Tega Cay, SC – The real estate market in Tega Cay continues to demonstrate robust growth, as reflected in the latest market snapshot provided by Sally Awad Luxury Properties. As of July 31, 2024, the median estimated home value in Tega Cay stands at $573,000, reflecting a series of upward trends that underscore the area’s attractiveness to homebuyers and investors alike.
Over the last month, home values in Tega Cay have seen a modest increase of 0.61%. However, the growth is even more significant when viewed over longer periods. Over the past three months, home values have risen by 2.65%, while a year-over-year comparison shows a 2.74% increase. Looking further back, the change over the last 24 months has been 2.81%, illustrating steady and consistent appreciation in home values in the area.
One of the most striking figures from the market snapshot is the 29.77% increase in home values over the last 36 months. This substantial growth highlights Tega Cay’s appeal as a desirable location, with a strong real estate market driven by the area’s community amenities, proximity to major urban centers, and high quality of life.
Sally Awad, a leading real estate expert in the region, emphasizes the importance of staying informed about market trends. “Understanding the trajectory of home values is crucial for both buyers and sellers. Whether you’re looking to buy a home or considering selling, these trends offer valuable insights into the market’s direction,” said Awad.
As the Tega Cay real estate market continues to thrive, potential homeowners and investors are encouraged to stay updated on market trends to make informed decisions. For those interested in learning more about their home’s value, Sally Awad Luxury Properties provides personalized market assessments and expert guidance.
For more information or to schedule a consultation, contact Sally Awad Luxury Properties at 980-301-3552 or visit their website.
About Sally Awad Luxury Properties: Sally Awad Luxury Properties is a premier real estate firm specializing in the Tega Cay, Fort Mill, and greater Charlotte areas. With a focus on luxury properties, the firm is dedicated to providing clients with exceptional service, deep market knowledge, and personalized attention to meet their real estate needs.
