Lake Wylie, SC Housing Market Report For April 2025Market Trends For Home Prices, Sales, Inventory, Days on Market In April In April 2025, the average home sale price was $538,997, down 3.27% from $557,222 in March and 21.94% lower than $690,000 in April 2024. The median sale price was $469,985, an 18.26% drop from $575,000 in March and 26.45% lower than $639,000 in April 2024. Both median and average sale prices were at their lowest level in 2025 compared with April 2024 and 2023. It's noteworthy that these declines are based on just five April 2025 sales—less than half the number in April 2024—and a different mix of home prices. April 2025 sales ranged from $250,000 to $815,000, while April 2024 included sales up to $1.7 million, with four sales above $630,000. Homes took longer to... 05/31/2025

Tega Cay, SC Housing Report For April 2025Market Trends For Home Prices, Sales, Inventory, Days on Market In April In April 2025, Tega Cay’s real estate market showed stable, but mixed activity.   Inventory rose slightly to 105 properties, the highest level in three years. Tega Cay real estate inventory increased 41.89% compared with April 2024.  Despite the increase, the months supply of inventory declined to 5.25 months from 7.36 in March, signaling a return to a balanced market after favoring buyers in the first three months of 2025. New listings remained steady at 26 both month-over-month and year-over-year. Closed sales increased to 20, up from 14 in March but still below the 24 sales seen in April 2024.  Average days on market were 53, down from 64 the previous month, but still co... 05/28/2025

Fort Mill, SC Housing Report For April 2025Market Trends For Home Prices, Sales, Inventory, Days on Market In April In April 2025, Fort Mill home sales rose for a second consecutive month, jumping 31.9% to 153 from 116 in March. Compared with April 2024, sales were up 57.73%, though still 67 below April 2023 sales. Closed sales were at their highest level since June 2023.  New listings increased a fourth consecutive month, rising 14.14% from March and 8.13% year-over-year reaching 226 and higher than April 2023, as well.  Inventory climbed for the fifth month in a row, up 5.34% from March to 513--the highest level in three years. Despite the rise in listings and inventory, months supply of inventory declined to 3.35 from 4.23, signaling a shift back to a seller’s market.  Average days o... 05/27/2025

 March 2025 Tega Cay, SC Housing ReportPrices, Sales, Inventory, Days on Market Trends INVENTORY & MONTHS SUPPLY OF INVENTORY Cay had 103 homes for sale in March 2025, unchanged from February. Both months represented the highest inventory levels seen in the past three years. Inventory increased from 78 homes in March 2024 and 73 homes in March 2023. The months supply of inventory rose to 7.36 months in March, up from 6.67 in the previous month of February. Tega Cay continued to favor home buyers during the first quarter of 2025. NEW LISTINGSMarch 2025 saw 25 new listings, just one more than February. This was three fewer than the 28 new listings in March 2024 and two fewer than the 27 new listings in March 2023. HOME SALESHome sales totaled 14 in March 2025, down from 15 in February, 18... 04/28/2025

February 2025 Lake Wylie, SC Housing Market Report:Prices, Sales, Inventory TrendsLake Wylie’s real estate market in February 2025 saw an overall decline in home sale prices, with the exception of a 1.8% year-over-year increase in the median sale price. However, with only nine total sales, these price fluctuations mostly reflect the price mix of homes sold rather than a significant shift downwards in home values. The number of properties sold surged 80% compared with the previous month, but remained down nearly 31% year-over-year.  After reaching a three-year high in January, the average days on market fell 46% to 75 days in February 2025. New listings remained scarce, increasing slightly month-over-month by three properties, but continuing to lag behind February 2024 and 2023 levels. I... 03/28/2025

February 2025 Tega Cay, SC Housing Market Report: Prices, Sales, Inventory Trends In February 2025, Tega Cay experienced a significant rise in both median and average home prices, both month-over-month and year-over-year. The real estate market also saw its highest level of home inventory in three years. The average days on market increased by nine days compared with the previous month and by eight days from February 2024. New listings remained relatively stable, with just one additional listing month-over-month, though they were down by five compared with the previous year.  Home sales surged by over 36% from the prior month but declined by 37.5% year-over-year. The months supply of inventory fell to 6.67 months from 8.27 months, nonetheless keeping Tega Cay in home buyer "territory." ... 03/22/2025

February 2025 Fort Mill, SC Housing Market Report:Prices, Sales, Inventory Trends Fort Mill median and average home sale prices saw a slight decline from the previous month but reached their highest levels compared with February 2024 and 2023. In Fort Mill, home sale prices ranged from under $200,000 to $1,350,000. The month-to-month decrease in average and median sale prices was likely influenced more by the mix of homes sold in February rather than by a drop in home values. Home sales in Fort Mill declined for the fourth consecutive month in February 2025 but remained steady year-over-year and exceeded levels from two years ago.  New listings rose 30.7% from the previous month and surged 83% compared to February 2024. The average days on the market increased by one day month-over-mont... 03/20/2025

 January 2025 Lake Wylie, SC Housing Market Report:Prices, Sales, Inventory Trends In January 2025, Lake Wylie real estate saw home sale prices rise compared to the previous month but decline year-over-year. The number of properties sold dropped to the second-lowest level in three years, while average days on market reached a three-year high.  New listings remained scarce, increasing by just two properties month-over-month but falling significantly compared to January 2024 (down 40% YOY) and 2023. Inventory declined for the third consecutive month. Despite the limited supply of new listings and overall inventory, the months supply of inventory stood at 15 months, reinforcing Lake Wylie as a buyer’s market. The list-to-sale price ratio of 95.55% gave buyers room to negotiate. However, it... 02/27/2025

January 2025 Tega Cay, SC Housing Market Report:Prices, Sales, Inventory Trends In January 2025, Tega Cay real estate reached its highest level of home inventory in three years. The average days on market rose by seven days compared with the previous month but remained 18 days lower than at the same time last year. While new listings increased month-over-month, they showed little change year-over-year. Sales nearly doubled from December, but declined compared with January 2024. With a months supply of inventory of 8.27 months, Tega Cay transitioned into a buyer’s market in January. The list-to-sale price ratio held steady at 98.61% from the previous month and improved by 1.97% from the prior year. Despite increased inventory and new listings, buyers had only a narrow window to negotiate... 02/22/2025

January 2025 Fort Mill, SC Housing Market Report:Prices, Sales, Inventory Trends Fort Mill real estate in January 2025 (zip codes 29715 and 29708) experienced an increase in average home sale price compared with the previous month, while remaining flat year-over-year. The median sale price rose both month-over-month and year-over-year. Home sales declined for the third consecutive month but reached their highest level for any January in the past three years. New listings surged by 75% from the previous month and nearly 43% compared with January 2024. The average days on market increased by 13 days month-over-month and were 8 days higher than the same time last year. Inventory levels remained unchanged from the prior month but were more than 51% higher than in January 2024. The 5.04 mont... 02/20/2025

Baxter Village Neighborhood In Fort Mill, SCReal Estate Report 2024 For Single Family & Town Homes + Neighborhood Spotlight Baxter Village Single Family Homes UpdateIn 2024, the median home sale price in Baxter Village rose by 3% compared with the previous year, while the average sale price saw a 5% year-over-year increase. The average price per square foot also grew by 5%, reaching $284. The number of properties sold remained steady at 55, matching the previous year's total. Homes saw an average days on market of 16 days, a 6% decrease from the prior year. Limited inventory kept the list-to-sale price ratio unchanged at 99.8%, leaving buyers with little room for negotiation. With only 0.42 months supply of inventory—consistent with the previous year—Baxter Village remained a strong hom... 02/01/2025

Snapshot: Fort Mill Real Estate Metrics for February 2024Welcome to Fort Mill! Fort Mill is rocking the scene as one of the most bustling real estate markets in the Charlotte Metro region. With Charlotte just a stone's throw away, situated right on the border of North and South Carolina, Fort Mill finds itself in an enviable location. Not to mention, you might find yourself cruising to Uptown Charlotte even faster from Fort Mill than from some spots within Charlotte. The charm of Fort Mill doesn't end with its warm embrace. This town presents a delightful mix of housing options, catering to every home buyer. Whether you're searching for a quaint lakeside cottage, a luxurious golf course estate or a convenient, walkable condo in a mixed-use community, Fort Mill has it all. And let's talk... 02/16/2024

Latest news on the Tega Cay, SC housing market in November 2023...What you need to know now... Key take-aways about the Tega Cay housing market in November 2023:  Average home sale price improved month-over-month, but declined year-over-year. Median home sale price declined both month-over-month and year-over-year. The decline in median sale price can be attributed to the price mix of homes sold in Tega Cay in November 2023 and not necessarily to a decline in home values.  Inventory declined month-over-month and increased by one home year-over-year. Despite the decline in inventory and new listings, the months supply of inventory at 3.68 months (down from 5.19 months one month ago) put Tega Cay back into "seller territory." New listings declined 36+% from October 2023 and 40% from Novem... 12/28/2023

Latest news on the Fort Mill, SC real estate market in November 2023...What you need to know... Key take-aways about the Fort Mill SC (29715 and 29708 zip codes) November 2023 housing market include: Sales held steady from October 2023, but declined compared with November one year ago. New listings declined for an ninth consecutive month. November 2023 saw the lowest level of new listings since February 2023. Housing inventory declined month-over-month and year-over-year. The 3.54 months of inventory was slightly lower compared with the prior month and is still keeping Fort Mill in "seller territory." Days on market increased to 31 days in November. DOM were higher than in October, but flat compared with November 2022. List to sale price ratio was 99.2% providing minimal room for home b... 12/28/2023

Snapshot: Fort Mill Real Estate Metrics for December 2023Welcome to Fort Mill! Fort Mill is rocking the scene as one of the most bustling real estate markets in the Charlotte Metro region. With Charlotte just a stone's throw away, situated right on the border of North and South Carolina, Fort Mill finds itself in an enviable location. Not to mention, you might find yourself cruising to Uptown Charlotte even faster from Fort Mill than from some spots within Charlotte. The charm of Fort Mill doesn't end with its warm embrace. This town presents a delightful mix of housing options, catering to every home buyer. Whether you're searching for a quaint lakeside cottage, a luxurious golf course estate or a convenient, walkable condo in a mixed-use community, Fort Mill has it all. And let's talk... 12/16/2023

Latest news on the Tega Cay, SC housing market in October 2023...What you need to know now... Key take-aways about the Tega Cay housing market in October 2023:  Average home sale price declined month-over-month and increased slightly year-over-year. Median home sale price declined from September 2023 and increased compared with October 2022. Inventory declined month-over-month and year-over-year. Despite the decline in inventory and new listings, the months supply of inventory at 5.19 months kept Tega Cay a balanced market between home buyers and home sellers in October. New listings declined 47+% from September 2023. Compared with October one year ago, new listings declined almost 35%. Days on market increased 16 days from September to 31 days.  Sold properties declined from the previo... 11/29/2023

Latest news on the Fort Mill, SC real estate market in October 2023...What you need to know... Key take-aways about the Fort Mill SC (29715 and 29708 zip codes) October 2023 housing market include: Sales declined slightly from September and 9.09% year-over-year. New listings declined for an eight consecutive month. October 2023 saw the lowest level of new listings since February 2023. Housing inventory declined month-over-month and year-over-year. The 3.69 months of inventory was flat compared with the prior month. Days on market were flat at 19 days compared with the previous month of September. October days on market were also 11 days lower than the year-to-date DOM in Fort Mill. List to sale price ratio was 99.32% providing minimal room for home buyers to negotiate on price. The list... 11/27/2023

Snapshot: Fort Mill Real Estate Metrics for October 2023Welcome to Fort Mill! Fort Mill is rocking the scene as one of the most bustling real estate markets in the Charlotte Metro region. With Charlotte just a stone's throw away, situated right on the border of North and South Carolina, Fort Mill finds itself in an enviable location. Not to mention, you might find yourself cruising to Uptown Charlotte even faster from Fort Mill than from some spots within Charlotte. But the goodness doesn't stop there. The welcoming town of Fort Mill opens its arms to a diverse array of home styles to suit every taste, whether you're looking for a cozy lake cottage, a sprawling home on the golf course or a condo in a pedestrian-friendly, live-work community. How about communities with pools, riding stab... 10/28/2023

SOLD & CLOSED IN FORT MILL'S MASSEY NEIGHBORHOODNEW CONSTRUCTION: 5005 KETTERING AVENUE My clients, who relocated to Greater Charlotte late in 2022 and who were referred to me by their aunt, a previous client of mine, have just closed on their dream home in Fort Mill's Massey neighborhood. Final sale price was $645,783. My clients wanted a home with at least four bedrooms with one guest suite on the main floor, a home office, a large, open kitchen, high ceilings.  A new construction home was also on their wish list, as was a top school district and easy access to I-77 and Uptown Charlotte. Taylor Morrison's 1.5 story Pikewood Plan in Massey totally fit the bill, featuring 3 bedrooms/3.5 bathrooms plus a study/home office on the main floor, a huge kitchen with an enormous island with a h... 10/20/2023

Baxter Village Neighborhood in Fort Mill, SC Real Estate Report & Neighborhood Spotlight: Quarter 3 - 2023 Home Prices Increase | Days On Market Low At 15 Days Baxter Village Single Family HomesBaxter Village average home prices increased 5% in Quarter 3-2023 compared with the same quarter one year ago. Average home prices also increased from the Second Quarter 2023. Median home sale prices declined both quarter-over-quarter and year-over-year, most likely due to the price mix of homes that sold in the Third Quarter. Although the number of homes sold was double that of what we saw in the First Quarter 2023, 20 sales in a community with over 1,400 homes is a drop in the bucket. This lack of inventory accounts for both higher average sale prices and a list to sale price ratio of over 100%... 10/13/2023