Fort Mill, SC Months Supply Of Homes Still Under One Month: Oct 2021
By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Fort Mill, SC real estate market in October 2021 and what it means for you... Fort Mill's housing market (29715 and 29708 zip codes) remained a seller's market in October with lower inventory, lower months supply of housing, fewer days on market, and higher average and median home sale prices compared with the same month one year ago. Pending sales increased 2.6%. Closed sales dropped 38.5% year-over-year in October. Lack of inventory limited the number of pending and closed sales in October. New listings decreased 5.5% in Fort Mill year-over-year. Housing inventory dropped 37.4% year-over-year. The months supply of homes decreased 38.5% to 0.8 months from 1.3 months in the same month one year ago and from 2.2 months in the same month two years ago. The months supply...