South Carolina REALTORS® Release September Market Numbers

COLUMBIA, S.C. – October 15, 2012 – (RealEstateRama) — South Carolina REALTORS® (SCR) today released its September Statewide Market Reports. In comparing the numbers to September 2011, New Listings in South Carolina increased 0.5 percent to 7,173, while Pending Sales were up 14.6 percent to 4,148. Inventory levels shrank 13.9 percent to 47,520 units. Prices gazed skyward. The Median Sales Price increased 4.3 percent to $154,000. Days on Market was down 11.3 percent to 126 days. The supply-demand balanced stabilized as Months Supply of Inventory was down 24.1 percent to 10.6 months.