PrintPrint
The South Carolina housing market appears to be on the upswing, according to the latest report by South Carolina Realtors. Total homes sold for the month reached 5,099, an increase of 11.5% over last year. In the greater Columbia area, home sales spiked 22.4%.
Staff Report
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%.
| Market Charleston Trident Statewide | August 2011 937 4,575 | August 2012 1,008 5,099 | Percent change 7.6% 11.5% |
|
Print