Columbia, SC Real Estate Snapshot – May 2012 Edition (April Data) 

Total Sales in Previous 12 Months: 6,766

Total Sales in Year Prior: 6,670 Change: Up 1.4%

Total Sales in April 2012: 631

Total Sales in April 2011: 536 Change: Up 17.7%

Foreclosure Sales in April 2012: 93 

Foreclosure Sales in April 2011: 83 Change: Up 12%

April 2012 Foreclosure Sales as a Percentage of Total Sales: 15.5%

New Construction Sales in April 2012: 148

New Construction Sales in April 2011: 121 Change: Up 20.3%

April 2012 New Construction Sales as a Percentage of Total Sales: 23.5% 

Current Inventory on the Market: 8,194 units Current Absorption Rate: 536 units per month (based on 6 months sales)

Months of Inventory: 15.3 months (last report was 15.6 months) 

The Market is: A Buyers Market (WEAK)

Pricing Pressure is: Downward

Columbia SC Real Estate Sales Data

 

Source: Hurst Appraisal, Lexington SC using CMLS sales data. Liability is limited to the price paid for this report.