Home sales in South Carolina dropped 13.4 percent in July from their year-ago level, while the median home price maintained annual growth, the South Carolina Association of Realtors reported.

Realtors recorded 6,166 sales in July, down from 7,122 in July 2005.

A total of 41,457 homes were sold year to date, which is 0.7 percent below the 41,746 sales during the same period last year.

The overall median price for single-family, condo and villa homes was $165,500 in July, up approximately 11 percent from a year earlier when the median was $149,100, but down from June’s median of $170,000.

Among the areas reporting the largest declines in sales compared to a year ago were: the Hilton Head area, down 66.3 percent; Coastal Carolinas (Myrtle Beach, N. Myrtle Beach, Conway and Georgetown), down 42.7 percent; and Cherokee County, down 29.7 percent.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Hear from Realogy, Pacaso, SERHANT., Spotify, Redfin, Douglas Elliman, and 100+ more leaders at ICNY.Register now×
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription