York County Real Estate Market Update - June 2024

Experience the Market Insights: Before digging into the detailed recap, we invite you to watch the video presented by the Bigach2Follow team at Keller Williams.

Welcome to June’s Market Minute!

Let’s talk about the real estate market numbers for York County, SC, and how they impact you.

We do this every month, and it feels like time is flying by faster each time. It's June, and we’re in the heart of the buying and selling season. 

I want to take a moment to brag about our team. In May, the Bigach2Follow team signed more listings and went under contract with the highest volume we've seen. We were the top performers! We're so thankful to our clients and everyone who trusts us to guide them towards their real estate goals.

Yes, we help people buy and sell homes, but more than that, we’re in the relationship business. We help families embark on their next life adventure.

Like my first-time home buyer who was intimidated by the process and needed someone he could trust to give him all the information, explain it, and make sure he was protected and felt comfortable.

Or the couple whose home I listed that decided to downsize so they could move into a home with less maintenance…

Or the family we are working with now who is moving from a subdivision onto acreage so the kids can play, fish, ride 4-wheelers, and he can build a woodworking shop. I love a happy ending!

While we’re sharing positive news, let's include our brokerage, Keller Williams. Everyone on our team, Bigach2Follow, hangs our licenses under Keller Williams. Keller Williams is the #1 brokerage in the US, holding the top spot in agent count, units, and sales volume. In our local MLS, Keller Williams outperforms other brokerages and has more market share. 

Did you know they were listed on the “Top Franchises for Women”? As an all-female team, that doesn't surprise us, but it's good to know.

Now, let’s run through the numbers quickly.

• - In May, 553 homes were listed, up nearly 18% from last month but still a bit below the average for May.

- The average sales price was $461,000, up 9.7% from last year and a little over 1% from April.

- Days on the market rose slightly to 35.

- Sellers received 97.4% of their original list price when they closed in May, higher than they received a year ago.

To break that down, we saw an increase in activity with more listings and more homes closing. Buyers can negotiate prices and seller credits, and we’re seeing more lending programs offering down payment assistance to help buyers.

Whether you're thinking about buying or selling, consider the Bigach2Follow team at Keller Williams your local real estate experts. We're here to guide you through the market and help you reach your real estate goals!

We want to see you on your next adventure!