Fort Mill, SC Housing Market Report: November 2020

By
Real Estate Agent with Coldwell Banker Realty

 

Latest news on the Fort Mill real estate market in November and what it means for you...  

 

Fort Mill's housing market (29715 and 29708 zip codes) remained a seller's market in November 2020 with much lower inventory, lower months supply of housing despite an increase in new listings, higher home sale prices, and higher pending and closed sales.

 

Pending sales increased 21.8% and closed sales increased 21.9% year-over-year in November. 

 

New listings increased 19.8% in Fort Mill year-over-year, which did little to alleviate inventory. Despite the increase in new listings, housing inventory dropped 53.7% year-over-year. The months supply of homes decreased 50% to just 1 month from 2 months in the same month one year ago.

 

Average days on market decreased 11 days to 29 days versus the same month one year ago. Median days on market were 5, decreasing 23 days versus the same month one year ago.  

 

Sellers received a median 100% of list price, up 2.5% year-over-year. Buyers clearly had minimal negotiating room for Fort Mill homes.

 

Average home sale prices increased 4.9% in November 2020 versus November 2019, while median home sale prices increased 4.6%. Average sale price was $385,340 and median sale price was $340,000.

 

 

Want to know what this would mean for your family if you decide to buy or sell a Fort Mill 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 THE FORT MILL HOUSING MARKET'S PERFORMANCE

 

 

 FORT MILL HOUSING MARKET HIGHLIGHTS:

NOVEMBER 2020 VS NOVEMBER 2019

 

 

Fort Mill SC Housing Market Update November 2020      

 

Did you know... 

Fort Mill has been ranked as the #6 best Charlotte suburb to live in and #7 in the North Carolina region/area as a best suburb to live in?

Why not check out...

 

THE 10 HOTTEST FORT MILL/TEGA CAY, SC NEIGHBORHOODS 

 

 

Hot Fort Mill/Tega Cay Neighborhoods

   

 

 

SEARCH ALL FORT MILL, SC AREA HOMES HERE

 

 

 

  FREE Home Buyer Guide "Things To Consider When Buying A Home" 

 

 

WONDERING WHAT YOUR FORT MILL AREA HOME IS WORTH?

 

 

What's My Home 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 Home Seller Guide: "Things To Consider When Selling Your House"

   

 

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

 

 

ASK US ABOUT COLDWELL BANKER'S REALVITALIZE PROGRAM

 

RealVitalizeSM is an exclusive Coldwell Banker program that helps with improvements and repairs to prepare your home for sale. We cover upfront costs and get paid back when your home sells. No hidden fees, interest charges or markups.

 

 

Coldwell Banker RealVitalize Program For Home Sellers

 

 

 

MEDIAN HOME PRICE TRENDS IN FORT MILL, SC

   

 

This Charlotte, North Carolina real estate monthly update for Fort Mill, SC is provided by  Nina Hollander and Carolinas Realty Partners, Coldwell Banker Realty, your Charlotte metro area residential real estate experts and Fort Mill specialists. We've been opening doors for Fort Mill  home buyers and sellers for 20+ years.

 

If you're considering selling or purchasing a home in the Fort Mill 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."

 

 

Read the original article at: www.GreatHomesInCharlotte.com 

 

 

Posted by

 

SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

Nina Hollander

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
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 

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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Oh by the way, I'm never too busy for any of your referrals!

 

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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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Tags:
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Show All Comments
Rainmaker
2,353,009
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Nina Hollander - your market reports are always loaded with very essential information for buyers.

Dec 15, 2020 05:41 AM #11
Rainmaker
3,715,645
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Grant Schneider good morning, Grant... thank you... of course, that's the entire point of these reports... to make them meaty with information.

Dec 15, 2020 05:42 AM #12
Rainmaker
4,066,911
Dorie Dillard CRS GRI ABR
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Nina Hollander,

Everyone knows that Nina Hollander is the agent to go to for  Fort Mill housing. Great report filled with excellent information for both buyers and sellers. 

Dec 15, 2020 06:32 AM #13
Ambassador
3,494,870
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Fort Mill is lucky to have you representing their community. You have a great understanding of this Marketplace and I thank you for the update 🎅

Happy Tuesday morning Nina Hollander 

Dec 15, 2020 06:42 AM #14
Rainmaker
213,337
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning Nina Hollander and thank you for another great marketing report. I love to learn from your simplicity and completeness.

Dec 15, 2020 06:42 AM #15
Rainmaker
3,715,645
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Dorie Dillard CRS GRI ABR thanks much, Dorie, for that kind comment. I try very hard to make my reports as comprehensive as possible.

Dec 15, 2020 06:51 AM #16
Rainmaker
3,715,645
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Paul S. Henderson, REALTOR®, CRS good morning again, Paul. Wishing you a terrific Tuesday, as well.

Dec 15, 2020 06:53 AM #17
Rainmaker
3,715,645
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Rocky Dickerson hi Rocky... as always, thanks for stopping by. I always appreciate it and your encouraging comments.

Dec 15, 2020 06:54 AM #18
Ambassador
4,476,143
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Nina- your housing market reports are always informative and the presentation is such that it's easy for buyers and sellers to understand. 

Dec 15, 2020 07:51 AM #19
Rainmaker
3,715,645
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Kathy Streib thanks, Kathy. Even a numbers "geek" like myself doesn't like to read statistical information that's hard to understand.

Dec 15, 2020 08:03 AM #20
Rainmaker
6,156,717
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much, Nina, for sharing your outstanding local real estate reports.

I hope your recovery from your surgery is going well. I've had more than my share of knee issues.

Dec 15, 2020 09:55 AM #21
Rainmaker
5,166,617
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

I have to agree with each comment made by our colleagues here on Active Rain. Wishing you a great day,  take care of your knee!  A

Dec 15, 2020 10:13 AM #22
Rainmaker
325,464
Jerry Pinkas 843-839-9870 HOMEGUIDEMYRTLEBEACH.COM
Jerry Pinkas Real Estate Experts - Myrtle Beach, SC
Myrtle Beach Condos, Homes and Properties for Sale

Another great report Nina! 

Dec 15, 2020 10:58 AM #23
Rainmaker
3,715,645
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley thanks, Roy. My knee is coming along. This is my first problem ever with a knee...however, my husband has had both knees replaced and our older daughter has had one knee replaced. Hopefully this is my one and only.

Dec 15, 2020 11:04 AM #24
Rainmaker
3,715,645
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Jerry Pinkas 843-839-9870 HOMEGUIDEMYRTLEBEACH.COM thanks, Jerry. And thanks for taking time to pop by and leave me a comment today.

Dec 15, 2020 11:05 AM #25
Rainmaker
3,715,645
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Ron and Alexandra Seigel thanks, Alexandra. I'm doing my best not to overdo it with my knee... but it's hard to stay still! :)

Dec 15, 2020 11:05 AM #26
Rainmaker
4,556,710
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, great market update for Fort Mill, and 50% decrease in inventory.   I think that is what we have seen too, but typical for this time of year.

Dec 15, 2020 02:37 PM #27
Rainmaker
2,897,413
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Fort Mill home buyers and sellers are sure to value your real estate market report, Nina.

Dec 15, 2020 05:43 PM #28
Rainmaker
3,715,645
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Joan Cox hi Joan...we don't have seasonal drops in inventory like you do. We are at historic lows in inventory throughout the Greater Charlotte area.

Dec 16, 2020 05:37 AM #29
Rainmaker
3,715,645
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Myrl Jeffcoat hi Myrl... thanks, as always, for taking time to stop by and leave me a comment. Wishing you a lovely Wednesday.

Dec 16, 2020 05:38 AM #30
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Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor
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