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South Carolina Real Estate in July: Sales Down 4% YoY, Inventory Down 42% YoY

I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.

From the South Carolina Realtors:

Closed sales (attached and detached) in July 2021 were 3,600, down 4.5% from 3,769 in July 2020.

Active Listings in July 2021 were 3349, down 41.9% from 5,763 in July 2020.

Months of Supply for attached was 1.0 Months in July 2021, compared to 1.9 Months in July 2020.

Inventory in July was up 15.3% from the previous month, and up 23.1% from the record low in May 2021.

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