Key Indicators
Median Price of Homes
COLUMBIA, SC - October 17, 2011 - South Carolina REALTORS® (SCR) today released its September 2011 statewide market reports.- New Listings in South Carolina decreased 27.1 percent to 6,195.
- Pending Sales were down 10.7 percent to 3,319.
- Inventory levels shrank 15.4 percent to 52,611 units, a positive supply side trend that should bring additional stability. Prices were fairly stable.
- The Median Sales Price increased 1.0 percent to $150,000, while Days on Market increased 9.1 percent to 145 days.
- And, absorption rates improved as Months Supply of Inventory was down 11.1 percent to 13.2 months.
On a national front, manufacturing activity, construction spending and
overall job growth all picked up in September. And, the federal
government's Operation Twist, helped push mortgage rates to record lows;
under 4.0 percent for the first time ever.
Source: South Carolina Realtors
Total Passengers at the Columbia Metropolitan Airport
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