Published Sept. 14, 2012
The South Carolina housing market appears to be on the upswing, according to a report by South Carolina Realtors.
Comparing the latest August numbers to August 2011, new listings in South Carolina remained steady at 8,264, while pending sales rose 16.6% to 5,082. Inventory levels shrank 14.8% to 47,929 units.
Total homes sold for the month reached 5,099, an increase of 11.5% over last year.
Home prices also rose. The median sales price increased 4% to $155,000. Days on market fell 4.2% to 129 days.
The price range with the largest gain in sales was the $200,001 to $300,000 range, where the prices increased 17%.
August home sales