May 2024 Housing Supply Outlook May 2024 | 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
5-2023 5-2024
By Bedroom Count
5-2023 5-2024
By Property Type
5-2023 5-2024
5.3 5.3
4.6 4.6
4.2
3.7
3.1
3.0
3.4
3.1
3.0
3.6
2.9
3.0
3.3
2.0
1.9 1.9 1.9
2.0 2.1
2.3 2.3
1.2
+ 43.2 %
$ 150,000 and Below
+ 158.3 %
$ 150,001 to $ 250,000
+ 50.0 %
$ 250,001 to $ 350,000
+ 78.9 %
$ 350,001 to $ 500,000
+ 63.2 %
$ 500,001 to $ 750,000
+ 57.9 %
$ 750,001 to $ 1,000,000
+ 15.2 %
$ 1,000,001 and Above
+ 80.0 %
2 Bedrooms or Less
+ 38.1 %
3 Bedrooms
+ 53.3 %
4 Bedrooms or More
+ 43.5 %
Single-Family Homes
+ 82.6 %
Condos
All Properties
Single-Family Homes
Condos
By Price Range
5-2023
5-2024
Change
5-2023
5-2024
Change
5-2023
5-2024
Change
$ 150,000 and Below
3.7
5.3
+ 43.2 %
6.2
2.8
- 54.8 %
1.3
--
--
$ 150,001 to $ 250,000
1.2
3.1
+ 158.3 %
1.2
4.2
+ 250.0 %
1.1
2.6
+ 136.4 %
$ 250,001 to $ 350,000
2.0
3.0
+ 50.0 %
1.5
1.7
+ 13.3 %
2.5
4.4
+ 76.0 %
$ 350,001 to $ 500,000
1.9
3.4
+ 78.9 %
1.7
3.0
+ 76.5 %
2.6
5.1
+ 96.2 %
$ 500,001 to $ 750,000
1.9
3.1
+ 63.2 %
1.9
2.9
+ 52.6 %
2.2
4.0
+ 81.8 %
$ 750,001 to $ 1,000,000
1.9
3.0
+ 57.9 %
2.0
2.9
+ 45.0 %
1.7
3.0
+ 76.5 %
$ 1,000,001 and Above
4.6
5.3
+ 15.2 %
4.6
5.3
+ 15.2 %
4.6
5.7
+ 23.9 %
All Price Ranges
2.3
3.6
+ 56.5 %
2.3
3.3
+ 43.5 %
2.3
4.2
+ 82.6 %
By Bedroom Count
5-2023
5-2024
Change
5-2023
5-2024
Change
5-2023
5-2024
Change
2 Bedrooms or Less
2.0
3.6
+ 80.0 %
1.6
2.5
+ 56.2 %
2.4
4.5
+ 87.5 %
3 Bedrooms
2.1
2.9
+ 38.1 %
2.2
2.8
+ 27.3 %
1.9
3.5
+ 84.2 %
4 Bedrooms or More
3.0
4.6
+ 53.3 %
2.9
4.6
+ 58.6 %
3.1
3.3
+ 6.5 %
All Bedroom Counts
2.3
3.6
+ 56.5 %
2.3
3.3
+ 43.5 %
2.3
4.2
+ 82.6 %
Current as of June 11 , 2024 . Data © 2024 REsides , INC . All Rights Reserved . | Sponsored by South Carolina REALTORS ®. | Report © 2024 ShowingTime Plus , LLC . | 8