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Tega Cay, SC Monthly Real Estate Report/Snapshot: September 2019

By Nina Hollander, Broker

Real Estate Agent with Coldwell Banker Realty 179530

October 24, 2019 04:22 AM

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?

We can help.

Call us today at 704-779-0813 or contact us here.

There’s absolutely NO OBLIGATION. A consultation with Carolinas Realty Partners is FREE.

MORE DETAILS ON HOW THE TEGA CAY HOUSING MARKET PERFORMED IN SEPTEMBER 2019

TEGA CAY HOUSING MARKET AT A GLANCE:

SEPTEMBER 2019 COMPARED WITH SEPTEMBER 2018

Did you know...

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?

Why not check out...

THE 12 HOTTEST FORT MILL/TEGA CAY, SC NEIGHBORHOODS

SEARCH ALL TEGA CAY, SC AREA HOMES HERE

FREE Fall 2019 Home Buyer Guide "Things To Consider When Buying A Home,"

WONDERING WHAT YOUR TEGA CAY AREA HOME IS WORTH?

Contact us if you'd like to receive our Neighborhood Analyzer Report on a monthly basis so you can keep track of home sales activity in your neighborhood.

We're happy to provide an expert home value analysis with no obligation on your part.

FREE copy of our Fall 2019 Home Seller Guide: "Things To Consider When Selling Your House"

THINKING OF SELLING YOUR HOME? CHECK OUT THE COLDWELL BANKER MARKETING ADVANTAGE

MEDIAN HOME PRICE TRENDS IN TEGA CAY, SC

Tega Cay on Lake Wylie is All About Location, Location, Location and Lifestyle, Lifestyle, Lifestyle!

In Polynesian, "tega cay" means beautiful peninsula... which is exactly what Tega Cay, South Carolina is... a beautiful 1600 acre peninsula on Lake Wylie just 20 miles south of Charlotte, North Carolina. The Tega Cay community began developing in the 1970's and was originally modeled after a Polynesia resort. It includes the Tega Cay Golf Club, a 27-hole golf course, a marina, the Tega Cay Beach & Swim Center, tennis courts at the Tega Cay Tennis Club, walking trails, waterfront parks and ball fields, and so much more. The town also has its own Police Department, Fire Department and Emergency Services Squad.

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?

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:

"The Right Broker Makes All The Difference."

Previous Tega Cay Housing Market Updates

Tega Cay Housing Market Update: August 2019

Tega Cay Housing Market Update: July 2019

Tega Cay Housing Market Update: June 2019

Tega Cay Housing Market Update: May 2019

Tega Cay Housing Market Update: April 2019

Tega Cay Housing Market Update: March 2019

Tega Cay Housing Market Update: February 2019

Tega Cay Housing Market Update: January 2019

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Wayne Martin

Wayne M Martin - Oswego, IL

Real Estate Broker - Retired

Good morning Nina. Buying or selling in Tega Cay, call Nina and do it the right way! Enjoy your day!

Oct 24, 2019 04:26 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Real Estate Broker

Wayne Martin hi Wayne... thanks for that shout out... I appreciate it very much!

Oct 24, 2019 06:24 AM

Ron and Alexandra Seigel

Napa Consultants - Carpinteria, CA

Luxury Real Estate Branding, Marketing & Strategy

Good Morning Nina,

If anyone is interested in buying or selling in Tega Cay, there is no doubt in my mind that they should call you! A

Oct 24, 2019 06:37 AM

Nina Hollander, Broker

Charlotte, NC

Will Hamm

Hamm Homes - Aurora, CO

"Where There's a Will, There's a Way!"

Good Morning Nina, Always great to see other area market reports and yours are always great!

Oct 24, 2019 06:55 AM

Nina Hollander, Broker

Charlotte, NC

Sheri Sperry - MCNE®

Coldwell Banker Realty - Sedona, AZ

(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander,

There does seem to be a sweet spot that correlates with inventory and the other indices such as DoM and average or median price.

On another note, I really like the names of the communities and neighborhoods that are in and around Charlotte. There is a special charm.

Oct 24, 2019 07:00 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Real Estate Broker

Ron and Alexandra Seigel hi Alexandra... I always like a person who knows his or her own mind!

Oct 24, 2019 07:09 AM

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Real Estate Broker

Will Hamm thanks, Will. Always appreciate your stopping by and taking the time to comment, as well.

Oct 24, 2019 07:10 AM

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Real Estate Broker

Sheri Sperry - MCNE® hi Sheri... well, some of our community/town and subdivision names go way, way back and others are relatively new. Tega Cay used to be a little fishing village where people had their fishing shacks and would come in from Charlotte to fish in the lake. Now it's a bedroom community for Charlotte.

Oct 24, 2019 07:12 AM

Kris Collis, Associate...

East Stroudsburg, PA

Brian England

Ambrose Realty Management LLC - Gilbert, AZ

MBA, GRI, REALTOR® Real Estate in East Valley AZ

For all of your Tega Cay real estate needs, my friend Nina Hollander is the gal to call!

Oct 24, 2019 07:20 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Real Estate Broker

Brian England hi Brian... as always, thanks for the great shout-out! I'll be looking forward to those calls!

Oct 24, 2019 08:01 AM

Brian England

Gilbert, AZ

Debb Janes

Nature As Neighbors - Camas, WA

Put My Love of Nature At Work for You

Another thorough look at one of the areas you sell in the Great Charlotte area. You do have your finger on the pulse of your markets. Well done. Have a great day, Nina. D

Oct 24, 2019 08:41 AM

Nina Hollander, Broker

Charlotte, NC

Grant Schneider

Performance Development Strategies - Armonk, NY

Your Coach Helping You Create Successful Outcomes

Good morning Nina Hollander - another very strong showing in a sellers market. You have your finger on the pulse.

Oct 24, 2019 08:46 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Real Estate Broker

Debb Janes EcoBroker and Bernie Stea JD thanks, Debb. Right now I'm just happy I'm done for the month with market reports!

Oct 24, 2019 08:56 AM

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Real Estate Broker

Grant Schneider hi Grant... I have to admit I was a bit gob-smacked by the Tega Cay numbers this past month.

Oct 24, 2019 08:56 AM

Myrl Jeffcoat

Sacramento, CA

Greater Sacramento Realtor - Retired

This is valuable real estate market data for home buyers and sellers in Tega Cay, Nina.

Oct 24, 2019 10:00 PM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Real Estate Broker

Myrl Jeffcoat thanks, Myrl... and thanks for stopping by... here's wishing you a great Friday and an even better weekend to come.

Oct 25, 2019 04:31 AM

Kris Collis, Associate Broker

Smart Way America Realty - East Stroudsburg, PA

Professional Results you Expect 570-801-5525

Excellent market report and format Nina Hollander Thorough, informative, and especially like the personal touch, "Want to know what this would mean for your family if you decide to buy or sell a Tega Cay home?"

Oct 28, 2019 11:17 AM