Tega Cay Real Estate April 2025

TEGA CAY REAL ESTATE APRIL 2025 HIGHLIGHTS

In April 2025, Tega Cay’s real estate market showed stable, but mixed activity.   Inventory rose slightly to 105 properties, the highest level in three years. Tega Cay real estate inventory increased 41.89% compared with April 2024. Despite the increase, the months supply of inventory declined to 5.25 months from 7.36 in March, signaling a return to a balanced market after favoring buyers in the first three months of 2025.

New listings remained steady at 26 both month-over-month and year-over-year. Closed sales increased to 20, up from 14 in March but still below the 24 sales seen in April 2024. Average days on market were 53, down from 64 the previous month, but still considerably higher than in April 2024 and April 2023.

Sale prices declined month-over-month and year-over-year. The average sale price was $578,980, down 3.17% from March and 8.59% lower than in April 2024. The median sale price fell to $460,000, a 9.8% drop from March and down 22.69% year-over-year. These declines appear to be driven by the price mix of homes sold rather than falling property values overall. Price per square foot was $245, down from $273 in March but still 3.81% higher than a year ago. The list to sale price ratio held steady at 97.61% month-over-month, but below April 2024’s 100.16%

TEGA CAY REAL ESTATE: APRIL 2025 SNAPSHOT

HOUSING INVENTORY AT HIGHEST LEVEL IN THREE YEARS

Tega Cay properties for sale in April 2025 increased slightly from 103 properties in March to 105 properties. At 105 properties for sale, this was the highest level of inventory Tega Cay has seen in the past three years. Compared with April 2024, Tega Cay inventory was 41.89% higher than the 74 properties one year ago. Tega Cay inventory was also higher than in April 2023 when it stood at 69 properties for sale.

MONTHS SUPPLY OF INVENTORY 

Despite higher inventory, Tega Cay’s months supply of inventory in April 2025 declined to 5.25 months from 7.36 months in March, shifting Tega Cay back into a balanced marked from a home buyer’s market for the first time in 2025.

NEW LISTINGS FLAT

New listings in Tega Cay remained flat in April 2025, increasing by just one to 26 from the previous month of March and from April one year ago. New listings in April 2025 were lower by two compared with April 2023.

TEGA CAY SALES 

Tega Cay had 20 sales in April 2025, up 42.86% from 14 sales in the previous month of March.  The number of sales was 16.67% lower than in April 2024, which saw 24 sales. Sales in April 2025 were higher compared with April 2023, which saw 12 sales.  April sales were at their highest level since May 2024, which saw 28 sales.

DAYS ON MARKET 

After increasing to their highest level in three years, average days on market in Tega Cay declined  17.19% to 53 days from 64 days one month ago. Days on market in April 2025 were 40 days higher than in April one year ago and 30 days higher than in April 2023.

TEGA CAY HOME SALE PRICES 

Average sale price in April 2025 was $578,980, down 3.17% from $597,920 in the previous month of March.  Compared with April 2024, average sale price was 8.59% lower than the $633,381 one year ago. 

Median sale price of Tega Cay homes in April 2025 declined 9.8% to $460,000 from $510,000 in the previous month of March. Year-over-year, Tega Cay’s median sale price declined 22.69% from $595,000.

With just 20 sales in April 2025, 24 sales in April 2024, and 12 sales in April 2023, the lower sale prices in the current year are most likely the result of the price mix of homes sold in Tega Cay and not a decline in Tega Cay home values.

Price per square foot was $245 in April 2025, down 10.26% from $273 in the previous month of March. Compared with April 2024, price per square foot was 3.81% higher than $236 one year ago. 

TEGA CAY HOMES LIST TO SALE PRICE RATIO 

The April 2025 list to sale price ratio of 97.61% was flat compared with one month ago and down from 100.16% in April one year ago.

MEDIAN HOME PRICE TRENDS IN TEGA CAY, SC

ROLLING 12-MONTH AVERAGE

 

 

 

Want to know what this would mean for your family if you decide to buy or sell a Tega Cay home?

 

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Did you know… Tega Cay has been ranked by niche.com as…

• The #1 best place/suburb to live in in the Charlotte metro area?
• The #1 best place/suburb to live in South Carolina?
• The #1 best place/suburb to raise a family in South Carolina?
• The #1 best place/suburb for public schools in South Carolina?

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FREE Home Buyer Guide “Things To Consider When Buying A Home”

 

WONDERING WHAT YOUR TEGA CAY HOME IS WORTH?

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Note: If you don’t see your subdivision or complex, or the data looks incomplete, it’s because there weren’t enough properties sold in a given year.

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Tega Cay on Lake Wylie is All About Location, Location, Location and Lifestyle, Lifestyle, Lifestyle!

 

In Polynesian, “tega cay” means beautiful peninsula… which is exactly what Tega Cay, South Carolina is… a beautiful 1600 acre peninsula on Lake Wylie just 20 miles south of Charlotte, North Carolina. The Tega Cay community began developing in the 1970’s and was originally modeled after a Polynesia resort. It includes the Tega Cay Golf Club, a 27-hole golf course, a marina, the Tega Cay Beach & Swim Center, tennis courts at the Tega Cay Tennis Club, walking trails, waterfront parks and ball fields, and so much more. The town also has its own Police Department, Fire Department and Emergency Services Squad.

 

TEGA CAY TENNIS & GOLF CLUB: VIDEO

 

Tega Cay’s motto is “Bonae Vitae/The Good Life” and once you visit and take a look around, you know exactly why that’s so. An upscale, lake-side community, Tega Cay provides a high quality of life, reasonable cost of living, and top-rated public schools. Its small-town feeling provides security and comfort, and sitting on Lake Wylie, it also provides virtually year-round recreation, including boating, golf, tennis, and more. Tega Cay’s Park and Recreation Department is home to more than 4,500 participants annually and features youth baseball, flag football, soccer and softball. But adults are not left out with adult softball, kickball and senior games. And where else would you find both youth and adult croquet games?

 

 

TEGA CAY TRAIL & RIVER LAUNCH VIDEO

This Charlotte, North Carolina update for Tega Cay real estate is provided by  Nina Hollander, Coldwell Banker Realty, Greater Charlotte  residential real estate expert and Tega Cay specialist. I’ve been opening doors for Tega Cay home buyers and sellers since 1999.

 

If you’re considering selling or purchasing a home in Tega Cay or anywhere in the Greater Charlotte region, I’d love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:

“The Right Broker Makes All The Difference.”

 

PREVIOUS 2025 TEGA CAY REAL ESTATE REPORTS

Tega Cay Real Estate: March 2025

Tega Cay Real Estate: February 2025

Tega Cay Real Estate: January 2025

 

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