The Waxhaw area housing market remained a seller’s market in February 2021 with continued significant decreases in inventory. With 70.6% less inventory year-over-year and fewer new listings, average days on market decreased, as did closed sales. All of this kept the Waxhaw area a home sellers’ market.
Ballantyne remained a seller’s market in February 2021. Months supply of inventory was down (54.5%) compared with February 2020 to 0.5 months supply. Housing inventory was down 59.2% year-over-year, resulting in lower days on market, higher median home prices with sellers receiving a median 100% of asking price in final sale price.
January 2021 saw continued strengthening in the luxury homes market in the Charlotte region versus January 2020, despite the ongoing pandemic. Inventory and months supply of luxury homes were significantly down, as were average and median days on market. Pending and closed sales were up significantly year-over-year.
January 2021 saw a continued strengthening in the greater Charlotte region housing market, despite the ongoing pandemic. Home prices continued to increase. Days on market, inventory, and months supply of homes were substantially lower than in January 2020. Mecklenburg, Union, Lancaster and York Counties in the Charlotte region essentially mirrored the overall housing market activity.
Tega Cay, South Carolina remained a home seller’s market in January 2021. Tega Cay’s housing market experienced much lower inventory levels and days on market in the month of January, along with higher home sale prices. Buyer demand for Tega Cay homes continued to outstrip supply of homes for sale with closed and pending sales up significantly.
Indian Land, South Carolina housing market unquestionably remained a seller’s market in January 2021, despite the ongoing pandemic. Home prices increased, homes sold quickly with both average and median days on market significantly lower. The months supply of homes was critically low at 0.8 months and housing inventory also dropped by more than 60% year-over-year.
Matthews (28105 zip code) housing market remained a home seller’s market in January 2021, evidenced by extremely low inventory, barely over a one-half month’s supply of inventory, significant decreases in days on market, decrease in new listings, and increases in home prices. Pent-up buyer demand remains greater than the supply of homes to purchase.
Ballantyne remained a seller’s market in January 2021. Months supply of inventory was down (54.5%) compared with January 2020 to 0.5 months supply. Housing inventory was down 60.5% year-over-year, resulting in lower days on market, higher home prices with sellers receiving a median 100% of asking price in final sale price.