Latest news on the Fort Mill real estate market in January 2021 and what it means for you...
Fort Mill's housing market (29715 and 29708 zip codes) remained a seller's market in January with much lower inventory, lower months supply of housing, a decrease in new listings, higher average home sale prices, and higher pending and closed sales.
Pending sales increased 1.5% and closed sales increased 86.2% year-over-year in January.
New listings decreased 22.5% in Fort Mill year-over-year. Housing inventory dropped 65.1% year-over-year. The months supply of homes decreased 63.2% to just 0.7 months from 1.9 months in the same month one year ago.
Average days on market decreased 39 days to 15 days versus the same month one year ago. Median days on market were 3, decreasing 35 days versus the same month one year ago.
Sellers received a median 100% of list price, up 2.2% year-over-year. Home buyers clearly had minimal negotiating room for Fort Mill homes.
Average home sale prices increased 3.1% in January 2021 versus January 2020, while median home sale prices increased 4.3%. Average sale price was $350,033 and median sale price was $315,900.
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.
FORT MILL HOUSING MARKET HIGHLIGHTS:
JANUARY 2021 VS JANUARY 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...
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.
THINKING OF SELLING YOUR HOME? CHECK OUT THE COLDWELL BANKER MARKETING ADVANTAGE
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.
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:
Read the original article at: www.GreatHomesInCharlotte.com