Despite what you hear on the national news, houses in Fort Mill ARE selling. They may take a bit longer to sell, but they do sell. And for pretty close to asking price, too.

Every once in a while I ask local realtor Carmen Miller for an update on the real estate market, and there has been some good news! In the 4th quarter of 2009, homes sold in Fort Mill were on the market for about 100 days and received 97% of their listing price. In November 2009 alone, Indian Land had great stats – the homes that sold averaged a mere 30 days on the market and got 98% of asking price. Tega Cay’s sold homes garnered 96% of asking price after almost 150 days on the market.

Not as many homes sold in 2009 as were sold in 2008, but that’s not surprising given the nature of the market on the whole. It’s also highly likely that many buyers, hearing of such huge drops on the national landscape, were hoping that prices would drop here and kept holding off on putting in offers. Fortunately, our price drops were miniscule in comparison with other areas of the country.

Moving forward, I’m not the only one with high hopes in 2010. I’ve heard more than a few people talk about diving into the Fort Mill housing market this year, whether it’s selling in order to upgrade their home in another part of town, or buying their first place. My hope is that in 12 months time we’ll all be breathing a sigh of relief as Fort Mill, Indian Land and Tega Cay continue to remain a constant in the national landscape of real estate improvement.

photo credit: woodleywonderworks