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

MAY 2022 New Listings:

 

We start by looking at the NEW LISTINGS that came on the market in MAY and we begin with 2020, where we see there were 383 NEW LISTINGS that came on the market. In MAY of 2021, we find we increased by +35.8 percent with 520 NEW LISTINGS. This year in MAY of 2022, we decreased slightly by -1.5 percent with 512 NEW LISTINGS. Still over what we were in 2020.

MAY 2022 Homes for Sale:

We again, start by looking at MAY of 2020, where we see there were 674 HOMES FOR SALE. In MAY of 2021, we find a decrease of -51.6 percent with 326 HOMES FOR SALE. This year in MAY of 2022, we decreased again by -3.1 percent with only 316 HOMES FOR SALE.

MAY 2022 Pending Sales:

Let's view MAY of 2020, where we see there were 474 PENDING SALES. In MAY of 2021, we decreased by -0.2 percent with 473 PENDING SALES. This year in MAY, we decreased by -6.6 percent with 442 PENDING SALES.

MAY 2022 Median Days on Market:

Let's view MAY of 2020, where we see there were 7 MEDIAN DAYS ON MARKET. In MAY of 2021, we decreased from the previous year by -57.1 percent with 3 Median Days on the Market. This year in MAY, we increased by +33.3 percent with 4 Median Days on the Market. 

MAY 2022 Months Supply of Homes for Sale:

In MAY of 2020, the MONTHS SUPPLY OF HOMES FOR SALE was 1.7 months. In MAY of 2021, we decreased by -52.9 percent with a 0.8 MONTHS SUPPLY OF HOMES FOR SALE. This year in MAY, we held even with the previous year at still 0.8 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 pretty low as we mentioned the inventory of homes is down by -3.1 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!!