Home > Blogs > Nina Hollander, Broker > Real Estate News You Can Use From The Greater Charlotte Area

What Happened With York County, SC Home Sales In Quarter 1 - 2020?

By Nina Hollander, Broker

Real Estate Agent with Coldwell Banker Realty 179530

April 19, 2020 06:22 AM

York County, SC Housing Market Report:

1st Quarter 2020

Latest news on the York County, South Carolina real estate market and what it means for you...

First Quarter 2020 York County, South Carolina home sales kept the county a seller's market with just 1.7 months of inventory. York County includes the cities and towns of Clover, Catawba, Fort Mill, Lake Wylie, Rock Hill, Tega Cay, and York.

During the first quarter of 2020, York County experienced a drop in both inventory and months supply of homes compared with the same time frame one year ago. Days on market were 45 days, down 6.7%, while cumulative days on market dropped 7.5% to 55 days. Closed sales increased 1.1% year-over-year. Both the average and median sale prices of homes increased in York County year-over-year.

Clearly, these first quarter numbers do not reflect the outbreak of COVID-19 in March. Shelter at home orders in South Carolina and York County did not go into effect until April 1st, although school were closed earlier. What remains to be seen will be the impact of COVID-19 on York County's housing market in the second quarter of 2020.

Want to know what this would mean for your family if you decide to buy or sell a home in the Charlotte region?

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.

York County, SC Housing Market Highlights

Quarter 1, 2020 versus Quarter 1, 2019

In the first quarter of 2020, York County saw a:

4.7% increase in average sale prices (to 289,847) year-over-year.
6.2% increase in median sale price (to $262,250) year-over-year.
22.4% decrease in inventory of homes for sale year-over-year.
1.1% increase in closed sales year-over-year.
30.2% decrease in the months supply of homes (1.7 months supply) year-over-year.
Days on market year-over-year decreased 6.7% to 45 days compared with the first quarter of 2019.
97.4% of original price received, indicating a small window of opportunity for buyers to negotiate on price.

10 YEAR HISTORY OF MEDIAN HOME SALE PRICES IN YORK COUNTY, SOUTH CAROLINA

DETAILED REPORT FOR YORK COUNTY, SC HOUSING MARKET:

QUARTER 1, 2020

SEARCH YORK COUNTY HOMES FOR SALE

FIND OUT WHAT YOUR YORK COUNTY HOME MAY BE WORTH IN TODAY'S MARKET

The Coldwell Banker Marketing Advantage

This quarterly York County, SC housing market update is provided by Nina Hollander and Carolinas Realty Partners with Coldwell Banker Realty, your Charlotte metro area residential real estate experts. We've been opening doors for York County home buyers and sellers for 20+ years.

If you're considering selling or purchasing a home in York County, I'd love an opportunity to earn your business, exceed your expectations, and to show you how:

"The Right Broker Makes All The Difference."

Re-Blog

Comments(35)

Comment

Show All Comments

Sort:

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Kat Palmiotti hi Kat... I am not expecting a second quarter anything like the first or like the one the same time one year ago. This is all coming down in what should be the height of our selling season... we'll know soon enough in just a few weeks what April looks like.

Apr 19, 2020 08:55 AM

Kat Palmiotti

Kalispell, MT

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Nick Vandekar, 610-203-4543 hi Nick... I'm following the market closely... but withholding any assessment till the month of April ends and the numbers are in. I fully expect to see about a 20% decrease in activity...but we'll know soon enough. And hopefully me expectations are wrong.

Apr 19, 2020 08:58 AM

Nick Vandekar, 610-203...

Downingtown, PA

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Ron and Alexandra Seigel thanks, Alexandra. I sent all my Easter greetings to Russia earlier this morning... limited celebrations there as well. To this day I miss the Russian Church just one block north of us on Park Avenue at 93rd Street (we were on the northeast corner of Park at 92nd)... if I didn't go to the Easter service, I could open my windows and hear the singing right in my apartment.

Христос воскрес

Apr 19, 2020 09:03 AM

Paul S. Henderson, REALTOR®, CRS

Fathom Realty Washington LLC - Tacoma, WA

South Puget Sound Washington Agent/Broker!

I enjoyed your York county market update. I don't know the layout of your counties, but ours can misleading. The county I live in is huge with hundreds of miles of coastline and a population of less than 50 thousand when everyone that owns property is present. When I look at the demographics its scary.

I looked up York county and found it. I think you give us loads of information and are extremely thorough and I thank you...

I am just a market nerd I guess, who, has been shut in too long...

Happy Sunday Nina Hollander

Apr 19, 2020 09:27 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS hi Paul... no problem... I'm a bit of a numbers nerd/geek, myself, as you may have already surmised. I cover a territory with about a 50 mile radius of Charlotte, which puts me into two states, 4 counties where I sell regularly, plus another two or three counties where I sell from time to time. Lots of information to keep track of for me.

Apr 19, 2020 10:06 AM

Paul S. Henderson, REALTOR®, CRS

Fathom Realty Washington LLC - Tacoma, WA

South Puget Sound Washington Agent/Broker!

I can see that you are a numbers person and I really can appreciate the time you put in, you are a true professional. Thank you for being you ...

Apr 19, 2020 10:30 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS you're welcome Paul! Then again, if I wasn't me, who would I be? :)

Apr 19, 2020 01:11 PM

Sheri Sperry - MCNE®

Coldwell Banker Realty - Sedona, AZ

(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander - Very nice numbers for York County for the 1st Q. Your clients know they can expect to get the very best information available to help them with their real estate decisions.

Apr 19, 2020 06:10 PM

Nina Hollander, Broker

Charlotte, NC

Sally Crane

WMS - Unity, WI

Woodland appraisal support.

Thanks for the update Nina, all the best to you as you get many of these properties listed and sold.

Sally

Apr 19, 2020 07:15 PM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Sheri Sperry - MCNE® good morning, Sheri... thank you for the nice comment... I'm afraid that second quarter numbers won't be anywhere as good as in the first quarter.

Apr 20, 2020 05:46 AM

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Sally Crane good morning, Sally... thanks for stopping by. Trust you had a nice weekend and are looking forward to a good week ahead.

Apr 20, 2020 05:46 AM

Sally Crane

Unity, WI

Grant Schneider

Performance Development Strategies - Armonk, NY

Your Coach Helping You Create Successful Outcomes

Good morning Nina Hollander - we will certainly learn much for the next set of market reports.

Apr 20, 2020 06:19 AM

Roy Kelley

Gaithersburg, MD
Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Grant Schneider hi Grant... you said a mouthful! I know our office numbers are down about 30% for new listings and new contracts... and we are doing better than many other offices in town.

Apr 20, 2020 06:44 AM

Debb Janes

Nature As Neighbors - Camas, WA

Put My Love of Nature At Work for You

It will be interesting, as others mention, to see what the next report reflects. The momentum carried most markets through the first quater. Looks like you're hitting the week running. Always a good thing. Happy Monday.

Apr 20, 2020 07:21 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Debb Janes EcoBroker and Bernie Stea JD good morning, Debb... there can't be any doubt that April's numbers and the second quarter number will halt the momentum we've had for some 5 years now... the question isn't if, but by how much. Happy Monday to you.

Apr 20, 2020 07:30 AM

Roy Kelley

Retired - Gaithersburg, MD

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

Apr 20, 2020 08:17 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Roy Kelley thanks, Roy, for stopping by this Monday morning... wishing you a good rest of the day.

Apr 20, 2020 08:20 AM

Lise Howe

Keller Williams Capital Properties - Washington, DC

Assoc. Broker in DC, MD, VA and attorney in DC

Glad that you had a strong first quarter in York County SC in the ist quarter of 2020.

Apr 21, 2020 06:30 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Lise Howe hi Lise... our first quarter was strong across the board in my primary markets... it's the second quarter that is concerning. Time will tell.

Apr 21, 2020 07:21 AM

Joe Manausa - Tallahassee, FL

Joe Manausa Real Estate - Tallahassee, FL

Tallahassee Real Estate

Thank you for sharing information about your local housing market. I find it interesting to see the various differences from markets around the US.

Apr 11, 2021 03:04 AM