What Happened In York County, SC's Housing Market: 1st Quarter 2019?

By
Real Estate Agent with Coldwell Banker Residential Brokerage

 

York County, SC Housing Market Report: 

1st Quarter 2019

 

First Quarter 2019 York County, South Carolina home sales kept the county a seller's market with only 2.2 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 2019, York County saw inventory and months supply of homes decrease  compared with the same time frame one year ago. Days on market were flat, with homes selling in 49 days on average. Closed sales decreased, at least in part due to lack of affordable inventory. It should be pointed out that two of York County's fastest growing  areas saw increases in closed sales, no doubt helped by an increase in new listings -- Fort Mill's closed sales were up 4.6%, while Clover's closed sales were up 15.9% compared with the first quarter one year ago.   The average and median sale price of homes both increased in York County year-over-year.

 

York County, SC Housing Market Report Q1 2019

 

In the first quarter of 2019, York County saw a:

  • 3.3% increase in average sale prices (to 273,155) year-over-year.
  • 2.0% increase in median sale price (to $244,900) year-over-year.
  • 1.3% decrease in inventory of homes for sale year-over-year.
  • 4.9% decrease in closed sales year-over-year.
  • 7.5% decrease in the months supply of homes (2.2 months supply) year-over-year.
  • Days on market year-over-year were were essentially flat at 49 day.
  • 96.8% percent of original price received (flat year-over-year), indicating a small window of opportunity for buyers to negotiate on price.

 

 

 

 DETAILED REPORT FOR YORK COUNTY HOUSING MARKET

 

York County, SC Real Estate Report Quarter 1, 2019

 

 

SEARCH YORK COUNTY HOMES FOR SALE

 

Search York County, SC Homes For Sale 

 

 

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

 

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The Coldwell Banker Marketing Advantage

 

This quarterly York County housing market update is brought to you by Nina Hollander and Carolinas Realty Partners with Coldwell Banker Residential Brokerage, 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."

 

 

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 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

Nina Hollander

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Residential Brokerage
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From Charlotte/Ballantyne/Waxhaw/Fort Mill
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

2007 - 2018 Charlotte Magazine 5-Star Customer Satisfaction Award Winner

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

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Rainmaker
5,223,150
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local market reports.

Have an outstanding week.

Apr 22, 2019 05:43 AM #1
Rainmaker
1,553,478
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

What a great market to be licensed in Nina Hollander . I never would have retired if we had that kind of a market here.

Apr 22, 2019 05:49 AM #2
Rainmaker
1,508,074
Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Alexandria Virginia Homes For Sale

Nina, you always know the latest market trends in your area and York County is no exception. Buyers and sellers are in excellent hands when they enlist your expertise. 

Apr 22, 2019 05:51 AM #3
Rainmaker
2,940,472
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley good morning, Roy... wishing you a very good week ahead, as well.

Apr 22, 2019 06:28 AM #4
Rainmaker
2,940,472
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Bob "RealMan" Timm good morning, Bob... you never know... we now have over 10,000 agents chasing after fewer than 50,000 sales. With an average sale price of under $300K if every agent just did 5 sales, the commissions earned would leave little profit after expenses. So while the market is good, many agents are seriously struggling and some 20% earned less than $10K last year.

Apr 22, 2019 06:33 AM #5
Rainmaker
2,940,472
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Amanda S. Davidson thanks, Amanda. I strongly believe that the major value we bring to the table for our clients is our knowledge of the market place.

Apr 22, 2019 06:34 AM #6
Rainmaker
2,418,064
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Your reports are solid, anyone wanting to know what is going on in York County need only visit your blog!

Apr 22, 2019 07:23 AM #7
Rainmaker
2,940,472
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Brian England thank you, Brian. Now, if only a few more people actually read my market reports and called me!

Apr 22, 2019 07:41 AM #8
Rainmaker
1,138,333
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander -Great summary of how the market is doing in York County.  Your straight forward talk is reassuring to a client interested in this area. People don't want a lot of "fluff" when getting this information. You know how to provide what they need!

Apr 22, 2019 08:14 AM #9
Rainmaker
4,278,460
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

As usual you have shared with us a comprehensive market report on York County.  Anyone looking to move there or sell their home should contact you if they are in the market for superb representation.  A

Apr 22, 2019 09:07 AM #10
Rainmaker
2,940,472
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Sheri Sperry - MCNE® hi Sheri... thanks. I always say that on some level the numbers are what the numbers are... we do need to understand what they might mean down the road, but there's not reason to over-complicate the message.

Apr 22, 2019 09:25 AM #11
Rainmaker
2,940,472
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Ron and Alexandra Seigel thanks much, Alexandra... I so appreciate that vote of confidence, you have no idea!

Apr 22, 2019 09:26 AM #12
Ambassador
1,139,717
Jerry Newman
Brown Realty, 210-789-4216,www.JeremiahNewman.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Nina. It seems your Your County is still very much in a seller's market with that low inventory and only 49 days on the market. Buyers need your professional guidance in today's market. 

Apr 22, 2019 11:05 AM #13
Rainmaker
2,940,472
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Jerry Newman hi Jerry... there's not a singly county in the region in which I do business where it's anything but a seller's market and inventory is low in all of them.

Apr 22, 2019 11:21 AM #14
Ambassador
3,026,515
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

You really know your York County real estate. Thank you for sharing Nina Hollander 

Apr 22, 2019 09:37 PM #15
Rainmaker
5,223,150
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Tuesday morning, Nina.

Have a great day and an outstanding week.

Apr 23, 2019 03:56 AM #16
Rainmaker
2,940,472
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Paul S. Henderson, REALTOR®, CRS thanks, Paul. I try and keep on top of this data.

Apr 23, 2019 04:07 AM #17
Rainmaker
2,940,472
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley good Tuesday morning to you, Roy. Running off to a day-long presentation on combatting real estate fraud. Should be interest.

Apr 23, 2019 04:09 AM #18
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