Fort Mill Real Estate January 2021
Fort Mill real estate January 2021 (29715 and 29708 zip codes) was unquestionably a home seller’s market, characterized by much lower inventory, razor-thin months supply of housing, fewer days on market, higher sale prices, and higher pending and closed sales.
Fort Mill Real Estate January 2021 Update
Latest news on the Fort Mill real estate market in January 2021 and what it means for you…
Fort Mill’s housing market (29715 and 29708 zip codes) remained a seller’s market in January with much lower inventory, lower months supply of housing, a decrease in new listings, higher average home sale prices, and higher pending and closed sales.
Pending sales increased 1.5% and closed sales increased 86.2% year-over-year in January.
New listings decreased 22.5% in Fort Mill year-over-year. Housing inventory dropped 65.1% year-over-year. The months supply of homes decreased 63.2% to just 0.7 months from 1.9 months in the same month one year ago.
Average days on market decreased 39 days to 15 days versus the same month one year ago. Median days on market were 3, decreasing 35 days versus the same month one year ago.
Sellers received a median 100% of list price, up 2.2% year-over-year. Home buyers clearly had minimal negotiating room for Fort Mill homes.
Average home sale prices increased 3.1% in January 2021 versus January 2020, while median home sale prices increased 4.3%. Average sale price was $350,033 and median sale price was $315,900.
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FORT MILL REAL ESTATE HIGHLIGHTS:
JANUARY 2021 vs JANUARY 2020
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Fort Mill has been ranked as the #6 best Charlotte suburb to live in and #7 in the North Carolina region/area as a best suburb to live in?
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6 HOTTEST FORT MILL/TEGA CAY, SC NEIGHBORHOODS
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MEDIAN HOME PRICE TRENDS IN FORT MILL, SC
This Charlotte, North Carolina Fort Mill real estate January 2021 update is provided by Nina Hollander, Coldwell Banker Realty, Greater Charlotte residential real estate expert and Fort Mill specialist. I’ve been opening doors for Fort Mill home buyers and sellers since 1999.
If you’re considering selling or purchasing a home in the Fort Mill area or anywhere in the Charlotte metro region, I’d love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:
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