Fort Mill, SC Housing Market Update: February 2021
By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Fort Mill real estate market in February 2021 and what it means for you... Fort Mill's housing market (29715 and 29708 zip codes) remained a seller's market in February with much lower inventory, lower months supply of housing, a decrease in new listings, higher average home sale prices, and lower pending and closed sales. Pending sales decreased 5.1% and closed sales decreased 12.9% year-over-year in February. Lack of inventory is holding back increases in sales. New listings decreased 6.8% in Fort Mill year-over-year. Housing inventory dropped 63.5% year-over-year. The months supply of homes decreased 61.1% to just 0.7 months from 1.8 months in the same month one year ago. Average days on market decreased 20 days to 19 days versus the same month one year ago. Me...
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