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Tega Cay, SC Monthly Real Estate Report: August 2019

By Nina Hollander, Broker

Real Estate Agent with Coldwell Banker Realty 179530

September 18, 2019 01:30 PM

Tega Cay, South Carolina Real Estate Report/Housing Market

At A Glance: August 2019

Tega Cay, South Carolina real estate report/snapshot for August 2019. The Tega Cay housing market remained a seller's market in August 2019 with just 3.3 months of inventory, down 5.7% versus the same month one year ago.

Pending sales were up in Tega Cay (+63.3%) in August compared with one year ago, no doubt helped by the substantial increase in new listings. Tega Cay's closed sales decreased 8.3% year-over-year.

On average, homes sold in under 60 days. Median days on market were 33. The average price of a sold home increased 8.9%, while the median sale price increased 4.7%

Sellers received 96.2% of listing price in final sale price, showing some negotiating room for buyers, although not much.

Want to know what this would mean for your family if you decide to buy or sell a Tega Cay home?

We can help.

Call us today at 704-779-0813 or contact us here.

There’s absolutely NO OBLIGATION. A consultation with Carolinas Realty Partners is FREE.

MORE DETAILS ON HOW THE TEGA CAY HOUSING MARKET PERFORMED IN AUGUST 2019

TEGA CAY HOUSING MARKET AT A GLANCE:

AUGUST 2019 COMPARED WITH AUGUST 2018

Did you know...

Tega Cay has been ranked as the #2 best Charlotte suburb to live in and #2 in the Charlotte region as a best suburb to live in?

Why not check out...

THE 12 HOTTEST FORT MILL/TEGA CAY, SC NEIGHBORHOODS

SEARCH ALL TEGA CAY, SC AREA HOMES HERE

WONDERING WHAT YOUR TEGA CAY AREA HOME IS WORTH?

What's My Fort Mill Home Worth?

MEDIAN HOME PRICE TRENDS IN TEGA CAY, SC

Tega Cay on Lake Wylie is All About Location, Location, Location and Lifestyle, Lifestyle, Lifestyle!

In Polynesian, "tega cay" means beautiful peninsula... which is exactly what Tega Cay, South Carolina is... a beautiful 1600 acre peninsula on Lake Wylie just 20 miles south of Charlotte, North Carolina. The Tega Cay community began developing in the 1970's and was originally modeled after a Polynesia resort. It includes the Tega Cay Golf Club, a 27-hole golf course, a marina, the Tega Cay Beach & Swim Center, tennis courts at the Tega Cay Tennis Club, walking trails, waterfront parks and ball fields, and so much more. The town also has its own Police Department, Fire Department and Emergency Services Squad.

Tega Cay's motto is "Bonae Vitae/The Good Life" and once you visit and take a look around, you know exactly why that's so.

An upscale, lake-side community, Tega Cay provides a high quality of life, reasonable cost of living, and top-rated public schools. Its small-town feeling provides security and comfort, and sitting on Lake Wylie, it also provides virtually year-round recreation, including boating, golf, tennis, and more. Tega Cay's Park and Recreation Department is home to more than 4,500 participants annually and features youth baseball, flag football, soccer and softball. But adults are not left out with adult softball, kickball and senior games. And where else would you find both youth and adult croquet games?

This Charlotte, North Carolina real estate monthly update for 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 Tega Cay specialists. We've been opening doors for Tega Cay home buyers and sellers for 20+ years.

If you're considering selling or purchasing a home in the Tega Cay area 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."

Previous Tega Cay Housing Market Updates

Tega Cay Housing Market Update: July 2019

Tega Cay Housing Market Update: June 2019

Tega Cay Housing Market Update: May 2019

Tega Cay Housing Market Update: April 2019

Tega Cay Housing Market Update: March 2019

Tega Cay Housing Market Update: February 2019

Tega Cay Housing Market Update: January 2019

Tega Cay Housing Market Update: December 2018

Tega Cay Housing Market Update: November 2018

Tega Cay Housing Market Update: October 2018

Tega Cay Housing Market Update: September 2018

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Ron and Alexandra Seigel

Napa Consultants - Carpinteria, CA

Luxury Real Estate Branding, Marketing & Strategy

Nina,

What a wonderful description of Tega Cay you shared with your marketing report. I learned what Tega Cay means in Polynesian. A

Sep 18, 2019 01:43 PM

Roy Kelley

Gaithersburg, MD
Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Ron and Alexandra Seigel hi Alexandra... people who live in Tega Cay seem to love it...but it's really not quite as exotic as a Polynesian island!

Sep 18, 2019 02:56 PM

Sally K. & David L. Hanson

EXP Realty 414-525-0563 - Brookfield, WI

WI Real Estate Agents - Luxury - Divorce

Who wouldn't want to live on a "beautiful peninsula " ?

Sep 19, 2019 05:07 AM

Sally K. & David L. Hanson hi Sally and David... those who are lucky enough to have waterfront property in Tega Cay live the "beautiful penninsula life" every day.

Sep 19, 2019 05:23 AM

Sheri Sperry - MCNE®

Coldwell Banker Realty - Sedona, AZ

(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander,

Now I look forward to seeing how each community is ranked. I see Tega Cay is #2! I also like your explanation of the meaning of Tega Cay. A savvy buyer or seller will see that you are the expert in the Charlotte area and pick you to help them.

Sep 19, 2019 05:59 AM

Sheri Sperry - MCNE® hi Sheri... I think that when neighborhoods are rated as top places to live... we should be "publicizing" that in our posts and listings... people want that kind of information.

Sep 19, 2019 06:02 AM

Roy Kelley

Retired - Gaithersburg, MD

Thank you very much, Nina, for sharing your outstanding local market reports.

Sep 19, 2019 06:06 AM

Nina Hollander, Broker

Charlotte, NC

Roy Kelley thanks, Roy... done for the month... but I think the next month's reports will be due in a blink of an eye.

Sep 19, 2019 06:14 AM

Roy Kelley

Gaithersburg, MD

Paul S. Henderson, REALTOR®, CRS

Fathom Realty Washington LLC - Tacoma, WA

South Puget Sound Washington Agent/Broker!

You always seem to set the bar so high for anyone trying to match what you can do with your neighborhood market reports. Thank you Nina Hollander

Sep 20, 2019 07:33 AM

Paul S. Henderson, REALTOR®, CRS hi Paul... thanks... but at the end of the day, it's not that difficult to figure out what you message should be and then get the data.

Sep 20, 2019 08:31 AM

Paul S. Henderson, REA...

Tacoma, WA

You make it sound easy but I know you put a lot of work into it Nina Hollander

Sep 20, 2019 08:35 AM

Paul S. Henderson, REALTOR®, CRS Indeed I do, Paul. I come from the school of thought that anything worth doing is worth doing well.

Sep 21, 2019 06:20 AM

Myrl Jeffcoat

Sacramento, CA

Greater Sacramento Realtor - Retired

This is valuable real estate market data for home buyers and sellers in Tega Cay, Nina.

Sep 21, 2019 05:46 AM

Myrl Jeffcoat good morning, Myrl. Again thanks for popping by and wishing you a lovely weekend.

Sep 21, 2019 06:31 AM

Tega Cay, SC Monthly Real Estate Report: August 2019

Comments(14)

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