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

FORT MILL SEPTEMBER 2019 HOUSING MARKET SNAPSHOT

TEGA CAY SEPTEMBER 2019 HOUSING MARKET SNAPSHOT

• Average sale price of Fort Mill area homes decreased 0.3% in September 2019 to just over $331,000 compared with September 2018. 
• Median sale price decreased 4.2% to $299,900 in September 2019 versus September 2018. 
• Average days on market for Fort Mill property listings were 44 days in September 2019, flat compared with the same month one year ago, but down 9 days month-over-month.
• Median days on market in Fort Mill were 22 days in September 2019, an increase of 8 days compared with one year ago, but down 7 days month=over-month.
• Price per square foot  for Fort Mill homes was $143/square foot in September 2019, up $14/square foot year-over-year. 
• Closed sales of homes in Fort Mill during September 2019 increased 20.2% compared with September 2018.
• Pending sales in September  2019 decreased 8.2% in Fort Mill compared with the same month one year ago.
• Median percent of original list price that sellers received for their homes in September was 98.2% in Fort Mill, indicating minimal negotiating room for buyers. 
• Months supply of homes dropped to 2.2 months in September 2019, indicating predominantly a seller’s market in Fort Mill with overall inventory of homes dropping by 15.8% in September 2019.
• New listings in Fort Mill increased 7.3% in September 2019 compared with September 2018.
  

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• Home sale prices averaged $384,488 for Tega Cay homes in September 2019, down 1.5% compared with August 2018. However, average home sale prices increased almost $30,000 month-over-month.
• Median home sale prices were up 3.3% in September 2019 versus last year to just over $376,000. Median sale prices were also up almost $13,000 month-over-month.
• Average days on market in Tega Cay were 44, down 24 days in September 2019 compared with one year ago and down 14 days month-over-month.
• Median days on market in Tega Cay were 33 days, decreasing in September  2019 by 28 days versus one year ago. Median days on market were down 12 days month-over-month.
• Price per square foot in Tega Cay was $150 in September 2019, up $10 per square foot compared with September 2018.
• Closed sales in Tega Cay increased 16.1% in September 2019 versus the same month one year ago.
• Pending sales increased 100% in Tega Cay in September 2019 versus the same month one year ago, no doubt helped by the 105% increase in new listings during September 2019.
• Median percent of original list price that sellers received for their homes in Tega Cay was 97.7%.
• Months supply of homes  in Tega Cay in September 2019 compared with one year ago was 3.1 months.
• Inventory of homes in September 2019 was up 12.1% compared with the same time period one year ago. 
• New listings were up 105% year-over-year in Tega Cay in September 2019.
  

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Wondering what the hot neighborhoods are in the Fort Mill/Tega Cay area? Click on the picture below to discover the 12 hottest Fort Mill neighborhoods.

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Fort Mill/Tega Cay Housing Market Update: August 2019

Fort Mill/Tega Cay Housing Market Update: July 2019

Fort Mill/Tega Cay Housing Market Update: June 2019

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

… 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.”