Housing Supply Overview
For the 12-month period spanning August 2018 through July 2019, Pending Sales in the Western Upstate region were down 1.3 percent overall. The price range with the largest gain in sales was the $200,001 to $300,000 range, where they increased 10.5 percent.
The overall Median Sales Price was up 3.3 percent to $176,000. The property type with the largest price gain was the Condos segment, where prices increased 8.0 percent to $135,000. The price range that tended to sell the quickest was the $100,000 and Below range at 95 days; the price range that tended to sell the slowest was the $300,001 and Above range at 127 days.
Market-wide, inventory levels were up 13.8 percent. The property type that gained the most inventory was the Condos segment, where it increased 42.5 percent. That amounts to 4.8 months supply for Single- Family homes and 6.0 months supply for Condos.
Monthly Indicators
For the 12-month period spanning August 2018 through July 2019, Pending Sales in the Western Upstate region were down 1.3 percent overall. The price range with the largest gain in sales was the $200,001 to $300,000 range, where they increased 10.5 percent.
The overall Median Sales Price was up 3.3 percent to $176,000. The property type with the largest price gain was the Condos segment, where prices increased 8.0 percent to $135,000. The price range that tended to sell the quickest was the $100,000 and Below range at 95 days; the price range that tended to sell the slowest was the $300,001 and Above range at 127 days.
Market-wide, inventory levels were up 13.8 percent. The property type that gained the most inventory was the Condos segment, where it increased 42.5 percent. That amounts to 4.8 months supply for Single- Family homes and 6.0 months supply for Condos.
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