Greater Columbia, Chapin, Irmo, Lexington and Lake Murray.

Sunday, October 14, 2007

Columbia, SC Market Update - September 30, 2007

Homes are still SELLING! For the period January 1st through the end of September, the number of residential closings in the Greater Columbia MLS is down only 2.3% compared to the same period in 2006. The average sales price is up 3.7% to $175,125. A slight market slowdown is evidenced by: 1) Average “days on market” is up 9.1% to 84 days; 2) Inventory accumulation is up 25.5% to 7.73 (in months).

Chapin Market Conditions
Lake Murray Market Conditions

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