Data at your fingertips: January Market Reports released

COLUMBIA, S.C. – February 15, 2011 – (RealEstateRama) — South Carolina REALTORS® (SCR) today released its January 2011 Market Reports. The data reveals overall inventory dropped slightly from last year to 54,681 properties. There were 12.7 percent fewer condo properties, while single-family homes had a much smaller 0.4 percent decrease. That amounted to 13.1 months of single-family supply and 16.1 months of condo supply.The price range that had the longest Days on Market Until Sale was the $300,001 and above range, where the average market time was 186 days. The range that had the shortest market time was the $100,001 and below bracket, where it’s taking 121 days for a home to sell, on average


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