The above video shows us a quick overview of the market, but let's dive deeper with this comprehensive look at the APRIL 2023 real estate market in York County, South Carolina.

New Listings

 

We start by looking at the NEW LISTINGS that came on the market in APRIL, and we begin with 2021, where we see there were 429 NEW LISTINGS that came on the market. In APRIL of 2022, we found we slightly increased by +0.2 percent with 430 NEW LISTINGS. This year in APRIL, we decreased by -22.8 percent with 332 NEW LISTINGS. 

Homes for Sale

We, again, start by looking at APRIL 2021, where we see there were 246 HOMES FOR SALE. In APRIL of 2022, we find an increase of +8.1 percent with 266 HOMES FOR SALE. This year in APRIL, we increased by +9.8 percent with 292 HOMES FOR SALE. 

Pending Sales

Let's view APRIL of 2021, where we see there were 379 PENDING SALES. In 2022, we decreased by -2.1 percent with 371 PENDING SALES. This year we decreased by -1.3 percent with 366 PENDING SALES. 

Average Days on Market

Let's view APRIL of 2021, where we see there were 15 AVERAGE DAYS ON MARKET. In 2022, we increased from the previous year by +6.7 percent, with 16 Average Days on the Market. This year we increased by +93.8 percent with 31 Average Days on the Market. 

Months Supply of Homes for Sale:

In APRIL of 2021, the MONTHS SUPPLY OF HOMES FOR SALE was 0.60 months. In 2022 we increased by +16.7 percent from the previous year with a 0.70 MONTH SUPPLY OF HOMES FOR SALE. This year we increased from the previous year by +42.9 percent with a 1.00 MONTHS SUPPLY OF HOMES FOR SALE. This statistic is the ratio of new houses for sale to new houses sold. In other words, it would take 1.00 month for the current inventory of homes on the market to sell given the current sales pace.

Average Showings to Pending 

In APRIL of 2021, the Average Showings to Pending were 15. In 2022 we held even with the previous year, with still 15 showings to pending. This year we increased from the previous year by +6.7 percent to 16 showings to pending. 

So here is your comprehensive LOCAL look at the real estate market. If you are considering selling your home this year, pricing your home correctly will make a world of difference, and we'd like to help you with that. Contact The Linda Hall Team of Century 21 First Choice. Let's reach your real estate goals in 2023!