Union County, NC remained a home seller’s market in the second quarter of 2020 with inventory and months supply of homes less than half of what we had in the same quarter in 2019. Lack of inventory, coupled with buyer demand exceeding supply, increased home prices in the second quarter and reduced days on market.
500+ top selling neighborhoods in the Charlotte area as of June 2020, where at least one home sold each month for the past 12 months. Plus a list of the 250 hottest selling neighborhoods in Charlotte-Mecklenburg County in June. Find out if your neighborhood is on these lists. What the experts are saying about the housing market (video).
Despite the pandemic and showing restrictions in much of the second quarter of 2020, Charlotte region remained a home seller’s market. Home prices increased, while inventory and days on market decreased. Only closed sales decreased during the second quarter, but were clearly making a comeback by June. By June, it was evident that home buyer demand far exceeded supply of homes for sale, both resale and new construction.
Tega Cay, South Carolina remained a home seller’s market in June 2020. The pandemic continued to impact Tega Cay’s housing with much lower inventory levels, days on market, closed sales, higher home prices. Buyer demand for Tega Cay homes continues to outstrip supply of homes for sale. with fewer new listings coming on market.
Open House on Saturday, July 25th in one of Charlotte’s premier 55+ communities. Join us from 2:00 till 4:00 pm and take a look at this move-in ready, one-owner patio town home in the Polo Club at Mountain Island Lake, a vibrant active adult community offering a “lock & leave lifestyle” and great amenities.
Fort Mill’s housing market (29715 and 29708 zip codes) continued to be impacted by the pandemic in June 2020, characterized by much lower inventory, fewer new listings, lower months supply of housing, and fewer closed and pending sales. With inventory so low, Fort Mill remained a home seller’s market.
Indian Land, South Carolina housing market remained a seller’s market in June 2020 despite ongoing pandemic concerns. Home prices increased, homes sold quickly with median days on market just 14 days. Months supply of homes was low at 2 months and inventory also dropped year-over-year. Not many negotiating opportunities for home buyers in June.
Move-in ready patio home in Charlotte’s 55+ Active Adult community in the Polo Club at Mountain Island Lake. If you’re looking to downsize in a maintenance-free home in a lock & leave community with great amenities and still want space to live and entertain be sure to check out 4949 Polo Gate Boulevard.