The above video shows us a quick overview of the market, but let's dive deeper with this comprehensive look at the AUGUST 2022 real estate market in York County, South Carolina.

AUGUST 2022 New Listings:

 

We start by looking at the NEW LISTINGS that came on the market in AUGUST and we begin with 2020, where we see there were 505 NEW LISTINGS that came on the market. In AUGUST of 2021, we find we increased by +2.6 percent with 518 NEW LISTINGS. This year in AUGUST of 2022, we decreased by -15.1 percent with 440 NEW LISTINGS. 

AUGUST 2022 Homes for Sale:

We again, start by looking at AUGUST of 2020, where we see there were 560 HOMES FOR SALE. In AUGUST of 2021, we find a decrease of -25.0 percent with 420 HOMES FOR SALE. This year in AUGUST, we increased by +23.6 percent with 519 HOMES FOR SALE. Still lower in inventory from 2020.

AUGUST 2022 Pending Sales:

Let's view AUGUST of 2020, where we see there were 452 PENDING SALES. In 2021, we increased by +2.9 percent with 465 PENDING SALES. This year we decreased by -15.1 percent with 395 PENDING SALES. 

AUGUST 2022 Median Days on Market:

Let's view AUGUST of 2020, where we see there were 9 MEDIAN DAYS ON MARKET. In 2021, we decreased from the previous year by -55.6 percent with 4 Median Days on the Market. This year we increased by +75.0 percent with 7 Median Days on the Market. 

AUGUST 2022 Months Supply of Homes for Sale:

In AUGUST of 2020, the MONTHS SUPPLY OF HOMES FOR SALE was 1.4 months. In 2021 we decreased by -28.6 percent with a 1 MONTHS SUPPLY OF HOMES FOR SALE. This year we increased from the previous year by +40.0 percent with a 1.4 MONTHS SUPPLY OF HOMES FOR SALE. 

AUGUST 2022 Showings to Pending:

In AUGUST of 2020, the Showings to Pending were 18. In 2021 we decreased by -5.6 percent with 17 showings to pending. This year we decreased again from the previous year by +11.8 percent tp 15 showings to pending. 

So there is your comprehensive LOCAL look at the real estate market. If you are considering a sale of your home this year, there is still time. Things are changing a bit but as you see the number of showings to pending is averaging 15 which is below the previous year and the years before that. 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!!