The above video shows us a quick overview of the market, but let's dive deeper with this comprehensive look at the December 2021 real estate market in York County, South Carolina.
December 2021 New Listings:
We start by looking at the NEW LISTINGS that came on the market in DECEMBER and we begin with 2019, where we see there were 277 NEW LISTINGS that came on the market. In DECEMBER of 2020, we find we increased by +6.9 percent with 296 NEW LISTINGS. This year in DECEMBER of 2021, we decreased slightly by -2.4 percent with 289 NEW LISTINGS.
DECEMBER 2021 Homes for Sale:
We again, start by looking at DECEMBER of 2019, where we see there were 829 HOMES FOR SALE. In DECEMBER of 2020, we find a decrease of -55.4 percent with 370 HOMES FOR SALE. This year in DECEMBER of 2021, we decreased again by -23.5 percent with only 283 HOMES FOR SALE.
DECEMBER 2021 Pending Sales:
Let's view DECEMBER of 2019, where we see there were 236 PENDING SALES. In DECEMBER of 2020, we increased by +44.9 percent with 342 PENDING SALES. This year in DECEMBER, we decreased by -4,1 percent with 328 PENDING SALES.
DECEMBER 2021 Median Days on Market:
Let's view DECEMBER of 2019, where we see there were 21 MEDIAN DAYS ON MARKET. In DECEMBER of 2020, we decreased from the previous year by -76.2 percent with 5 Median Days on Market. This year in DECEMBER, we held even with the previous year with still only 5 Median Days on Market.
DECEMBER 2021 Months Supply of Homes for Sale:
In DECEMBER of 2019, the MONTHS SUPPLY OF HOMES FOR SALE was 2.1. In DECEMBER of 2020, we decreased by -57.1 percent with a 0.9 MONTHS SUPPLY OF HOMES FOR SALE. This year in DECEMBER, we decreased by -22.2 percent with only 0.7 MONTHS SUPPLY OF HOMES FOR SALE!
So there is your comprehensive LOCAL look at the real estate market. If you are considering a sale of your home then now might be a perfect time as the competition is still be pretty low as we mentioned the inventory of homes is down by -23.5 percent from 2020 and the number of days on market is still low with only 5 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!!