Covid-19 has flattened the once-booming Lexington County real estate market.

More owners are holding on to their homes and commercial property until the panic subsides.

Sellers are taking their property off the market, real estate agents report.

Homes and commercial property activity has fallen off, Stacy Rothenberger of Brand Name Real Estate in Lexington reported.

Owners wait for a better idea of what is going to happen to our economy.

“I’m advising my sellers to hang tight,” she said.

Ted McGee of McGee Real Estate in West Columbia said now is the best time to buy or sell due to low interest rates and lack of competition in the market.

“This will pass, and it will be a great year,” he said.

Sellers and their agents are asking all buyers to wash their hands before entering and avoid touching.

Sellers wipe down everything after they leave.

Potential buyers are holding off. None of them are in a rush to buy, she said.

Patrick O’Connor and Sally Newell of Coldwell Banker say their company has closed 250 homes in the last 2 weeks, about like 2019.

They are listing and showing homes online and expect the market to rebound after the crisis passes and interest rates remain low.