Lake Wylie Southeast Real Estate Market - View Lake Wylie Southeast Real Estate Market Trends in South Carolina

Spring 2012 Market Update If you can qualify, now is an exceptional time to buy a home in Lake Wylie Southeast. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 803-289-0282
Average Home Price	$350,000 - View Graph Trend

Average Price Compared to Last Year	Down 15-20%

Average Time on Market	More than 120 days

Best Selling Price Range	$150,000 - $199,000

Worst Selling Price Range	$500,000 - $549,000

Prices As % of Asking Price	90-95%

Existing Home Prices for the past 90 days are?	Decreasing

Market Trend	Increasing

Buyers’ or Sellers’ Market	More sellers than buyers

Buyer Activity for the past 90 days in Lake Wylie Southeast is	No Change

Seller Activity for the past 90 days in Lake Wylie Southeast is?	No Change

Multiple Offers?	No

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	15-20%

Is Financing Available For Qualified Buyers?	Yes

Housing Inventory	Good supply - Some Prices

Greatest Activity	Repeat Buyers

Reason to Buy/Sell	Population Growth

Nearest Metro Area	Charlotte, NC

Housing Hot Spots	Most cities within the York County area are considered 'Housing Hotspots' especially the Lake Wylie area due to being on the Lake Wylie waterfront areas.

Average Sold Price	$350,000 - View Graph Trend

Lake Wylie Southeast Local News

News for Lake Wylie Southeast, SC - September 27th, 2010 4:49pm
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September 2010 (1)

Mortgage Rates

– May 28th, 2012 –
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30 yr. fixed rate: 3.82%
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%

Home Values

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Agent quarterly survey shows growing optimism toward a housing market recovery

End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.

Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.

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Lake Wylie Southeast Real Estate Market Trends – South Carolina

Lake Wylie Southeast Real Estate Market Conditions and Trends