A M. Appraisals Blog

U.S. pending home sales rose for the first time in three months, climbing 1.8% month-over-month, according to the National Association of REALTORS®. Economists polled by Reuters had forecast a 0.6% decline in contract signings. Pending home sales increased in the South, Midwest, and West but decreased in the Northeast. For the 12-month period spanning April 2025 through March 2026, Pending Sales in the Consolidated Multiple Listing Service, Inc. region were up 6.4 percent overall. The price range with the largest pending sales gain was the $750,001 to $1,000,000 range, where sales rose 17.6 percent.

The overall Median Sales Price increased 1.9 percent to $279,867. The property type with the largest gain was the Single-Family Homes segment, where prices were up 2.4 percent to $289,900. The price range that tended to sell the quickest was the $150,001 to $250,000 range at 49 days. The price range that tended to sell the slowest was the $1,000,001 and Above range at 57 days.

Market-wide, inventory levels was up 33.4 percent. The property type with the largest gain was the Condos segment, where the number of properties for sale went up 37.1 percent. That amounts to 2.9 months of inventory for Single-Family Homes and 3.1 months of inventory for Condos.

Columbia, SC Market Quick Facts:

Pending Sales 2
Closed Sales 3
Days On Market Until Sale 4
Median Sales Price 5
Percent of List Price Received 6
Inventory of Homes for Sale 7
Months Supply of Inventory 8