by Calculated Risk on 8/12/2021 02:14:00 PM
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 for the entire state:
Closed sales in July 2021 were 9,658, down 9.5% from 10,675 in July 2020.
Active Listings in July 2021 were 12,869,, down 40.4% from 21,592 in July 2020.
Months of Supply for attached was 1.4 Months in July 2021, compared to 2.6 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.