Tega Cay, SC Home Sales Update: December 2022. Market Has Softened.
By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Tega Cay, SC real estate market in December 2022...What you need to know...What it means for you... Tega Cay real estate home prices increased year-over-year, but pulled back month-over-month in December 2022. And while, days on market increased, inventory was down as were new listings. Months supply of inventory was flat year-over-year and down month-over-month. After doubling, year-over-year, in November, December closed homes sales dropped 32%. Lack of inventory and fewer new listings contributed to the lower home sales. TEGA CAY HOUSING MARKET HIGHLIGHTS:DECEMBER 2022 VERSUS DECEMBER 2021 HOUSING INVENTORY DOWN & NEW LISTINGS DOWN YEAR-OVER-YEAR IN DECEMBER 2022Tega Cay's months of housing inventory was 0.9 months, flat compared with one year ago, but lower by...
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