June and July since December 2022. Home prices increased month-over-month; declined year-over-year. New listings decreased 11+% month-over-month and decreased 25% compared with July 2022. Inventory  declined month-over-month and year-over-year to its lowest level since April 2022. Days on market were at their lowest level at 18 days since September 2022. List to sale price ratio of 100.23%, provided little room for home buyers to negotiate on Indian Land homes in July. With just 2.48 mont...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
Latest news on the Indian Land real estate market in June 2023... What you need to know...What it means for you...   Key take-aways about the Indian Land, South Carolina (29707 zip code) housing market in the Charlotte region in June 2023 include: Indian Land closed sales at their highest level since December 2022. Home prices declined month-over-month and year-over-year. New listings increased 19+% month-over-month and decreased almost 41% compared with June 2022. Despite the increased in new listings, inventory  declined month-over-month and year-over-year to its lowest level since April 2022. Days on market were at their second lowest level at 28 days since November 2022. List to sale price ratio just under 100% at 99.7%, providing little room for home buyers to negotiate on Indian L...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 Walnut Creek Neighborhood in Indian Land/Lancaster, SCReal Estate Report & Community Spotlight: Quarter 2 - 2023Home Prices Rebound From Quarter 1 - 2023 | Days On Market Down Walnut Creek Single Family Home Sales Overview After softening in the Fourth Quarter 2022 and First Quarter 2023, home sale prices in Walnut Creek rebounded. Average sale price increased $36,000 from Quarter 1-2023. Median sale price $66,000 over Quarter 1-2023. The average and median sale prices declined minimally by 3% year-over-year.Although the list to sale price ratio declined by 2% compared with the Second Quarter in 2022, it increased 2.1% to 101.38% quarter-over-quarter.The number of Walnut Creek properties sold decreased 42% to 37 from Quarter 2-2022. There were also 11 fewer properties sold in Quarter 2...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
Latest news on the Indian Land real estate market in May 2023... What you need to know...What it means for you...   Key take-aways about the Indian Land, South Carolina (29707 zip code) housing market in the Charlotte region in May 2023 include: Indian Land closed sales at their highest level since September 2022. Home prices held their own, remaining essentially flat month-over-month and year-over-year. New listings decreased 16+% month-over-month and decreased almost 65% compared with May 2022. Inventory also declined month-over-month and year-over-year. Days on market were at their second lowest level since November 2022. List to sale price ratio just under 100% providing little room for home buyers to negotiate on Indian Land homes. With just 2.3 months of inventory, Indian Land was...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
Latest news on the Indian Land real estate market in April 2023... What you need to know...What it means for you...   Key take-aways about the Indian Land, South Carolina (29707 zip code) housing market in the Charlotte region in April 2023 include: Indian Land closed sales declined 10% in April after a 41.7% increase in sales the prior month. Home prices increased year-over-year, but were down slightly month-over-month. New listings increased month-over-month, but were still lower than in April one year ago. Days on market declined almost 52% from March 2023. Average days on market in April were just 25 days. List to sale price ratio increased in April to 99.19% compared with March 2023 and equal to April 2022.  Indian Land home buyers are not seeing a lot of room to negotiate on price...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
Latest news on the Indian Land real estate market in March 2023... What you need to know...What it means for you...   Key take-aways about the Indian Land, South Carolina (29707 zip code) housing market in the Charlotte region in March 2023 include: Indian Land closed sales rebounded in March with a 41.7% increase in sales after experiencing it's lowest number of closed sales in three years in February 2023. Home prices were up year-over-year and month-over-month. New listings continued to decline both year-over-year and month-over-month. Lack of new listings, combined with lower inventory month-over-month, will keep upward pressure on home prices. Days on market increased for Indian Land homes after having decreased for the three previous third consecutive months. List to sale price ra...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 Walnut Creek Neighborhood in Indian Land/Lancaster, SCReal Estate Report & Community Spotlight: Quarter 1 - 2023 Walnut Creek Single Family Home Sales Overview Walnut Creek home sales began softening in the Fourth Quarter 2022 and that trend continued in the First Quarter 2023 compared with sales activity in the most recent three months. Average sale price declined slightly by 1%, while the median sale price declined 8%. Although the list to sale price ratio declined, it was still over 99%. The number of Walnut Creek properties for sale increased 26% to 48 as did the number of average days on market, which increased to 37 days. And while the days on market increased, they were still lower than the year-to-date 49 days on market in Indian Land in general. WALNUT CREEK SINGLE FAMILY HOME...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 The Retreat At Rayfield Neighborhood In Indian Land, SCReal Estate Report & Neighborhood Spotlight: Quarter 1 - 2023 The Retreat at Rayfield had just one home sale in Quarter 1 - 2023. Compared with average and median home prices in the previous three months, average sale price was up 17% and the median sale price was up 20%. However, it should be noted that one home sale does not indicate a "real" trend. The one home that sold, sold at 100% of asking price and in 13 days. Clearly lack of inventory in The Retreat at Rayfield is keeping home prices up. RETREAT AT RAYFIELD HOME SALES SNAPSHOT: QUARTER 1 - 2023  MEDIAN HOME SALE PRICE TRENDS IN THE RETREAT AT RAYFIELD  To track sales in The Retreat At Rayield "real time," click here for our Neighborhood Analyzer Report and sign up to auto...
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