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New Construction
← Market ReportsQ4 2025 · $1.2M – $4M

New Construction

Builders closed the year with stronger-than-expected spec absorption and a healthy backlog of 2026 custom starts.

Avg Build Cost / Sqft
$361
+3.4%
Median Completed Price
$1.96M
+5.4%
Avg Lot Price (Waterfront)
$768K
+7.1%
Build Timeline
15–19 mo
+1 mo
Active Spec Inventory
13
-6
Pre-Sold Custom Starts
14
+5
Archive Edition

This is the Q4 2025 edition of our new construction coverage, preserved as a historical record of where the segment stood at the close of that quarter. Figures were accurate to that period and have not been restated. For the position as it stands today, read the current new construction report (Q2 2026).

Market Commentary

Spec absorption surprised to the upside in Q4. Six completed homes between $1.8M and $2.6M closed in the final eight weeks — most to relocation buyers committing sight-unseen after a single in-person visit.

Material costs stabilized but labor tightened. Several builders extended timelines a month into 2026 to preserve quality.

Lot inventory thinned meaningfully on the SC side. By year-end, fewer than eight buildable waterfront parcels remained in The Palisades.

How to read this report

Every figure on this page describes the new construction segment of the Lake Wylie basin during Q4 2025 — not the county as a whole and not the broader Charlotte metro. That distinction matters, because a segment this narrow moves on its own supply. A handful of closings in a quarter can swing a median by six figures, which is why months of supply and days on market are the more stable indicators here than price alone.

Comparables are shown without street addresses. A meaningful share of activity at this level of the market transacts privately, and the properties listed are included for pattern rather than for identification: size, community, price per square foot and time on market together describe how the quarter behaved far better than any single sale does.

Percentage changes are year over year rather than quarter over quarter, which strips out the seasonality that dominates a lake market — spring listing surges, the summer selling window, and the winter lull when dockage and water views photograph poorly. Read a single quarter against the same quarter a year earlier, then read the trend across the archive below.

Recent Comparables

Selected Q4 2025 Sales

PropertyCommunityBeds / BathsSqftSale Price$/SqftDOM
Confidential — Palisades ReserveThe Palisades5 / 55,180$2,180,000$42196
Confidential — Sanctuary RidgeThe Sanctuary4 / 4.54,640$1,975,000$42574
Confidential — Lake Wylie InfillLake Wylie, SC4 / 3.53,980$1,485,000$37358
Outlook

Looking Ahead

2026 begins with the tightest lot supply since 2021. Custom buyers should expect 60–90 day delays securing premier sites and should budget 6–8% above 2025 lot pricing.

Methodology & Context

How we read the new construction segment

The figures on this page are drawn from Canopy MLS closings in the Lake Wylie footprint — Belmont, Cramerton, Tega Cay, Lake Wylie, River Hills, and the unincorporated waterfront on both sides of the state line — reconciled against private off-market activity our team handles directly. Where comparables include pre-listed or pocket transactions, those are flagged in our internal data set and folded into the medians only when terms and timing make them genuinely comparable. We do not include rentals, fractional ownership, or estate sales conducted under court timeline pressure; those compress price discovery in ways that distort the segment.

Days-on-market for the new construction tier behaves differently than for the broader Charlotte MSA, and the gap has widened over the past four quarters. Inventory enters and exits this segment in small batches — sometimes a single closing moves the median — which is why we publish the comparables table in full rather than a single summary statistic. Readers should weigh the spread of the underlying transactions, not just the median, when calibrating expectations for their own buy or sell decision.

Outlook commentary reflects what we are hearing in real listing appointments and offer negotiations this quarter, not a forecast model. The Lake Wylie waterfront is a thin market by national standards; lender behavior, dock-permit timing, and the seasonal rhythm of out-of-state relocation traffic all swing harder here than in deeper urban segments. We update this report on a quarterly cadence and re-cut the comparables every time a meaningful closing posts.