As evidenced by the following graphs and stats, the gap between available inventory and sales has been closing.
Condo Data:
- 2012 ratio of sales to listings: 74%
- 2011 ratio of sales to listings: 69%
- 2010 ratio of sales to listings: 54%
- 2009 ratio of sales to listings: 35%
Single Family Data:
- 2012 ratio of sales to listings: 81%
- 2011 ratio of sales to listings: 69%
- 2010 ratio of sales to listings: 60%
- 2009 ratio of sales to listings: 53%
Data Source: CCAR – Coastal Carolinas Association of Realtors
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