Tega Cay, SC Real Estate News

By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Tega Cay, SC real estate market in May 2022...What you need to know...What it means for you... Tega Cay, South Carolina's median home prices reached record highs in May 2022. Home sellers enjoyed higher list to sale ratios, as well, at 104.1%, up 3.0% year-over-year. This, along with significantly less housing inventory and barely a two week supply of homes, kept Tega Cay a home seller's market in May 2022. TEGA CAY HOUSING MARKET HIGHLIGHTS:MAY 2022 VERSUS MAY 2021   HOUSING INVENTORY REMAINED VERY LOW IN MAY Tega Cay's months of  housing inventory was 0.6 months, down 45.5% year-over-year from 1.1 months in May 2021 and 2.7 months in May 2020. Housing inventory was down 48.8% year-over-year. New listings were flat year-over-year and sold quickly in just over two wee...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Tega Cay, SC real estate market in April 2022...What you need to know...What it means for you... Tega Cay, South Carolina's average and median home prices reached record highs in April 2022. Home sellers enjoyed higher list to sale ratios, as well, at 104.7%, up 2.7% year-over-year and 1.4% month-over-month. This, along with significantly less housing inventory and just a two weeks supply of homes, kept Tega Cay a home seller's market in April 2022. TEGA CAY HOUSING MARKET HIGHLIGHTS:APRIL 2022 VERSUS APRIL 2021 Tega Cay's months of  housing inventory was 0.5 months, down 50% year-over-year from one month in April 2021 and 3.3 months in April 2020. Housing inventory was down 51.3% year-over-year. New listings decreased 7.1% year-over-year and sold as quickly as they c...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Tega Cay, SC real estate market in March 2022 and what it means for you... Tega Cay, South Carolina housing market remained very much a home seller's market in March 2022 evidenced by key indicators such as lower months supply of homes, significantly less housing inventory, higher home prices, fewer days on market, and a list to sale price ratio of over 103%. in March 2022 compared with March 2021. TEGA CAY HOUSING MARKET HIGHLIGHTS:MARCH 2022 VERSUS MARCH 2021 Tega Cay's months of  housing inventory was 0.3 months, down 75% year-over-year from 1.2 months in March 2021 and 3.0 months in March 2020. The months of housing inventory also dropped 0.2 months from February 2022. Housing inventory was down 78.3% year-over-year. New listings decreased 54.4% year-over-year and...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Tega Cay, SC real estate market in February 2022 and what it means for you... Tega Cay, South Carolina housing market remained very much a home seller's market in February 2022 evidenced by key indicators such as lower months supply of homes, less housing inventory, and higher home prices in February 2022 compared with February 2021. TEGA CAY HOUSING MARKET HIGHLIGHTS:FEBRUARY 2022 VERSUS FEBRUARY 2021 Tega Cay's months of  housing inventory was 0.5 months, down 54.5% year-over-year from 1.1 months in February 2021 and 2.8 months in February 2020. The months of housing inventory also dropped 0.2 months from January 2022. Housing inventory was down 52.5% year-over-year. New listings increased 68% year-over-year and sold as quickly as they came on market. Pending sales ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Tega Cay, SC real estate market in January 2022 and what it means for you... TEGA CAY HOUSING MARKET HIGHLIGHTS:JANUARY 2022 VERSUS JANUARY 2021 Tega Cay, South Carolina housing market remained very much a home seller's market in January 2022, evidenced by key indicators such as lower months supply of homes, less housing inventory, and fewer days on market in January 2022 compared with January 2021. Tega Cay's months of  housing inventory was 0.7 months, down 41.7% year-over-year from 1.2 months in January 2021 and 2.6 months in January 2020.  Housing inventory was down 45.7% year-over-year. New listings decreased 38.2% year-over-year and sold as quickly as they came on market. Pending sales decreased 24.4% in Tega Cay in January 2022 compared with one year ago. Tega ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Tega Cay, SC real estate market in December 2021 and what it means for you... TEGA CAY HOUSING MARKET HIGHLIGHTS:DECEMBER 2021 VERSUS DECEMBER 2020 Tega Cay, South Carolina housing market remained very much a home seller's market in December 2021, evidenced by key indicators such as lower months supply of homes, less housing inventory, and fewer days on market in December 2021 compared with December 2020. Tega Cay's months of  housing inventory was 0.7 months, down 41.7% year-over-year from 1.2 months in December 2020 and 2.5 months in December 2019.  Housing inventory was down 39.5% year-over-year. New listings increased 25% year-over-year and sold as quickly as they came on market. Pending sales increased 28% in Tega Cay in December 2021 compared with one year ago, ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Tega Cay real estate market in November 2021 and what it means for you... Tega Cay, South Carolina housing market remained very much a home seller's market in November 2021 evidenced by key indicators such as lower months supply of homes, significantly less housing inventory, fewer days on market, and fewer new listings in November 2021 compared with November 2020. Tega Cay's months of  housing inventory was 0.6 months, down 57.1% year-over-year from 1.4 months in November 2020 and 2.6 months in November 2019. The months supply of housing inventory was also down month-over-month. Housing inventory was down 53.1% year-over-year. New listings decreased 35.1% year-over-year. Pending sales decreased 32.4% in Tega Cay in November 2021 compared with one year ago. Tega Cay's...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Tega Cay real estate market in October 2021 and what it means for you... Tega Cay, South Carolina housing market remained very much a home seller's market in October 2021 evidenced by key indicators such as lower months supply of homes, significantly less housing inventory, fewer days on market, and no increase in new listings in October 2021 compared with October 2020. The price per square foot for Tega Cay homes reached a historic high in October 2021. Price per square foot was $190, up $38 (+25%) per square foot versus the same month one year ago. Tega Cay's months of  housing inventory was 0.7 months, down 58.8% year-over-year from 1.7 months in October 2020 and 2.5 months in October 2019. Housing inventory was down 54.5% year-over-year. New listings were flat yea...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Tega Cay real estate market in September 2021 and what it means for you... Tega Cay, South Carolina housing market remained very much a home seller's market in September 2021 evidenced by key indicators such as lower months supply of homes, significantly less housing inventory, higher home prices, fewer days on market, and a decrease in new listings in September 2021 compared with September 2020. Tega Cay's months of  housing inventory was 0.6 months, down 68.4% year-over-year from 1.9 months in September 2020 and 3.4 months in September 2019. The months of housing inventory also dropped from August 2021 by 0.2 months. Housing inventory was down 60.3% year-over-year. New listings decreased 41.5% year-over-year. Pending sales decreased 23.1% in Tega Cay in September 20...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Tega Cay real estate market in August 2021 and what it means for you... Tega Cay, South Carolina housing market remained very much a home seller's market in August 2021 evidenced by key indicators such as lower months supply of homes, significantly less housing inventory, higher home prices,  fewer days on market, and a decrease in new listings in August 2021 compared with August 2020. Tega Cay's months supply of  housing inventory was 0.8 months, down 60 .0% year-over-year from 2.0 months in August 2020 and 3.5 months in August 2019. Housing inventory was down 51.6% year-over-year. New listings decreased 4.3% year-over-year. Pending sales increased 231.1% in Tega Cay in August 2021 compared with one year ago. Tega Cay's closed sales increased 13.2% year-over-year.  O...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Tega Cay real estate market in July 2021 and what it means for you... Tega Cay home sales in July 2021 leave the town desperate for more housing inventory to sell! The low inventory negatively impacted closed sales in July, which were down 3.8% year-over-year. If you're a Tega Cay homeowner thinking about selling, can you help? Home buyers are out there waiting to buy your home! Tega Cay, South Carolina housing market remained very much a home seller's market in July 2021, evidenced by key indicators such as lower months supply of homes, significantly less housing inventory, higher home prices,  fewer days on market and no significant increase in new listings compared with the same month one year ago. Tega Cay's months of  housing inventory was 0.9 months, down 55.0%...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Tega Cay real estate market in June 2021 and what it means for you... Tega Cay, South Carolina housing market remained very much a home seller's market in June 2021 evidenced by key indicators such as lower months supply of homes, significantly less housing inventory, higher home prices and fewer days on market, despite an increase in new listings in June 2021 compared with June 2020. Tega Cay's months of  housing inventory was 0.8 months, down 55.5% year-over-year from 1.8 months in June 2020 and 3.0 months in June 2019. Housing inventory was down 49.1% year-over-year. New listings increased 48.6% year-over-year (17 additional homes on the market), but did little to alleviate the housing inventory shortage. Pending sales decreased 9.4% in Tega Cay in June 2021 compa...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Tega Cay real estate market in May 2021 and what it means for you... Tega Cay home sales in May 2021 leave the town desperate for more housing inventory to sell! The low inventory negatively impacted pending sales in May. Can you help? Home buyers are out there waiting to buy your home! Tega Cay, South Carolina housing market remained very much a home seller's market in May 2021 evidenced by key indicators such as lower months supply of homes, significantly less housing inventory, higher home prices and fewer days on market and fewer new listings. Tega Cay's months of  housing inventory was 0.8 months, down 70.4% year-over-year from 2.7 months in May 2020. Housing inventory was down 65.1% year-over-year. New listings decreased 2.4% year-over-year. Pending sales decre...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Tega Cay real estate market in April 2021 and what it means for you... Tega Cay home sales in April 2021 leave the town desperate for more housing inventory to sell! Can you help? Home buyers are out there waiting for your home. Tega Cay, South Carolina housing market remained very much a home seller's market in April 2021, evidenced by such key indicators as lower months supply of homes, significantly less housing inventory, increasing home prices and fewer days on market and fewer new listings. Tega Cay's months of  housing inventory was 0.7 months, down 78.1% year-over-year from 3.2 months in April 2020. Housing inventory was down 73.1% year-over-year. New listings decreased 6.8% year-over-year. Pending sales increased 32.4% in Tega Cay in April 2021 compared with...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Tega Cay real estate market in February 2021 and what it means for you... Tega Cay, South Carolina housing market remained very much a home seller's market in February 2021 evidenced by key indicators such as lower months supply of homes, significantly less housing inventory, increasing home prices and lower days on market. Tega Cay's months of  housing inventory was 0.8 months, down 71.4% year-over-year from 2.8 months in February 2020; housing inventory was down 67% year-over-year. New listings decreased 33.3% year-over-year. Pending sales increased 3.8% in Tega Cay in February 2021 compared with one year ago. Tega Cay's closed sales increased 68.8% year-over-year. On average, homes sold in 14 days, down 37 days compared with the same month one year ago. Median day...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Latest news on the Tega Cay real estate market in January 2021 and what it means for you... Tega Cay, South Carolina housing market was very much a home seller's market in January 2021, evidenced by key indicators such as lower months supply of homes, significantly less housing inventory, increasing home prices and lower days on market. Tega Cay's months of  housing inventory was 0.8 months, down 69.2% year-over-year from 2.6 months in January 2020; housing inventory was down 63.1% year-over-year. New listings increased 46.9% year-over-year, but did little to alleviate the overall lack of inventory in the Tega Cay area versus demand for homes. Pending sales increased 131.6% in Tega Cay in January 2021 compared with one year ago. Tega Cay's closed sales increased 90% year-over-year. On...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Tega Cay real estate market in November 2020 and what it means for you... Tega Cay, South Carolina housing market was very much a home seller's market in November 2020 as evidenced by key indicators such as lower months supply of homes, considerably less housing inventory, fewer closed sales and lower days on market. Tega Cay's months of  housing inventory was 1 month, down 61.5% year-over-year from 2.5 months in November 2019; housing inventory was down 56.6% year-over-year, while new listings increased year-over-year. Pending sales increased 157.1% in Tega Cay in November 2020 compared with one year ago. Tega Cay's closed sales decreased 27.5% year-over-year. Lack of housing inventory, despite an increase in new listings, contributed to this drop in home sales in t...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Latest news on the Tega Cay real estate market in September 2020 and what it means for you... Tega Cay, South Carolina housing market was very much a home seller's market in September 2020 as evidenced by key indicators such as lower months supply of homes, considerably less housing inventory, fewer new listings, fewer closed sales, which sold more quickly. Pending sales were up showing continued buyer demand exceeding supply of homes. Tega Cay's months of  housing inventory was 1.5 months, down 55.9% year-over-year from 3.4 months in September 2019; housing inventory was down 52.8% year-over-year, while new listings were down 2.4% year-over-year. Pending sales increased 21.2% in Tega Cay in September 2020 compared with one year ago. Tega Cay's closed sales decreased 27% year-over-yea...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Tega Cay, South Carolina Real Estate Report/Housing MarketAt A Glance: May 2020 Latest news on how corona virus affected the Tega Cay real estate market in May and what it means for you... Tega Cay's housing market was definitely impacted by corona virus restrictions in May 2020 as evidenced by the 2.5 months of inventory, down 35.9% year-over-year from 3.9 months in May 2019; housing inventory down 30.1% year-over-year and new listings down 26.8% year-over-year. Pending sales increased 2.1% in Tega Cay in May 2020 compared with one year ago. Tega Cay's closed sales decreased 17.1% year-over-year. Home showings increased in Tega Cay to 568 showings in May 2020 compared with just 385 home showings in April 2020. However, May 2020 showings are still considerably below the 972 showings w...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Tega Cay, South Carolina Real Estate Report/Housing MarketAt A Glance: April 2020 Latest news on how corona virus affected the Tega Cay real estate market in April and what it means for you... Tega Cay, South Carolina housing market was definitely impacted by corona virus stay-at-home restrictions as evidenced by key indicators such as lower months supply of homes, less housing inventory, fewer new listings, lower days on market, 45% fewer home showings, and lower closed and pending sales in April 2020 compared with April 2019. Tega Cay's months of  housing inventory was 3.1 months, down 22.5% year-over-year from 4 months in April 2019; housing inventory was down 11.5% year-over-year and new listings were down 10.2% year-over-year. Pending sales decreased 20.5% in Tega Cay in April 20...
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