Monday, April 18, 2011

SC Single-Family Median Sales Price Increases 1.1 Percent to $156,661

http://screnews.blogspot.com/2011/04/sc-single-family-median-sales-price.html

Friday, April 15, 2011
South Carolina REALTORS® (SCR) today released its March 2011 Market Reports. On the housing supply front, the largest gain occurred in the $100,000 and Below rage, with an increase of 8.8 percent to 12,420 units; while Pending Sales in the state were down 7.4 percent from the same period one year prior.

The segment with the largest increase in the market was the $100,001 to $150,000 range. The $100,000 and Below segment tended to sell the quickest at 125 days, while the slowest was the $300,001 and Above range at 186 days. Prices were up 0.3 percent across the board. Single-Family properties saw the largest price gain, where the Median Sales Price increased 1.1 percent to $156,661. Meanwhile, Condo inventory levels have decreased 14.6 percent, and Single-Family inventory levels have decreased 3.6 percent