May
15

South Carolina REALTORS® Releases Statewide Market Reports

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South Carolina REALTORS® (SCR) today released its April Statewide Market Reports.

The reports indicate prices are going up and most metropolitan markets are between recovery and normalization.

  • New Listings in the state of South Carolina increased 4.7 percent to 10,623.
  • Pending Sales were down 0.4 percent to 6,190.
  • Inventory levels shrank 1.6 percent to 48,185 units.
  • Prices moved higher as the Median Sales Price increased 4.8 percent to $159,000.
  • Days on Market was down 1.6 percent to 120 days.
  • Absorption rates improved as Months Supply of Inventory was down 10.0 percent to 9.0 months.
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