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Winter 2012 Market Update
This area is holding value moreso than other areas in the nation, although we are seeing a slight decrease in property values. Homes are continuing to sell, however, and the best ones are selling quickly and receiving multiple offers.
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| Average Home Price | $175,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 0-5% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $100,000 - $149,000 |
| Worst Selling Price Range | $500,000 - $549,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Rock Hill is | Increasing |
| Seller Activity for the past 90 days in Rock Hill is? | Decreasing |
| Multiple Offers? | Yes |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Rock Hill! |
| Nearest Metro Area | Rock Hill |
| Housing Hot Spots | This area is booming with new urban lifestyle choices, such as The Palisades, The Sanctuary, Baxter Village and Springfield. There are many new developments in Lake Wylie, Fort Mill and Rock Hill, in all types and ranges. If you have ever dreamed of owning a home on the Lake, there are some REAL BARGAINS for waterfront properties on Lake Wylie right now...THIS is the time to BUY!!! |
| Average Sold Price | $175,000 - View Graph Trend |
Rock Hill Local News
News for Rock Hill, SC - Wednesday June 17th, 2009 1:18pm
This area has always held steady throughout the real estate boom...because we did not experience the skyrocketing, over-inflated house prices that some other areas did, we are not seeing the nosedive market correction. Although we do have our share of foreclosures and short sales, and our property values have shown a slight decline, our market is still holding as compared with other areas of the nation. However, this remains the best time to buy, perhaps, in the history of real estate record keeping. With the house prices down, and interest rates still low, plus the $8000 tax credit (if you qualify as a first time homebuyer), as well as other incentives on specific properties, we may never see these bargains again in our lifetime. Call me toll free to hear about the deals of the week! 866-751-SOLD (7653)
Contact Information
Sandy Howard
704-575-8777
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.60%
15 yr. jumbo rate: 3.96%
Home Values
StreetZip Code
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Sandy Howard
Keller Williams Realty @ Baxter Village
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 704-575-8777
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