Statewide home sales drop slightly in September

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The S.C. Association of Realtors is reporting 3,877 homes were sold in South Carolina in September, down about 1.9% from home sales in August but up about 1.6% compared with September 2008 numbers.

Staff Report
Published Oct. 19, 2009
Updated Oct. 20, 2009

The S.C. Association of Realtors is reporting that 3,877 homes were sold in South Carolina in September, down about 1.9% from the number of homes sold in August but up about 1.6% compared with September 2008 numbers.

Of the state’s three major metropolitan areas, Greenville and Columbia reported declines of 1.6% and 1.1%, respectively, while Charleston reported a drop of 0.6%.

Statewide home sales for the quarter ending Sept. 30 totaled 12,048, compared with 12,758 homes sold in the third quarter last year. That’s a 5.6% decline.

The median price of homes in South Carolina in September was $138,500, down from $147,600 in August. In September 2008, the median price of homes was $154,900.

The average number of days a home was on the market remained steady at 155.

Statewide home sales year-to-date

Month Jan. 2009 Feb. 2009  March 2009  April 2009 May 2009 June 2009 July 2009  Aug. 2009 Sept. 2009

Homes sold 2,130 2,448 3,275 3,192 3,704 4,195 4,190 3,952 3,877

Regional home sales

Area	Number of homes sold
Charleston Columbia Greenville	July 796 793 589	August 658 732 607	September 654 724 597

Source: S.C. Association of Realtors

Editor's note: The original version of this story incorrectly stated the year-over-year sales data.