Fort Mill/Tega Cay Housing Markets: June 2019. How Did They Do?

VIDEO UPDATE FOR FORT MILL, SC HOUSING MARKET: JUNE 2019

VIDEO UPDATE FOR TEGA CAY, SC HOMES: JUNE 2019

• Average sale price of Fort Mill area homes increased 4.7% in June 2019 to just $370,000 compared with June 2018. Average home prices also increased by about $32,000 over the month of May 2019.
• Median sale price increased 4.9% to $320,000 in June 2019 versus June 2018. Median sale price in June 2019 was also $10,000 higher than in the previous month of May 2019.
• Average days on market for Fort Mill property listings were 37 days in June 2019, down 7 days compared with the same month one year ago.
• Median days on market in Fort Mill were 15 days in June 2019, an increase of 1 days compared with one year ago. 
• Price per square foot  for Fort Mill homes was $138/square foot in June 2019, increasing by $3 per square foot versus the same month one year ago.
• Closed sales of homes in Fort Mill during June 2019 decreased 5% compared with June 2018.
• Pending sales in June  2019 were up 64.9% in Fort Mill compared with the same month one year ago.
• Median percent of original list price that sellers received for their homes in June was 98.5% in Fort Mill, indicating minimal negotiating room for buyers. 
• Months supply of homes dropped 21.2% to 2.6 months in June 2019, indicating predominantly a seller’s market in Fort Mill with overall inventory of homes dropping by 12.2% in June.
• New listings in Fort Mill increased 8.1% in June 2019 compared with June 2018.
  

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• Home sale prices averaged just under $388,000 for Tega Cay homes in June 2019, increasing 12.7% compared with June 2018. Home sales prices in June were also just over $22,000 higher than in the most recent month of May 2019.
• Median home sale prices were up 14.7% in June 2019 versus last year to just under $362,000.
• Average days on market were 18, decreasing by 1 day in June 2019 compared with one year ago. Average days on market dropped 6 days versus the prior month of May 2019.
• Median days on market in Tega Cay were 18 days, increasing in June 2019 by 7 days versus one year ago, but decreasing by 11 days versus the prior month of May 2019.
• Price per square foot in Tega Cay was $145 in June 2019, up $7 per square foot compared with June 2018.
• Closed sales in Tega Cay increased 7% in June 2019 versus the same month one year ago. 
• Pending sales increased 35% in Tega Cay in June 2019 versus the same month one year ago.
• Median percent of original list price that sellers received for their homes in Tega Cay was 97.4%, showing minimal negotiating room for buyers in June 2019.
• Months supply of homes of homes in Tega Cay in June 2019 compared with one year ago was 3.6 months, down 29.4% compared with June 2018.
• Inventory of homes in June 2019 was down 224.3% compared with the same time period one year ago. This is on top of decreases in each of the first five months of 2019.
• New listings were up 13.2% year-over-year in Tega Cay in June 2019.
  

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Fort Mill/Tega Cay Housing Market Update: May 2019

Fort Mill/Tega Cay Housing Market Update: April 2019

Fort Mill/Tega Cay Housing Market Update: March 2019

Fort Mill/Tega Cay Housing Market Update: February 2019

Fort Mill/Tega Cay Housing Market Update: January 2019

Fort Mill/Tega Cay Housing Market Update: December 2018

Fort Mill/Tega Cay Housing Market Update: November 2018

Fort Mill/Tega Cay Housing Market Update: October 2018

Fort Mill/Tega Cay Housing Market Update: September 2018

Fort Mill/Tega Cay Housing Market Update: August 2018

Fort Mill/Tega Cay Housing Market Update: July 2018

… The Right Broker Can Make The Difference

This Charlotte, North Carolina real estate monthly update for Fort Mill and Tega Cay, SC is provided by  Nina Hollander and Carolinas Realty Partners, Coldwell Banker Residential Brokerage, your Charlotte metro area residential real estate experts and Fort Mill and Tega Cay specialists. We’ve been opening doors for Fort Mill and Tega Cay home buyers and sellers for 20+ years.

If you’re considering selling or purchasing a home in the Fort Mill and Tega Cay areas or anywhere in the Charlotte metro region, I’d love an opportunity to earn your business, to exceed your expectations, and to show you how:

 “The Right Broker Makes All The Difference.”