Tega Cay, South Carolina Real Estate Report/Housing Market
At A Glance: September 2019
Latest news on the Tega Cay real estate market and what it means for you...
Tega Cay, South Carolina real estate report/snapshot for September 2019. The Tega Cay housing market remained a seller's market in September 2019 with just 3.1 months of inventory, down year-over-year and month-over-month.
Pending sales were up in Tega Cay (+100%) in September compared with one year ago, no doubt helped by the substantial 105% increase in new listings. Tega Cay's closed sales increased 16.1% year-over-year.
On average, homes sold in under 45 days. Average days to sell decreased 24 days compared with September 2018. Median days on market were 21, also down 28 days yaer-over-year. With such a substantial increase in new listings in September, inventory also increased 12.1% compared with one year ago.
The average price of a sold home decreased 1.5%, while the median sale price increased 3.3%
Sellers received 97.7% of listing price in final sale price, showing some negotiating room for buyers, although not much.
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TEGA CAY HOUSING MARKET AT A GLANCE:
SEPTEMBER 2019 COMPARED WITH SEPTEMBER 2018
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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?
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MEDIAN HOME PRICE TRENDS IN TEGA CAY, SC
Tega Cay on Lake Wylie is All About Location, Location, Location and Lifestyle, Lifestyle, Lifestyle!
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:
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