What you don’t know can cost you time and money when it comes to selling your house. The best source of information is your real estate agent, and we’ve put together a growing list of helpful resources about the home selling process. When you’re ready, call Nina Hollander at 704-779-0813 to discuss how we can help sell your house.
Tega Cay, South Carolina real estate report for December 2019. Tega Cay remained a seller’s market in December 2019 with tight inventory and just 2.3 months supply of homes. The tight inventory impacted pending sales negatively and kept closed sales flat year-over-year.
It’s still tight inventory in the Waxhaw area, encompassing the towns of Waxhaw, Weddington, and Marvin in the 28173 zip code. Availability of new construction inventory was significantly down in December 2019. Resale inventory was also significantly down in December year-over-year, resulting in much higher home sale prices. Closed and pending sales were both up, days on market down.
Fort MIll’s housing market remained a seller’s market in December 2019 evidenced by decreasing inventory of homes, lower months supply of housing and significantly fewer new listings coming on the market. Closed and pending sales both were down due to lack of inventory. Buyer demand for homes in Fort Mill continues to outpace supply causing an increase in both average and median home prices compared with December 2018.
Indian Land, SC (29707 zip code) real estate report for December 2019. The Indian Land housing market remained a seller’s market with just 2.4 months supply of inventory overall and fewer homes listed for sale in the month of December 2019. Just as it’s been for months now, the Indian Land housing market in December was all about new construction with new construction inventory up 52.5% and new construction listings up 36.9%.
Charlotte region remained a seller’s market in 2019. Low inventory, fewer new listings, lower days on market all resulted in higher home sale prices and a lower affordability index. With a strong economy and low interest rates, demand for homes continues to outpace availability of homes for sale.
Charlotte region remained a seller’s market in December 2019 with inventory remaining extremely tight and the months supply of housing dropping 29.2% to just 1.7 months. Year-over-year home prices increased, days on market decreased, inventory decreased despite new listings increasing slightly. Housing affordability index continued to decrease, as well.
Ballantyne remained a seller’s market in December 2019. Both median and average home prices were up significantly, new listings and inventory were down significantly. Months supply of inventory was sharply down compared with December 2018 — down to 1.1 months. Closed sales were up, but pending sales decreased year-over-year, most likely due to low inventory.
If selling your Charlotte area home is one of your 2020 resolutions, we can help you keep that resolution and sell your home at top dollar. It’s a great time to sell in the Charlotte area with buyer demand outpacing supply of homes. Find out why your shouldn’t attempt to be a For Sale By Owner. Find out what your Charlotte area home is worth in today’s market.
Tega Cay, South Carolina real estate report for November 2019. Cay remained a seller’s market in November 2019 with lower inventory, fewer days on market, fewer new listings and just 2.3 months supply of homes. Lack of inventory and new listings impacted both closed and pending sales negatively.
Fort MIll’s housing market remained a seller’s market in November 2019 evidenced by decreasing inventory of homes, lower months supply of housing, fewer days on market, and fewer new listings coming on the market. Closed and pending sales both were down due to lack of inventory. Buyer demand for homes in Fort Mill continues to outstrip supply and average home prices increased.
