November market report data correction

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COLUMBIA, S.C. – December 19, 2011 – (RealEstateRama) — South Carolina REALTORS® (SCR) released its November 2011 statewide market reports last week, which included an error in the MLS statistics for Greater Columbia. The original statewide report showed 123 closed sales for November 2011 compared to 435 closed sales for November 2010, which would have indicated a 71 percent loss. Instead, the corrected report shows 491 closed sales for November 2011, resulting in a gain of 12.9 percent. Please see the attachment for more details.

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

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South Carolina REALTORS® (SCR) is the largest professional trade association in the state, serving as the voice of real estate for more than 14,000 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®.

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