Fort Mill Real Estate September 2020
Fort Mill real estate September 2020 (29715 and 29708 zip codes) was unquestionably a home seller’s market, characterized by much lower inventory, lower months supply of housing, lower days on market, higher sale prices, and higher pending and closed sales.
Fort Mill Real Estate September 2020 Update
Latest news on the Fort Mill real estate market in September 2020 and what it means for you…
Fort Mill’s housing market (29715 and 29708 zip codes) remained a seller’s market in September 2020 WITH much lower inventory, lower months supply of housing despite an increase in new listings, higher home sale prices, and higher pending and closed sales.
Pending sales increased an astounding 102.1% and closed sales increased 5.1% year-over-year in September.
New listings increased 22.7% in Fort Mill year-over-year. Despite the increase in new listings, housing inventory dropped 56.9% year-over-year. The months supply of homes decreased 54.2% to just 1.1 months.
Average days on market decreased 16 days to 26 days versus the same month one year ago. Median days on market were 6, decreasing 13 days versus the same month one year ago.
Sellers received a median 100% of list price, up 1.8% year-over-year. Buyers had minimal negotiating room for Fort Mill homes.
Average home sale prices increased 23.6% in September 2020 versus September 2019, while median home sale prices increased 16.6%. Average sale price was $414,155 and median sale price was $350,000.
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FORT MILL REAL ESTATE HIGHLIGHTS:
SEPTEMBER 2020 vs SEPTEMBER 2019
Did you know…
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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FREE Home Seller Guide: “Things To Consider When Selling Your House”
FORT MILL REAL ESTATE: MEDIAN HOME PRICE TRENDS
This Charlotte, North Carolina Fort Mill real estate 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:
“The Right Broker Makes All The Difference.”
