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

OCTOBER 2022 New Listings:

 

We start by looking at the NEW LISTINGS that came on the market in OCTOBER, and we begin with 2020, where we see there were 456 NEW LISTINGS that came on the market. In OCTOBER of 2021, we find we increased by +8.1 percent with 493 NEW LISTINGS. This year in OCTOBER of 2022, we decreased by -29.6 percent with 347 NEW LISTINGS. 

OCTOBER 2022 Homes for Sale:

We, again, start by looking at OCTOBER of 2020, where we see there were 478 HOMES FOR SALE. In OCTOBER of 2021, we find a decrease of -6.7 percent with 446 HOMES FOR SALE. This year in OCTOBER, we increased by +26.7 percent with 565 HOMES FOR SALE. 

OCTOBER 2022 Pending Sales:

Let's view OCTOBER of 2020, where we see there were 410 PENDING SALES. In 2021, we increased by +9.8 percent with 450 PENDING SALES. This year we decreased by -30.4 percent with 313 PENDING SALES. 

OCTOBER 2022 Average Days on Market:

Let's view OCTOBER of 2020, where we see there were 25 AVERAGE DAYS ON MARKET. In 2021, we decreased from the previous year by -28.0 percent with 18 Average Days on the Market. This year we increased by +61.1 percent with 29 Average Days on the Market. 

OCTOBER 2022 Months Supply of Homes for Sale:

In OCTOBER of 2020, the MONTHS SUPPLY OF HOMES FOR SALE was 1.2 months. In 2021 we decreased by -8.3 percent with a 1.1 MONTHS SUPPLY OF HOMES FOR SALE. This year we increased from the previous year by +45.5 percent with a 1.6 MONTHS SUPPLY OF HOMES FOR SALE. 

OCTOBER 2022 Showings to Pending:

In OCTOBER of 2020, the Showings to Pending were 18. In 2021 we stayed even with the previous year with 18 showings to pending. This year we decreased from the previous year by -5.6 percent to 17 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 a bit, but as you see, the number of showings to pending is averaging 17, 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!!