Fort Mill, SC Homes Sold In 8 Days, On Average, In September 2021

By
Real Estate Agent with Coldwell Banker Realty

Latest news on the Fort Mill, SC real estate market in September 2021 and what it means for you...  

Fort Mill's housing market (29715 and 29708 zip codes) remained a seller's market in September with lower inventory, lower months supply of housing, fewer days on market, and higher average and median home sale prices compared with the same month one year ago.

 

Pending sales decreased 28.7%. Closed sales dropped 17.5% year-over-year in September. Lack of inventory limited the number of pending and closed sales in September.

 

New listings decreased 23.7% in Fort Mill year-over-year. Housing inventory dropped 35.0% year-over-year. The months supply of homes decreased 35.7% to 0.9 months from 1.4 months in the same month one year ago and from 2.4 months in the same month two years ago. Clearly, Fort Mill has been a seller's market for at least three years now.

 

Average days on market decreased 8 days to 18 days versus the same month one year ago.  Median days on market were 3, decreasing 3 days versus the same month one year ago and decreasing 16 days versus September 2019. Newly listed homes continue to sell as fast as they come on the market.

 

Pent-up demand for Fort Mill homes was also evident in the number of average showings per listing in September 2021. On average, listed homes had 16.6 showings, up 45.6% from 11.4 showings in September 2020. In September 2019 listed homes had an average of 7.1 showings. It's a matter of more buyers "chasing" after fewer homes.

 

Sellers received a median 100.5% of list price, up 0.5% year-over-year. Home buyers had minimal negotiating room for Fort Mill homes.

 

Average home sale prices increased 7.5% in September 2021 versus September 2020.  Median home sale prices increased 15.8%. Average sale price was $439,801. Median sale price was $402,000. Greater demand for homes than supply of homes continues to drive home prices up. Price per square foot increased to $184, up $31/square foot one, year-over-year.

 

Want to know what this would mean for your family if you decide to buy or sell a Fort Mill home?    

Have questions about Fort Mill real estate? Call Nina Hollander for answers.

We can help.

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

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MORE DETAILS ON THE FORT MILL HOUSING MARKET'S PERFORMANCE

 

 FORT MILL HOUSING MARKET HIGHLIGHTS:

September 2021 vs September 2020

Fort Mill, SC Real Estate Report For September 2021

 

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 6 HOTTEST FORT MILL/TEGA CAY, SC NEIGHBORHOODS 

  Hottest Selling Fort Mill, SC 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 Fort Mill, SC 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 FORT MILL 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.

 

RealVitalize Home Improvement Program By Coldwell Banker

 

MEDIAN HOME PRICE TRENDS IN FORT MILL, SC

   

This Greater Charlotte, North Carolina real estate monthly update for Fort Mill, SC is provided by  Nina Hollander and Carolinas Realty Partners, Coldwell Banker Realty, your Greater Charlotte 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 why experience matters and how:

 "The Right Broker Makes All The Difference."

 

 

Read the original post at: www.GreatHomesInCharlotte.com 

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

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 The Greater Charlotte Area
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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.

 

Comments (18)

Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Good afternoon, Nina.

Another great report on Fort Mill, S.C real estate market.  Wishing you a great weekend. A

Oct 22, 2021 11:02 AM
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Nina- I knew very little about the Charlotte area until I started reading your posts!!! You really know the area. 

Oct 22, 2021 11:42 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Nina:

Well, the Fort Mill SC housing market continues to challenge buyers in a number of ways. This is an easy-to-read and understand overview and analysis to give buyers, and sellers, a good perspective on market conditions and what they might mean for their buying and selling decisions.

Enjoy your weekend!

Jeff

Oct 22, 2021 12:53 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nina it looks like you guys do not only have really low inventory, but what inventory is on the market does not stay on the market for long.

Oct 22, 2021 01:04 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ron and Alexandra Seigel thanks, Alexandra. One more September report to eke out... then need to finish up my quarterly neighborhood reports beforee month end.

Oct 22, 2021 01:47 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Kathy Streib thanks, Kathy. I cover about a 50 mile radius around Charlotte, which puts me into two states, half a dozen counties.

Oct 22, 2021 01:47 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Jeff Dowler, CRS thanks, Jeff. Fort Mill has been a challenging market for buyers for several years now. Indian Land adjacent to Fort Mill even more so, especially now that builders have pulled back some. Wishing you a wonderful weekend, as well.

Oct 22, 2021 01:49 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

George Souto hi George... if it's priced right and marketed it right, it's flying out the door! I hear people say the market has slowed down some, but at the end of the day, one, two, three extra days on market are "nothing" if median days on sale are under one week.

Oct 22, 2021 01:50 PM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

With inventories low, there is an auction for available homes when they come on market.  Often the sellers need to do very little to their house and it will still sell over market value.

Oct 22, 2021 02:10 PM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander, Broker - The more the inventory decreases, the more challenging the Fort Mill market is.  Luckily, buyers have your experience to help navigate the market with them. 

Oct 22, 2021 06:08 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Good for you hope the next listing will match the same days to sell or maybe less time?:) Endre

Oct 22, 2021 11:03 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ed Silva good morning, Ed... I guess that depends on how you define market value... we've always said that the buyer sets market value so if people believe a home is worth more than the asking price one could argue when they pay more they've set a new market value.

Oct 23, 2021 04:43 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sheri Sperry - MCNE® good morning, Sheri... inventory is just so tight in prime areas like Fort Mill it's a free-for-all when houses come on the market.

Oct 23, 2021 04:44 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Endre Barath, Jr. hi Endre... my own average days on market for my listings this year is under three days... I have two new listings coming up and I'd be surprised if they don't sell within days.

Oct 23, 2021 04:45 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Oct 23, 2021 04:08 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Nina what an awesome track record keep it up to a strong finish, Endre

Oct 23, 2021 10:47 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Myrl Jeffcoat thank you, Myrl, for stopping by. Wishing you a lovely Sunday and hope it's the start of a wonderful new week.

Oct 24, 2021 04:23 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Endre Barath, Jr. thank you, Endre... I'm doing my best to keep up that track record... for a third consecutive year now.

Oct 24, 2021 04:24 AM