Fort Mill, SC Housing Market Report: October 2023

By
Real Estate Agent with Coldwell Banker Realty 179530

Latest news on the Fort Mill, SC real estate market in October 2023...

What you need to know...

 

Key take-aways about the Fort Mill SC (29715 and 29708 zip codes) October 2023 housing market include:

  • Sales declined slightly from September and 9.09% year-over-year.

  • New listings declined for an eight consecutive month. October 2023 saw the lowest level of new listings since February 2023.

  • Housing inventory declined month-over-month and year-over-year. The 3.69 months of inventory was flat compared with the prior month.

  • Days on market were flat at 19 days compared with the previous month of September. October days on market were also 11 days lower than the year-to-date DOM in Fort Mill.

  • List to sale price ratio was 99.32% providing minimal room for home buyers to negotiate on price. The list to sale price ratio was essentially flat month-over-month and year-over-year.

  • Average home price declined slightly month-over-month and year-over-year.

  • Median home price declined from September, but increased compared with October 2022.

 

FORT MILL HOUSING MARKET HIGHLIGHTS: OCTOBER 2023

Fort Mill, SC Housing Market Update: October 2023

 

ACCESS THE FULL FORT MILL HOME SALES REPORT FOR OCTOBER 2023 HERE

 

MEDIAN HOME PRICE TRENDS IN FORT MILL, SC

(12 Month Rolling Average)

   

MORE DETAILS ON THE FORT MILL HOUSING MARKET'S PERFORMANCE

 

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.

I can help.

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

There’s absolutely NO OBLIGATION.

A consultation with Nina Hollander is FREE   

 

Did you know... 

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

 

WELCOME TO FORT MILL, SC: VIDEO

 

Why not check out...

THE 8 HOTTEST FORT MILL/TEGA CAY, SC NEIGHBORHOODS 

 Hottest Selling Neighborhoods In Fort Mill, SC 

 

SEARCH FORT MILL, SC AREA HOMES HERE

Get the properties you want delivered directly to your email for free from greathomesincharlotte.com

 

  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 me 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.

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

 

Instant Value For Your Fort Mill, SC HOme

 

 FREE Home Seller Guide: "Things To Consider When Selling Your House"

 

This Greater Charlotte, North Carolina real estate monthly update for Fort Mill, SC is provided by  Nina Hollander, Coldwell Banker Realty,  Greater Charlotte area residential real estate expert and Fort Mill specialist. I've been opening doors for Fort Mill home buyers and sellers for 25  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 (16)

Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina,

Though some indices appear to be in a seasonal shift, sales price ratios are steady.  When there is no inventory, buyers cannot get much of a price reduction if any at all. 

Nov 27, 2023 11:23 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sheri Sperry - MCNE® hi Sheri... number seem to be all over the board and change from month to month. All I can do these days is just report on what's happened.

Nov 27, 2023 11:25 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Nina Hollander, Broker I love how you do your market reports. With only 19 days on the market, it's still very much a seller's market in Fort Mill, SC, Have a Blessed Week!

Nov 27, 2023 11:31 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Jerry Newman thanks so much, Jerry. Once you have a basic template it's easy to update. I do a much more comprehensive report on my website blog and then do an abbreviated version here with links back to my website.

Nov 27, 2023 11:36 AM
Jerry Newman

I need to come up with and stick with a basic template too. I used to spend to much time putting those reports together. 

Nov 27, 2023 11:38 AM
Nina Hollander, Broker

Jerry Newman That was the trick for me... setting up a basic template, which I just tweak from time to time.

Nov 27, 2023 02:21 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good afternoon,

With 19 days on market....definitely still a seller's market. As we enter the last month of 2023 it appears the sales ratios are steady..no inventory is an issue as it's always been!

Nov 27, 2023 02:17 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Dorie Dillard Austin TX hi Dorie... and I suspect we will continue to see even less inventory as so many people don't want to put their houses on the market during the holidays unless they have no choice.

Nov 27, 2023 02:22 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Thank you showing the way to write a market report Nina. You never disappoint my friend 🙂

Nov 27, 2023 09:33 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Nina Hollander, Broker  when I see 19 days market days on market I just shake my head:)Endre

Nov 27, 2023 10:28 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Endre Barath, Jr. hi Endre... and this is not the only area of Charlotte with such low DOM! 

Nov 28, 2023 04:18 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS why thank you, Paul! What a nice comment with which to start my day! No brain surgery here... just set up a template and keep it going!

Nov 28, 2023 04:19 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

It is good to know that Fort Mill SC is doing just fine! and I appreciate your insights!  Have a great week!  and thank you for the car! 

Nov 28, 2023 04:12 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Nov 28, 2023 08:07 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lise Howe hi Lise... you are very welcome. And yes, Fort Mill always holds its own regardless of market conditions... it's about location, top SC schools, nice neighborhoods.

Nov 29, 2023 03:51 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Myrl Jeffcoat hi Myrl... thanks, as always, for popping by. Wishing you a wonderful 
Wednesday!

Nov 29, 2023 03:51 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, miss doing my market reports, but still run the numbers and put the stats on the landing pages.

Nov 30, 2023 10:41 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox hi Joan... I'd like to "miss" doing market reports! :)))) I mostly post now on my website and do an abbreviated version here in the Rain.

Nov 30, 2023 10:45 AM