April 30, 2025

Contact: Kim Walker, 704-940-3149

Residential Sales Trends in York, Lancaster, Chester and  Chesterfield Counties

CHARLOTTE, N.C. — Canopy MLS reports on residential sales trends in the contiguous counties to Mecklenburg County, which includes York, Lancaster, Chester, and Chesterfield, South Carolina. Data included in this report is for single-family, condo, and townhome property types only, for the geographies mentioned above.

Inventory continued to rise substantially, increasing 64.0 percent year-over-year to 1,492 available homes, up significantly from last March's 910 listings. Month-over-month, inventory grew by 4.6 percent from February’s total of 1,426 properties, pushing the months' supply of inventory upward to 2.8 months—a significant increase of 55.6 percent compared to March 2024. New construction remains an essential part of the inventory landscape, comprising roughly 24 percent of total homes available.

Homeowners signaled increased confidence heading into spring, with new listings surging by 39.0 percent year-over-year, to 874 new properties, compared to 629 new listings in March 2024. This marks continued growth over February’s 757 listings, highlighting sellers' eagerness to engage with the active spring market. Notably, all counties in the region experienced a significant increase in new listings this month, demonstrating widespread optimism, despite economic uncertainty.

Buyer interest remained healthy, as indicated by pending sales which rose 20.1 percent year-over-year to 674 contracts from 561 contracts last year and a 33.2 percent month-over-month increase. Approximately 33 percent of pending sales involved newly built homes, reflecting strong ongoing interest in new construction throughout the region and its effect on alleviating tight market constraints of years past.

Showing activity increased notably, underscoring sustained buyer interest. York County averaged 5.3 showings per listing (or potential buyers), while Lancaster County reported an average of 4.6. Chester and Chesterfield counties recorded 3.0 and 1.5 showings per listing, respectively.

Closed sales, however, reflected stability rather than growth, with 523 homes sold, a slight decline of 0.8 percent compared to March 2024. Still, the monthly comparison showed an encouraging upward trend of 27.9 percent from February’s 409 closings, suggesting continued market momentum heading into the typically active spring months.

“March housing data clearly indicates a healthy upswing, with substantial growth in inventory and increased buyer activity,” noted Colleen Coesens, Canopy MLS Board member representing South Carolina and Realtor®/broker with EXP Realty in Rock Hill. “Although sales have remained stable, we’re seeing a strong pipeline of contracts and listings, pointing toward a busy and competitive spring.”

Home prices displayed resilience and modest appreciation in March, with the median sales price rising 4.1 percent year-over-year to $385,000. Compared to February, the median price rebounded 5.5 percent from $365,000. Similarly, the average sales price saw a healthy annual gain of 4.3 percent, reaching $439,451, up from $421,144 last year, and marking a positive monthly recovery from February’s $426,830.

Homes took slightly longer to sell, averaging 54 days on market—an increase of 14.9 percent from March 2024. Nevertheless, market time remained unchanged from February, indicating seller adaptability in pricing strategy. The average days on market for Q1 of 2025 is at 56 days which is 11 days more than the market witnessed in Q1 of 2024. Sellers realized an average of 98.2 percent of the original list price, down slightly from 98.9 percent in March 2024, but marginally improved from the 98.0 percent seen in February.

Coesens further highlighted, “The stabilization in home prices and increased days on market are creating opportunities for both buyers and sellers. Strategic pricing and informed decision-making will be critical in the coming months as demand remains high for well-priced, move-in ready homes.”

A closer look at the four South Carolina counties

York County saw a slight uptick in closed sales, increasing 1.8 percent year-over-year with 347 homes sold. Pending sales rose 24.7 percent to 460, while new listings expanded significantly by 31.1 percent to 565. Inventory increased to 924 homes, up 57.9 percent from last year, raising the months’ supply to 2.6. The median sales price grew by 6.3 percent to $391,250, and the average sales price rose by 1.7 percent to $448,880. Homes spent more time on the market, with average days on market rising 15.9 percent to 51 days.

Lancaster County recorded a 15.1 percent decline in closed sales with 129 homes sold. Pending sales increased modestly by 8.3 percent to 156, and new listings surged 48.0 percent to 222. Inventory jumped by 78.2 percent to 392 homes, with months’ supply climbing to 2.9. The median sales price increased 9.0 percent to $430,440, while the average sales price rose 12.1 percent to $459,543. Days on market ticked up 14.9 percent to 54 days.

Chesterfield County experienced a 41.7 percent increase in closed sales with 17 homes sold. New listings surged 144.4 percent to 22, and pending sales doubled to 16. Inventory nearly doubled as well, growing 80.0 percent to 63 homes, pushing months’ supply to 5.9. Median sales price declined 17.5 percent to $215,000, and the average sales price dropped 20.3 percent to $230,753. Despite the increase in activity, homes moved faster, with days on market falling 40.0 percent to 84 days.

Chester County had a decline in closed sales of 18.2 percent, with 18 homes sold. However, pending sales rose 18.9 percent to 44, and new listings soared 77.8 percent to 64. Inventory expanded 50.7 percent to 110 homes, and the months’ supply climbed to 3.5. The median sales price increased 15.1 percent to $296,500, while the average sales price rose 10.4 percent to $287,267. Homes took the same amount of time to sell as last year, with days on market holding steady at 53 days.

Canopy Realtor^® Association provides monthly reports on residential real estate market activity for the Charlotte region based on data from Canopy MLS. This report is based on the four South Carolina counties that are also included in the Charlotte region (Chester, Chesterfield, Lancaster, and York Counties).  For more details, visit the monthly report this release is based on, and search for “Piedmont Regional Association of Realtors®". 

See also Charlotte region reports and individual county reports for York, Lancaster, Chester and Chesterfield.  For more residential-housing market statistics, visit www.CarolinaHome.com and click on “Market Data.” For an interview with Canopy MLS South Carolina representative, Colleen Coesens, Realtor®/Broker-in-charge with EXP Realty, Fort Mill, please contact Kim Walker.

Canopy MLS is a wholly-owned subsidiary corporation of Canopy Realtor® Association and is the private broker cooperative used by Realtors® to bring buyers and sellers together with access to thousands of residential listings in a multicounty service area, including Charlotte, Asheville and Catawba Valley regions spanning across North Carolina, South Carolina and outside of the Carolinas. Canopy MLS, which has 21,000 subscribers, provides the most trustworthy, timely, accurate and complete property data along with proprietary tools for showings, market stats, predictive analytics, and more. Canopy MLS is used by its members to support consumers in their residential real estate transactions, whether selling, buying, investing or renting.

Original Publish Date: 4/30/2025