SC Real Estate Market Showing Signs Of Upswing

Columbia, SC (WLTX) -- A report from the South Carolina Realtors Association comparing year-to-year numbers show there is positive movement in the SC market. Comparing September of 2011 with September of this year: New Listings Are Up 0.5% Median Sales Prices Are Up 4.3% Pending Sales Are Up 14.6% Inventory Levels Drop 13.9% Days On Market Drop 11.3% All the numbers taken together demonstrate the state real estate market is showing positive signs: more people are selling and buying houses, there is a bit less inventory that then is pushing prices higher, and homes are staying for sale on the market a shorter period of time prior to purchase.