COLUMBIA, S.C. – April 17, 2012 – (RealEstateRama) — South Carolina REALTORS® (SCR) today released its March Statewide Market Reports.
New Listings in South Carolina decreased 11.3 percent to 9,413. Pending Sales were up 8.6 percent to 5,254. Inventory levels shrank 15.9 percent to 49,249 units. Prices were fairly stable. The Median Sales Price decreased 0.1 percent to $144,825 and Days on Market was down 4.4 percent to 139 days. Absorption rates improved as Months Supply of Inventory was down 19.6 percent to 11.8 months.
Statewide reports are attached. 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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