South Carolina REALTORS® Release September Market Data

COLUMBIA, S.C. – October 16, 2015 – (RealEstateRama) — South Carolina REALTORS® (SCR) today released its September real estate market data.

According to the reports, there are five percent more new listings across South Carolina totaling 8,622. Pending Sales decreased three percent to 5,203, and there is five percent less inventory to choose from with 38,368 homes on the market. Prices moved higher as Median Sales Price was up seven percent to $174,460. Homes sold faster throughout September with most on the market for 99 days. Months Supply of Inventory was down almost 17 percent to six months.

“September proved to be a good month for real estate in South Carolina. However, the recent flooding coupled with the newly implemented closing rules we expect that next month’s numbers will look quite different,” said SCR CEO Nick Kremydas.

Please contact local boards for data by area. Questions about the attached statewide data? Contact Nick Kremydas at 803.772.5206.

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South Carolina REALTORS® (SCR), the largest professional trade association in the state, serves as the voice of real estate for 17,000 members involved in all aspects of the residential and commercial real estate industries. REALTOR® is a registered trademark that identifies a professional in real estate who subscribes to a strict code of ethics as a member of SCR and the National Association of REALTORS®.

CONTACT: Sharon Delia (803) 772-5206