COLUMBIA, S.C. – February 15, 2011 – (RealEstateRama) — South Carolina REALTORS® (SCR) today released its January 2011 Market Reports. The data reveals overall inventory dropped slightly from last year to 54,681 properties. There were 12.7 percent fewer condo properties, while single-family homes had a much smaller 0.4 percent decrease. That amounted to 13.1 months of single-family supply and 16.1 months of condo supply.The price range that had the longest Days on Market Until Sale was the $300,001 and above range, where the average market time was 186 days. The range that had the shortest market time was the $100,001 and below bracket, where it’s taking 121 days for a home to sell, on average.
January 2011 Statewide reports are attached. Please contact local boards for data by area. Contact Sharon Delia, SCR Communications Director, for archived reports.
Questions about the data? Contact Nick Kremydas at 803.772.5206
South Carolina REALTORS® (SCR) is the largest professional trade association in the state, serving as the voice of real estate for more than 15,000 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®.