Step 1: Concept
Molarity is defined as the number of moles of solute per liter of solution.
Step 2: Calculation
1 Liter of water weighs 1000g. The molecular weight of $H_2O$ is 18.015 g/mol. Moles = $1000g / 18.015g/mol \approx 55.508$ mol.
Step 3: Analysis
For pure water, the "solute" and "solution" are the same substance, occupying exactly 1 liter.
Step 4: Conclusion
The concentration of pure water is 55.55 M.
Final Answer: (C)