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Median home prices in South Carolina increased 13% year-over year, from $234,000 to $265,000.
Sales also were up an average of 22% from last year with majority of the state experiencing significant gains, according to South Carolina Realtors’ March 2021 statewide real estate market data.
Coastal markets saw the highest sales, with a 27.9% increase in Charleston home sales, 47.9% in Hilton Head and 43.5% in Myrtle Beach. Beaufort had a record 56% increase in year-over-year sales.
“The data show what we ve been expecting big jumps over March of 2020, as well as significant growth during the first quarter of 2021,” SCR 2021 President Morris Lyles said. Lyles is a real estate agent at ERA Wilder in Columbia.