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

NOVEMBER 2022 New Listings:

We start by looking at the NEW LISTINGS that came on the market in NOVEMBER, and we begin with 2020, where we see there were 386 NEW LISTINGS that came on the market. In NOVEMBER of 2021, we found we increased by +1.3 percent with 391 NEW LISTINGS. This year in NOVEMBER of 2022, we decreased by -38.1 percent with 242 NEW LISTINGS. 

NOVEMBER 2022 Homes for Sale:

We, again, start by looking at NOVEMBER of 2020, where we see there were 469 HOMES FOR SALE. In NOVEMBER of 2021, we find a decrease of -8.7 percent with 428 HOMES FOR SALE. This year in NOVEMBER, we increased by +30.1 percent with 557 HOMES FOR SALE. 

NOVEMBER 2022 Pending Sales:

Let's view NOVEMBER of 2020, where we see there were 353 PENDING SALES. In 2021, we increased by +7.1 percent with 378 PENDING SALES. This year we decreased by -39.9 percent with 227 PENDING SALES. 

NOVEMBER 2022 Average Days on Market:

Let's view NOVEMBER of 2020, where we see there were 24 AVERAGE DAYS ON MARKET. In 2021, we decreased from the previous year by -29.2 percent, with 17 Average Days on the Market. This year we increased by +100.0 percent with 34 Average Days on the Market. 

NOVEMBER 2022 Months Supply of Homes for Sale:

In NOVEMBER of 2020, the MONTHS SUPPLY OF HOMES FOR SALE was 1.1 months. In 2021 we decreased by -9.1 percent with a 1.0 MONTHS SUPPLY OF HOMES FOR SALE. This year we increased from the previous year by +60.0 percent with a 1.6 MONTHS SUPPLY OF HOMES FOR SALE. 

NOVEMBER 2022 Average Showings to Pending:

In NOVEMBER of 2020, the Average Showings to Pending were 19. In 2021 we decreased by -5.3 percent from the previous year, with 18 showings to pending. This year we decreased from the previous year by -16.7 percent to 15 showings to pending. 

So here 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, but as you see, the number of showings to pending is averaging 15, which is below the previous year and the year 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!!