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SC Real Estate Market Showing Signs Of Upswing

Categories: Uncategorized | Posted: November 2, 2012

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.

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