154 Under Contract Last Week in Charleston

Posted By Cathy Hunnicutt @ Sep 12th 2011 12:57pm In: Market Stats

Shem Creek Shrimp Boat in Mt. Pleasant154 residential properties under contract past week. Slowest week of entire year. Labor Day week could be part of the cause for the slow down.

121 single family homes under contract past wk. Median LIST price $180k, $95/sqft. 1 over $1M. 19 under $100k.
31(26%) of 121 single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES.
19 island single family homes under contract past wk: James-4,Folly-1,Johns-7,Wadmalaw-1,Edisto-1,Sullivan-1,IOP-2,Daniel-2
8(42%) of 19 island single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES.
4 James Island single family homes under contract past wk. LIST prices $90k, $160k,$225k,$250k
5 Johns Island single family homes under contract past wk. LIST prices $115k,$122k,$123k,$125k,$170k,$280k.
15 West Ashley single family homes under contract past wk LISTED from $73k-$595k. Median $229k, $113/sqft. 6 over $320k.
9 North Charleston single family homes under contract past wk LISTED from $50k-$176k. Median $129k, $78/sqft.
15 Mt Pleasant single family homes under contract past wk LISTED from $187k-$750k. Median $290k,$146/sqft. Only 2 above $430k.
6 peninsula Charleston single family homes under contract past wk. LIST prices $65k,$260k,$300k,$310k,$500k,$799k.
34 Summerville/Ladson single family homes under contract past wk LISTED from $50k-$535k. Median $150k, $80/sqft. 3 above $280k
23 Hanahan/Gs Crk/Mnks Cnr single family homes under contract past wk LISTED from $30k-$415k. Median $130k,$86/sqft. 2 300k+
24 condo/townhomes under contract past wk. 6 LISTED under $100k. 10 from $100k-$150k. 4 from $200k-$240k. 4 from $369k-$1.2M.
11(46%) of 24 condo/townhomes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES.
Thanks Doug Holmes for the update!


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