Tega Cay Real Estate Report: October 2019

Tega Cay Housing Market Update October 2019

Tega Cay, SC real estate report and housing market snapshot for October 2019. Tega Cay remains a seller’s market with lower inventory, fewer days on market, fewer new listings and just 2.4 months supply of homes. Both closed and pending sales were up substantially in October compared with one year ago.

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

Fort Mill Housing Market Snapshot September 2019

How did the Fort Mill and Tega Cay housing markets do in September 2019? The Fort Mill and Tega Cay, SC housing markets remained seller markets in September 2019 with three months or less of inventory in both towns. Overall housing inventory in Fort Mill was down year-over-year, despite an increase in new listings. However, the increase in new listings helped bump up Fort Mill’s closed sales in September. Tega Cay saw a significant increase in new listings and inventory resulting in increased closed and pending sales.

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

Fort Mill Housing Market Snapshot August 2019

How did the Fort Mill and Tega Cay housing markets do in August 2019? Both the Fort Mill and Tega Cay, SC housing markets remained seller markets in August 2019 with both towns having less than four months of inventory causing a drop in closed sales. In Fort Mill, new listings were down, as was inventory and the months supply of homes. In Tega Cay, the months supply of homes was down, while inventory increased slightly. A large increased in new listing in Tega Cay caused a large increase in pending sales in August.

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

Fort Mill SC Housing Market Snapshot July 2019

How did the Fort Mill and Tega Cay housing markets do in July 2019? Both the Fort Mill and Tega Cay, SC housing markets remained seller markets in July 2019, characterized by decreasing inventory and months supply of housing compared with July 2018. Pending sales were up in both Fort Mill (+8.7%) and Tega Cay (+5.1%) in July. Closed sales were up 6.7% in Fort Mill and in Tega Cay they increased 18.2%. New listings were down substantially in Fort Mill (-16%), but up in Tega Cay (+66.7%). On average, homes are selling in under 60 days in both towns.

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

Tega Cay Housing Snapshot June 2019

How did the Fort Mill and Tega Cay housing markets do in June 2019? Both the Fort Mill and Tega Cay, SC housing markets remained seller markets in June 2019, characterized by decreasing inventory and months supply of housing compared with June 2018. Pending sales were up considerably in both Fort Mill (+64.9%) and Tega Cay (+35%) in June. While closed sales were down 5% in Fort Mill, in Tega Cay they increased 7%. Median days on market have homes selling in under 18 days in both Fort Mill and Tega Cay. New listings increased in both towns.

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

Tega Cay Housing Market Snapshot May 2019

How did the Fort Mill and Tega Cay housing markets do in May 2019? Both the Fort Mill and Tega Cay, SC housing markets remained seller markets in May 2019, characterized by decreasing inventory and months supply of housing compared with May 2018. Homes in both Fort Mill and Tega Cay sold more quickly both in May 2019 as compared with May 2018 and compared with the prior month of April. Pending sales were up considerably in both Fort Mill (+25.1%) and Tega Cay (+44.1%) in May. While closed sales were down somewhat in Fort Mill, in Tega Cay they increased 21.9%.

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

Fort Mill Housing Market Snapshot April 2019

How did the Fort Mill and Tega Cay housing markets do in April 2019? Both the Fort Mill and Tega Cay, SC housing markets remained seller markets in April 2019, characterized by decreasing inventory and months supply of housing compared with April 2018. Average home prices and pending sales increased year-over-year in both Fort Mill and in Tega Cay. While new listings were up in April in Fort Mill, they were down in Tega Cay.

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

Fort Mill Housing Report March 2019

How did the Fort Mill and Tega Cay housing markets do in March 2019? Both the Fort Mill and Tega Cay, SC housing markets remained seller markets in March 2019, characterized by decreasing inventory, decreasing months supply of housing, and decreasing new listings compared with March 2018. Average home prices increased year-over-year in Fort Mill and in Tega Cay.

Fort Mill & Tega Cay, SC Housing Market Update/Videos: February 2019

Fort Mill Sc Housing Report February 2019

Fort Mill and Tega Cay, South Carolina Housing Market Update: February 2019. Both the Fort Mill and Tega Cay, SC housing markets remained seller markets in February 2019 characterized by decreasing inventory and months supply of housing in both areas, as well as decreasing days on market. Fort Mill home prices increased in February, as did closed and pending sales. Home prices decreased slightly in Tega Cay in February year-over-year, but increased significantly over the prior month.

Fort Mill & Tega Cay, SC Housing Market Update/Videos: January 2019

Fort Mill and Tega Cay, South Carolina Housing Market Update: January 2019. Both the Fort Mill and Tega Cay, SC housing markets remained seller markets in January 2019 characterized by inventory and months supply of housing decreasing both areas. Average and median sale prices also dropped in both Fort Mill and Tega Cay in January 2019 compared with one year ago. Closed sales in Tega Cay were up, but down in Fort Mill. Pending sales were down in Tega Cay, but up in Fort Mill. New listings were down double-digits in Tega Cay and up slightly in Fort Mill.