Latest news on the Tega Cay, SC housing market in October 2023...
What you need to know now...
Key take-aways about the Tega Cay housing market in October 2023:
- Average home sale price declined month-over-month and increased slightly year-over-year.
- Median home sale price declined from September 2023 and increased compared with October 2022.
- Inventory declined month-over-month and year-over-year. Despite the decline in inventory and new listings, the months supply of inventory at 5.19 months kept Tega Cay a balanced market between home buyers and home sellers in October.
- New listings declined 47+% from September 2023. Compared with October one year ago, new listings declined almost 35%.
- Days on market increased 16 days from September to 31 days.
- Sold properties declined from the previous month of September and also compared with October one year ago.
- At a 98.76% list to sale price ratio, Tega Cay home buyers are still not seeing a big opportunity to negotiate on price.
TEGA CAY HOUSING MARKET HIGHLIGHTS: OCTOBER 2023
MEDIAN HOME PRICE TRENDS IN TEGA CAY, SC
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- The #1 best place/suburb to raise a family in South Carolina?
- The #2 best place/suburb to live in South Carolina?
- The #6 best place/suburb to buy a house in South Carolina?
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Tega Cay on Lake Wylie is All About Location, Location, Location and Lifestyle, Lifestyle, Lifestyle!
This Charlotte region real estate monthly update for Tega Cay, SC is provided by Nina Hollander, Coldwell Banker Realty, Greater Charlotte area residential real estate expert and Tega Cay specialist. I've been opening doors for Tega Cay home buyers and sellers for 25 years.
If you're considering selling or purchasing a home in the Tega Cay area or anywhere in the Greater Charlotte region, I'd love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:
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