October seemed to be a month full of bad economic news. So how did Tega Cay SC home sales fair with bad news hitting daily? October 2008 home sales in Tega Cay SC were not too far off of September’s. Homes sold were down one transaction or 8 percent. Incidentally October 2008 Tega Cay home sales were down 21% compared to October 2006. And the sold price to listing price ratio is holding strong at 98 percent of list price. There are a total of 111 active single family homes for sale in Tega Cay SC listed in the Charlotte MLS system.
Here is the spreadsheet comparing the October year to year comparisons in Tega Cay SC.
|Tega Cay Home Sales Comparison|
|Number of Homes Sold||12||11||-8.33%|
|Average Number of Bedrooms||4||4||0.00%|
|Average Square Footage||2,519||2,513||-0.24%|
|Sales Price Comparisons|
|Average List Price||$272,447||$318,518||16.91%|
|Average Sold Price||$267,162||$309,814||15.96%|
|Lowest % List Price to Sold Price||89%||93%||4.49%|
|Higest % List Price to Sold Price||108%||100%||-7.41%|
|Average % List Price to Sold Price Ratio||98%||98%||0.00%|
|Days on the Market|
|Longest Days on the Market||261||246||-5.75%|
|Shortest Days on the Market||6||21||250.00%|
|Average Days on the Market||100||78||-22.00%|
|Homes sold price categories|
|Sold under $350,000||10||9||-10.00%|
|Data source is the Carolina Multiple Listing Service|
|Single family home sales|
I do want to point out that the Charlotte MLS sales reports show only the most recent listed sales price. So if the agent changed the price during the course of the listing the current listed price may not be the original asking price.
To discuss or for more information please contact me.
Carmen S MillerCentury 21® First Choice 206 Rockmont Dr | Fort Mill, SC 29708 C: 803-322-3479 firstname.lastname@example.org www.carmensmiller.com