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 (12 comments)
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 (26 comments)
Housing Inventory Drops To 1.65 Months In August, Keeping Tega Cay A Home Seller's Market Closed Sales Up 119.05% Over July
Key take-aways about the Tega Cay housing market in August 2023: Average and median home sale prices declined month-over-month and year-over-year. Inventory declined compared with July and with August one year ago. August's housing inventory was at its lowest in 2023 since April resulting in a decline in the months supply of inventory to just 1.65 months. New listings decreased from (24 comments)
Key take-aways about the Tega Cay housing market in May 2023: Average home sale prices held their own in May 2023, remaining equal to April 2023 and up compared with May 2022. Inventory increased slightly both month-over-month and year-over-year. New listings were at their highest levels since August 2022. Days on market increased month-over-month and year-over-year, but were still relatively low at 30 days and also lower than the year-to-date DOM average of 33 days. Sold properties were at their (14 comments)
Key take-aways about the Tega Cay housing market in April 2023: Median home prices increased year-over-year and month-over-month. Inventory dropped from March 2023, up slightly over April 2022. This was the lowest level of inventory Tega Cay has seen since April 2022. New listings down year-over-year and unchanged month-over-month. Days on market dropped to 23 days in April, declining 18 days from March. Lack of inventory and new listings is helping homes sell more quickly. Sold properties at their lowest (22 comments)
Key take-aways about the Tega Cay housing market in February 2023: Average home prices essentially flat month-over-month and year-over-year; median home prices down. Inventory up very slightly (by two homes) compared with February 2022; down month-over-month. New listings down year-over-year and month-over-month. Days on market up year-over-year and month-over-month. Sold properties up month-over-month; down by two homes year-over-year. At 98.1% list to sale price ratio up slightly month-over-month, down year-over-year. TEGA CAY HOUSING MARKET HIGHLIGHTS: FEBRUARY 2023 HOUSING INVENTORY SLIGHTLY HIGHER YEAR-OVER-YEAR (14 comments)
Key take-aways about the Tega Cay real estate in January 2023: Higher home prices year-over-year. Inventory up very slightly (by one home) compared with January 2022. New listings down year-over-year. Days on market up substantially year-over-year, but down month-over-month. Sold properties decreased year-over-year and month-over-month. At 97.8% list to sale price ratio, this was the lowest Tega Cay has seen in three years. TEGA CAY HOUSING MARKET HIGHLIGHTS: JANUARY 2023
HOUSING INVENTORY UP SLIGHTLY YEAR-OVER-YEAR | NEW LISTINGS DOWN YEAR-OVER-YEAR, UP MONTH-OVER-MONTH Tega (24 comments)
Tega Cay real estate home prices increased year-over-year, but pulled back month-over-month in December 2022. And while, days on market increased, inventory was down as were new listings. Months supply of inventory was flat year-over-year and down month-over-month. After doubling, year-over-year, in November, December closed homes sales dropped 32%. Lack of inventory and fewer new listings contributed to the lower home sales.
TEGA CAY HOUSING MARKET HIGHLIGHTS: DECEMBER 2022 VERSUS DECEMBER 2021
HOUSING INVENTORY DOWN & NEW LISTINGS DOWN YEAR-OVER-YEAR IN DECEMBER 2022 Tega Cay's months (12 comments)
tega cay sc: Tega Cay, SC Home Sales Up 126% In November 2022. Prices Up, Too.
- 12/17/22 05:04 AM
Latest news on the Tega Cay, SC real estate market in November 2022... What you need to know... What it means for you... Tega Cay real estate home prices increased significantly year-over-year and month-over-month in November 2022. And while days on market increased, inventory was down as were new listings. Months supply of inventory also dropped in November. Although days on market increased, homes still sold in under one month, on average. Home sales more than doubled, increasing 126.1% in November despite less foot traffic year-over-year.
TEGA CAY HOUSING MARKET HIGHLIGHTS: NOVEMBER 2022 VERSUS NOVEMBER 2021
HOUSING INVENTORY DOWN & NEW LISTINGS DOWN YEAR-OVER-YEAR IN NOVEMBER 2022 Tega Cay's (22 comments)
Tega Cay real estate saw a small cooling in October, but nothing drastic. Inventory was up (equal to four additional homes on the market year-over-year), but new listings were down. The median list to sale ratio dropped year-over-year and month-over-month to just under 100%. Home prices were higher year-over-year, but lower month-over-month. By the same token, homes sold more quickly and average days on market dropped compared with October 2021 and September 2022.
TEGA CAY HOUSING MARKET HIGHLIGHTS: OCTOBER 2022 VERSUS OCTOBER 2021
Tega Cay real estate kept home sellers in the driver's seat in September 2022, evidenced by year-over-year key indicators such as less housing inventory, higher home sale prices, fewer new listings in September 2022 compared with September 2021. By the same token, we saw a shift in the Tega Cay market with an increase in days on market, with the average days on market of 33 the highest since November 2020. Home prices month-over-month were also lower in September 2022 compared (22 comments)
Tega Cay real estate kept home sellers in the driver's seat in August 2022, evidenced by year-over-year key indicators such as less housing inventory, higher home sale prices with average home sale prices setting a new record, fewer days on market, fewer new listings in August 2022 compared with August 2021.
TEGA CAY HOUSING MARKET HIGHLIGHTS: AUGUST 2022 VERSUS AUGUST 2021
HOUSING INVENTORY & NEW LISTINGS DOWN YEAR-OVER-YEAR IN AUGUST 2022 Tega Cay's months of housing inventory was 1.1 months, flat year-over-year, but down 0.1 (26 comments)
Tega Cay real estate kept home sellers in the driver's eat in July 2022, evidenced by key indicators such as less housing inventory, higher home sale prices, fewer days on market, fewer new listings in July 2022 compared with July 2021.
TEGA CAY HOUSING MARKET HIGHLIGHTS: JULY 2022 VERSUS JULY 2021
HOUSING INVENTORY & NEW LISTINGS DOWN YEAR-OVER-YEAR IN JULY 2022 Tega Cay's months of housing inventory was 1.2 months, up 0.1 month year-over-year, but down 0.1 months from June 2021. Housing inventory was down (22 comments)
Tega Cay, South Carolina's median home prices reached record highs in May 2022. Home sellers enjoyed higher list to sale ratios, as well, at 104.1%, up 3.0% year-over-year. This, along with significantly less housing inventory and barely a two week supply of homes, kept Tega Cay a home seller's market in May 2022.
TEGA CAY HOUSING MARKET HIGHLIGHTS: MAY 2022 VERSUS MAY 2021
HOUSING INVENTORY REMAINED VERY LOW IN MAY Tega Cay's months of housing inventory was 0.6 months, down 45.5% year-over-year from 1.1 (18 comments)
Tega Cay, South Carolina housing market remained very much a home seller's market in March 2022 evidenced by key indicators such as lower months supply of homes, significantly less housing inventory, higher home prices, fewer days on market, and a list to sale price ratio of over 103%. in March 2022 compared with March 2021.
TEGA CAY HOUSING MARKET HIGHLIGHTS: MARCH 2022 VERSUS MARCH 2021
Tega Cay's months of housing inventory was 0.3 months, down 75% year-over-year from 1.2 months in March 2021 and 3.0 months (16 comments)
Tega Cay, South Carolina housing market remained very much a home seller's market in February 2022 evidenced by key indicators such as lower months supply of homes, less housing inventory, and higher home prices in February 2022 compared with February 2021.
TEGA CAY HOUSING MARKET HIGHLIGHTS: FEBRUARY 2022 VERSUS FEBRUARY 2021
Tega Cay's months of housing inventory was 0.5 months, down 54.5% year-over-year from 1.1 months in February 2021 and 2.8 months in February 2020. The months of housing inventory also dropped 0.2 months from January (22 comments)
TEGA CAY HOUSING MARKET HIGHLIGHTS: JANUARY 2022 VERSUS JANUARY 2021
Tega Cay, South Carolina housing market remained very much a home seller's market in January 2022, evidenced by key indicators such as lower months supply of homes, less housing inventory, and fewer days on market in January 2022 compared with January 2021.
Tega Cay's months of housing inventory was 0.7 months, down 41.7% year-over-year from 1.2 months in January 2021 and 2.6 months in January 2020. Housing inventory was down 45.7% year-over-year. New listings decreased 38.2% (26 comments)
TEGA CAY HOUSING MARKET HIGHLIGHTS: DECEMBER 2021 VERSUS DECEMBER 2020
Tega Cay, South Carolina housing market remained very much a home seller's market in December 2021, evidenced by key indicators such as lower months supply of homes, less housing inventory, and fewer days on market in December 2021 compared with December 2020.
Tega Cay's months of housing inventory was 0.7 months, down 41.7% year-over-year from 1.2 months in December 2020 and 2.5 months in December 2019. Housing inventory was down 39.5% year-over-year. New listings increased 25% (14 comments)
Tega Cay, South Carolina housing market remained very much a home seller's market in November 2021 evidenced by key indicators such as lower months supply of homes, significantly less housing inventory, fewer days on market, and fewer new listings in November 2021 compared with November 2020.
Tega Cay's months of housing inventory was 0.6 months, down 57.1% year-over-year from 1.4 months in November 2020 and 2.6 months in November 2019. The months supply of housing inventory was also down month-over-month. Housing inventory was down 53.1% (21 comments)
Tega Cay, South Carolina housing market remained very much a home seller's market in October 2021 evidenced by key indicators such as lower months supply of homes, significantly less housing inventory, fewer days on market, and no increase in new listings in October 2021 compared with October 2020. The price per square foot for Tega Cay homes reached a historic high in October 2021. Price per square foot was $190, up $38 (+25%) per square foot versus the same month one year ago.