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.
Want to know what this would mean for your family if you decide to buy or sell a Tega Cay home?
Tega Cay's motto is "Bonae Vitae/The Good Life" and once you visit and take a look around, you know exactly why that's so.
An upscale, lake-side community, Tega Cay provides a high quality of life, reasonable cost of living, and top-rated public schools. Its small-town feeling provides security and comfort, and sitting on Lake Wylie, it also provides virtually year-round recreation, including boating, golf, tennis, and more. Tega Cay's Park and Recreation Department is home to more than 4,500 participants annually and features youth baseball, flag football, soccer and softball. But adults are not left out with adult softball, kickball and senior games. And where else would you find both youth and adult croquet games?
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: