December 2014 Charlotte Housing Market Update - Fort Mill, SC Area
By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
December 2014 showed a solid improvement in home sales in the Fort Mill, South Carolina area (which also includes Tega Cay) of the Charlotte metro region. The average sale price of Fort Mill/Tega Cay area homes increased by 6.8% to just over $282,000 versus December 2013, while days on market for property listings dropped to 42 days, a significant 33.3% improvement over the same period last year. Price per square foot also increased by 5.8% to $110/square foot during December versus the same period in 2013. Closed sales of homes in Fort Mill/Tega Cay were up 12.1% versus the same period last year with 1,311 homes closing in the month of December 2014. Pending sales in December were also up significantly--13.7% versus December 2013. The average percent of original list price that seller...
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