Aug
19

S.C. Homes Sales Up 13.4% in July

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The real estate market is making a comeback from the depths of the Great Recession, with many indicators moving in a positive direction, but don’t expect housing to resume its role as the engine pulling the train in the short term, South Carolina Realtors said in its monthly home sales report.

Data for July suggests a quickening trend toward rising prices, more homes sold and a shorter time on the market. The number of homes sold statewide rose 13.4% last month, boosting the year-to-date increase to 8.6%. The median price in July was $156,000, up 4% from July 2011. And days on the market shrank 7.5% to an average 130 days.

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    Categories : South Carolina News

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