South Carolina Real Estate in April: Sales Up 41% YoY, Inventory Down 56% YoY

Note: Remember sales were weak in April 2020 due to the pandemic, so the YoY comparison is easy. 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 April 2021 were 9,900, up 41.4% from 7,000 in April 2020.

Active Listings in April 2021 were 12,019, down 55.5% from 27,024 in April 2020.

Inventory in April was down less than 1% from last month.

Months of Supply was 1.3 Months in April 2021, compared to 3.4 Months in April 2020.