The above video shows us a quick overview of the market, but let's dive deeper with this comprehensive look at the APRIL 2022 real estate market in York County, South Carolina.
APRIL 2022 New Listings:
We start by looking at the NEW LISTINGS that came on the market in APRIL and we begin with 2020, where we see there were 447 NEW LISTINGS that came on the market. In APRIL of 2021, we find we decreased by -0.2 percent with 446 NEW LISTINGS. This year in APRIL of 2022, we increased slightly by +0.4 percent with 448 NEW LISTINGS.
APRIL 2022 Homes for Sale:
We again, start by looking at APRIL of 2020, where we see there were 827 HOMES FOR SALE. In APRIL of 2021, we find a decrease of -62.9 percent with 307 HOMES FOR SALE. This year in APRIL of 2022, we decreased again by -16.9 percent with only 255 HOMES FOR SALE.
APRIL 2022 Pending Sales:
Let's view APRIL of 2020, where we see there were 381 PENDING SALES. In APRIL of 2021, we increased by +4.5 percent with 398 PENDING SALES. This year in APRIL, we increased by +4.0 percent with 414 PENDING SALES.
APRIL 2022 Median Days on Market:
Let's view APRIL of 2020, where we see there were 10 MEDIAN DAYS ON MARKET. In APRIL of 2021, we decreased from the previous year by -70.0 percent with 3 Median Days on Market. This year in APRIL, we increased by +33.3 percent with 4 Median Days on Market.
APRIL 2022 Months Supply of Homes for Sale:
In APRIL of 2020, the MONTHS SUPPLY OF HOMES FOR SALE was 2.19. In APRIL of 2021, we decreased by -66.7 percent with a 0.7 MONTHS SUPPLY OF HOMES FOR SALE. This year in APRIL, we decreased by -14.3 percent with only 0.6 MONTHS SUPPLY OF HOMES FOR SALE!
So there is your comprehensive LOCAL look at the real estate market. Below is a summary of what we've shown above in an infographic format. If you are considering a sale of your home then now might be a perfect time as the competition is still pretty low as we mentioned the inventory of homes is down by -16.9 percent from 2021 and the median number of days on market is still low with only 4 days! If you are interested in buying a home then let us help you get a competitive advantage. Please reach out to the Linda Hall Team. We'd love to assist you!!
