Housing Inventory: Median Days on Market in South Carolina
MEDDAYONMARSC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.00
Year-over-Year Change
10.91%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Median Days on Market in South Carolina' indicator tracks the typical time a home is listed for sale before being sold in the South Carolina housing market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric provides insight into the balance between housing supply and demand in South Carolina, which is a key factor in assessing the state's real estate market conditions and trends.
Methodology
The data is collected and calculated by the U.S. Federal Reserve from multiple regional real estate sources.
Historical Context
Policymakers and analysts use this indicator to monitor the health of the South Carolina housing market and inform policy decisions.
Key Facts
- The current median days on market in South Carolina is [X] days.
- This represents a [X]% change from the previous year.
- The South Carolina housing market is considered [adjective] by economists.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Median Days on Market in South Carolina' indicator tracks the typical time a home is listed for sale before being sold in the South Carolina housing market.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the balance between housing supply and demand in South Carolina, which is a key factor in assessing the state's real estate market conditions and trends.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve from multiple regional real estate sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to monitor the health of the South Carolina housing market and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve, but may be subject to revision and potential delays in reporting.
Related Trends
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Real Median Household Income in South Carolina
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Chain-Type Quantity Index for Real GDP: Accommodation and Food Services (72) in South Carolina
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All Employees: Construction: Specialty Trade Contractors in South Carolina
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Business Applications from Corporations for South Carolina
CBUSAPPWNSASC
Real Gross Domestic Product: Transportation and Warehousing (48-49) in South Carolina
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Citation
U.S. Federal Reserve, Housing Inventory: Median Days on Market in South Carolina (MEDDAYONMARSC), retrieved from FRED.