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Fort Mill/Tega Cay, SC Housing Market Update And Video: August 2018
 
Fort Mill & Tega Cay, South Carolina Housing Market Update: August 2018
 
 
August 2018 home sales in the Fort Mill/Tega Cay, South Carolina areas of the Charlotte, NC metro region continued the trends we've seen throughout 2018 and since 2016 with steadily increasing home prices as inventory remains tight and as "affordable" homes become increasingly harder to find.
 
 
 
 

The average sale price of Fort Mill area homes increased by 4.1% to just under $341,000 compared with August 2017, while average days on market for property listings were 42 days, down 12.5%, and median days on market were just 17 days. Price per square foot also increased by 6.3% to $135/square foot in August 2018 versus the same period in 2017.
 
In Tega Cay,  home sale prices averaged just under $347,000 while average days on market were 46, down 35.2%, and median days on  market were 25.  Price per square foot in Tega Cay remained "steady" at $143/square foot in August 2018.
 
Closed sales of homes in Fort Mill during August 2018 increased by 9.3% compared with the same period last year. In Tega Cay, closed sales increased by 2.9% versus August 2017. Pending sales in August 2018 were also up by 2.1% in Fort Mill and up by 6.3% in Tega Cay versus August 2017. 
 
The median percent of original list price that sellers received for their homes ... more

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