May 2016 HOUSING SUPPLY OVERVIEW

Pending sales were up 7.5 percent overall for the 12-month period spanning June 2015 through May 2016. The price range, $300,001 and above, had the largest gain in sales with an increase of 18.1 percent. The Median Sales price was $175,000, an increase of 6.1 percent. Inventory levels for May 2016 were down 6.6 percent based on the market wide inventory.

Source: SC Realtors Housing Supply Overview