May 2023 Housing Supply Outlook May 2023 | Page 8

Months Supply of Inventory

The inventory of homes for sale at the end of the most recent month , divided by the average monthly pending sales from the last 12 months . Based on one month of activity .
By Price Range
5-2022 5-2023
By Bedroom Count
5-2022 5-2023
By Property Type
5-2022 5-2023
2.7
4.5
1.9
2.1
2.0 2.0
3.3
1.7
1.4 1.4
1.2
1.2
2.0
1.0
1.1
0.7
1.3
1.2
1.6
1.0
1.9
1.9
1.6
1.0
+ 66.7 %
$ 150,000 and Below
+ 10.0 %
$ 150,001 to $ 250,000
+ 85.7 %
$ 250,001 to $ 350,000
+ 33.3 %
$ 350,001 to $ 500,000
+ 90.0 %
$ 500,001 to $ 750,000
- 15.8 %
$ 750,001 to $ 1,000,000
+ 36.4 %
$ 1,000,001 and Above
+ 90.0 %
2 Bedrooms or Less
+ 41.7 %
3 Bedrooms
+ 28.6 %
4 Bedrooms or More
+ 42.9 %
Single-Family Homes
+ 42.9 %
Condos
All Properties
Single-Family Homes
Condos
By Price Range
5-2022
5-2023
Change
5-2022
5-2023
Change
5-2022
5-2023
Change
$ 150,000 and Below
1.2
2.0
+ 66.7 %
1.9
3.7
+ 94.7 %
0.9
0.4
- 55.6 %
$ 150,001 to $ 250,000
1.0
1.1
+ 10.0 %
1.3
1.2
- 7.7 %
0.8
1.0
+ 25.0 %
$ 250,001 to $ 350,000
0.7
1.3
+ 85.7 %
0.5
1.0
+ 100.0 %
1.1
1.8
+ 63.6 %
$ 350,001 to $ 500,000
1.2
1.6
+ 33.3 %
1.0
1.4
+ 40.0 %
1.6
2.5
+ 56.2 %
$ 500,001 to $ 750,000
1.0
1.9
+ 90.0 %
1.0
1.8
+ 80.0 %
1.3
2.2
+ 69.2 %
$ 750,001 to $ 1,000,000
1.9
1.6
- 15.8 %
1.7
1.8
+ 5.9 %
3.2
1.4
- 56.2 %
$ 1,000,001 and Above
3.3
4.5
+ 36.4 %
3.2
4.5
+ 40.6 %
3.6
4.8
+ 33.3 %
All Price Ranges
1.4
2.0
+ 42.9 %
1.4
2.0
+ 42.9 %
1.4
2.0
+ 42.9 %
By Bedroom Count
5-2022
5-2023
Change
5-2022
5-2023
Change
5-2022
5-2023
Change
2 Bedrooms or Less
1.0
1.9
+ 90.0 %
0.6
1.5
+ 150.0 %
1.4
2.2
+ 57.1 %
3 Bedrooms
1.2
1.7
+ 41.7 %
1.2
1.8
+ 50.0 %
1.3
1.4
+ 7.7 %
4 Bedrooms or More
2.1
2.7
+ 28.6 %
2.1
2.6
+ 23.8 %
2.8
3.0
+ 7.1 %
All Bedroom Counts
1.4
2.0
+ 42.9 %
1.4
2.0
+ 42.9 %
1.4
2.0
+ 42.9 %
Current as of June 10 , 2023 . Data © 2023 REsides , INC . All Rights Reserved . | Sponsored by South Carolina REALTORS ®. | Report © 2023 ShowingTime . | 8