Based on data from Sally Awad Premier Sotheby’s International Realty and local market activity
The real estate landscape in Tega Cay, South Carolina, continues to demonstrate resilience and desirability as we move through November 2025. This month’s market report, reflecting data available through Premier Sotheby’s International Realty, highlights a market that is evolving into a more balanced yet competitive environment. With distinct shifts in pricing, inventory, and days on the market, both buyers and sellers have new strategic factors to consider.
Market Overview: Price Growth and Stability
November 2025 data points to continued value appreciation in Tega Cay. The median sale price for homes in the area has shown robust growth year-over-year.
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Median Sale Price: Recent statistics indicate the median sale price is hovering around $566,000, representing a significant increase (approximately 14%) compared to the same time last year.
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Price Per Square Foot: Values have seen a steady climb, with the median price per square foot reaching roughly $238, up over 8% annually.
This appreciation underscores Tega Cay’s persistent appeal as a lakeside community with top-rated schools and recreational amenities. High-end properties, particularly those with waterfront views or in established neighborhoods like River Hills and Lake Shore, continue to command premium prices, pushing the upper tier of the market well over the $1 million mark.
Average Sales Price and Number of Properties for Sale
Average Sales/List Price
Inventory and Days on Market
One of the most notable shifts in the November 2025 report is the change in the pace of sales.
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Days on Market: Homes are spending longer on the market compared to the rapid-fire pace of previous years. The average time to sell has increased to approximately 88 days. This deceleration suggests that buyers are becoming more selective, taking the time to conduct due diligence rather than engaging in immediate bidding wars.
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Inventory Levels: Inventory remains tight but is slowly expanding. This “somewhat competitive” environment means that while sellers are still receiving strong offers, the frenzy has cooled slightly, allowing for more normalized negotiation periods.
Listing Inventory and Number of Sales
Buyer and Seller Dynamics
For Sellers: Despite the longer days on market, Tega Cay remains a seller’s market. The year-over-year price increases show that equity is building fast. However, the data suggests that pricing strategy is critical. With nearly 28% of listings seeing price drops before selling, aspirational pricing is less effective than it was in 2023 or 2024. Homes priced accurately from the start are still moving efficiently.
For Buyers: The slight cooling in sale velocity offers a window of opportunity. The increased days on market means buyers have more breathing room to make decisions. Furthermore, while prices are up, the stabilization of inventory provides more options than were available during the peak shortage months.
Recent Market Activity
Activity in November 2025 has been steady, with a diverse range of properties changing hands. Recent closed sales illustrate the variety of options available in Tega Cay:
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Single-Family Homes: Standard family homes have seen activity in the $420,000 to $650,000 range, catering to the core residential demand.
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Luxury Segment: The luxury market remains active, with properties in the $700,000+ range continuing to close, reflecting the area’s status as a premier suburb of Charlotte.
Conclusion
The Tega Cay Real Estate Market Report for November 2025 paints a picture of a healthy, maturing market. The double-digit price growth affirms the area’s long-term investment value, while the normalizing pace of sales indicates a return to a more traditional real estate cycle.
For detailed listings and to view the full scope of the market data, you can visit the Premier Sotheby’s International Realty Market Report.
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