The above video shows us a quick overview of the market, but let's dive deeper with this comprehensive look at the JUNE 2022 real estate market in York County, South Carolina.
JUNE 2022 New Listings:
We start by looking at the NEW LISTINGS that came on the market in JUNE and we begin with 2020, where we see there were 461 NEW LISTINGS that came on the market. In JUNE of 2021, we find we increased by +10.0 percent with 507 NEW LISTINGS. This year in JUNE of 2022, we increased slightly by +1.4 percent with 514 NEW LISTINGS.
JUNE 2022 Homes for Sale:
We again, start by looking at JUNE of 2020, where we see there were 611 HOMES FOR SALE. In JUNE of 2021, we find a decrease of -40.4 percent with 364 HOMES FOR SALE. This year in JUNE of 2022, we increased by +18.4 percent with 431 HOMES FOR SALE. Still significantly lower in inventory from 2020.
JUNE 2022 Pending Sales:
Let's view JUNE of 2020, where we see there were 468 PENDING SALES. In JUNE of 2021, we decreased by -7.7 percent with 432 PENDING SALES. This year in JUNE, we decreased by -10.0 percent with 389 PENDING SALES.
JUNE 2022 Median Days on Market:
Let's view JUNE of 2020, where we see there were 14 MEDIAN DAYS ON MARKET. In JUNE of 2021, we decreased from the previous year by -78.6 percent with 3 Median Days on the Market. This year in JUNE, we increased by +66.7 percent with 5 Median Days on the Market. Still not anywhere near the number we were at in 2020. They are going quickly even this far into the Summer season.
JUNE 2022 Months Supply of Homes for Sale:
In JUNE of 2020, the MONTHS SUPPLY OF HOMES FOR SALE was 1.6 months. In JUNE of 2021, we decreased by -43.8 percent with a 0.9 MONTHS SUPPLY OF HOMES FOR SALE. This year in JUNE, we increased from the previous year by +22.2 percent with a 1.1 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 there is still plenty of time as the competition remains pretty low as we mentioned the inventory of homes is only 431 in the WHOLE county! The median 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!!