The above video shows us a quick overview of the market, but let's dive deeper with this comprehensive look at the November 2021 real estate market in York County, South Carolina.
November 2021 New Listings:
We start by looking at the NEW LISTINGS that came on the market in NOVEMBER and we begin with 2019, where we see there were 337 NEW LISTINGS that came on the market. In NOVEMBER of 2020, we find we increased by +14.2 percent with 385 NEW LISTINGS. This year in NOVEMBER of 2021, we decreased slightly by -0.8 percent with 382 NEW LISTINGS.
NOVEMBER 2021 Homes for Sale:
We again, start by looking at NOVEMBER of 2019, where we see there were 905 HOMES FOR SALE. In NOVEMBER of 2020, we find a decrease of -48.4 percent with 467 HOMES FOR SALE. This year in NOVEMBER of 2021, we decreased again by -34.3 percent with only 307 HOMES FOR SALE.
NOVEMBER 2021 Pending Sales:
Let's view NOVEMBER of 2019, where we see there were 296 PENDING SALES. In NOVEMBER of 2020, we increased by +18.9 percent with 352 PENDING SALES. This year in NOVEMBER, we increased by +13.9 percent with 401 PENDING SALES.
NOVEMBER 2021 Median Days on Market:
Let's view NOVEMBER of 2019, where we see there were 21 MEDIAN DAYS ON MARKET. In NOVEMBER of 2020, we decreased from the previous year by -76.2 percent with 5 Median Days on Market. This year in NOVEMBER, we decreased by -20.0 percent to only 4 Median Days on Market. 4 MEDIAN DAYS!
NOVEMBER 2021 Months Supply of Homes for Sale:
In NOVEMBER of 2019, the MONTHS SUPPLY OF HOMES FOR SALE was 2.3. In NOVEMBER of 2020, we decreased by -52.2 percent with a 1.1 MONTHS SUPPLY OF HOMES FOR SALE. This year in NOVEMBER, we decreased by -36.4 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 -34.3 percent from 2020 and the number of days on market is down by -20.0 percent to 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!!