The above video shows us a quick overview of the market, but let's dive deeper with this comprehensive look at the October 2021 real estate market in York County, South Carolina.
October 2021 New Listings:
We start by looking at the NEW LISTINGS that came on the market in OCTOBER and we begin with 2019, where we see there were 452 NEW LISTINGS that came on the market. In OCTOBER of 2020, we find we increased slightly by +0.4 percent with 454 NEW LISTINGS. This year in OCTOBER of 2021, we increased by +5.7 percent with 480 NEW LISTINGS.
OCTOBER 2021 Homes for Sale:
We again, start by looking at OCTOBER of 2019, where we see there were 946 HOMES FOR SALE. In OCTOBER of 2020, we find a decrease of -49.7 percent with 476 HOMES FOR SALE. This year in OCTOBER of 2021, we decreased again by -29.4 percent with only 336 HOMES FOR SALE.
OCTOBER 2021 Pending Sales:
Let's view OCTOBER of 2019, where we see there were 400 PENDING SALES. In OCTOBER of 2020, we increased by +2.0 percent with 408 PENDING SALES. This year in OCTOBER, we increased by +14.7 percent with 468 PENDING SALES.
OCTOBER 2021 Median Days on Market:
Let's view OCTOBER of 2019, where we see there were 17 MEDIAN DAYS ON MARKET. In OCTOBER of 2020, we decreased from the previous year by -58.8 percent with 7 Median Days on Market. This year in OCTOBER, we decreased by -42.9 percent to only 4 Median Days on Market. 4 MEDIAN DAYS!!!
OCTOBER 2021 Months Supply of Homes for Sale:
In OCTOBER of 2019, the MONTHS SUPPLY OF HOMES FOR SALE was 2.4. In OCTOBER of 2020, we decreased by -50.0 percent with a 1.2 MONTHS SUPPLY OF HOMES FOR SALE. This year in OCTOBER, we decreased by -33.3 percent with only 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 be pretty low as we mentioned the inventory of homes is down by -29.4 percent from 2020 and the number of days on market is down by -42.9 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!!