29% Under Contract Last Wk Either Short Sales or Foreclosures in Charleston

Posted By Cathy Hunnicutt @ Jun 23rd 2012 12:04pm In: Market Stats


Springtime!230! residential properties under contract 6/15/12-6/21/12. Amazing consistency!
  190! single family homes under contract past wk. Median list price $200k, $102/sqft. 19 under $100k. 5 over $1M. Median Yr Blt 1993.
  55(29%) of 190 single family homes under contract past wk were either short sales or foreclosures. Another 5% was new construction.

22 island single family homes under contract past wk. James Island Sc -7, John's Island Sc -6($78k, $135k, $168k, $190k, $245k, $280k), Seabrook Island SC -2 ($130k, $1.3M), Edisto Island SC - 3 ($199k, $320k, $1.8M), Sullivan's Island Sc -1($2M), Isle of Palms, SC -1($640k), Wild Dunes Sc -1 ($1.5M), Daniel Island Sc -1 ($375k)

7 James Island single family homes under contract past wk LISTED from $119k-$375k. 2 under $200k. 1 above $250k. Median $235k,$108/sqft.
  2(29%) of 7 James Island homes under contract past wk were either foreclosures or short sales.

27 West Ashley Sc homes under contract past wk listed from $50k-$375k. 16 below $200k. 5 above $300k. Median $190k, $106/sqft.
  10(37%) of 27 West Ashley homes under contract were either foreclosures or short sales.

14 North Charleston Sc homes under contract past wk listed from $25k-$218k. 2 under $100k. Median $143k, $78/sqft. .
  4(29%) of 14 North Charleston homes under contract past wk were either foreclosures or short sales.

42 Mount Pleasant, Sc homes under contract listed  from $185k-$895k. Median $376k, $155/sqft. 10 over $500k. 1 under $200k. 5 under $135/sqft. 16 under 2000sqft. 5 Brickyard Plantation, 4 Park West, 4 Rivertowne Country Club.
  6(14%) of 42 Mt Pleasant single family homes under contract past wk were either short sales or foreclosures. 7% new construction.

7 peninsula Charleston  homes under contract listed at $130k, $160k, $185k, $209k, $275k, $640k, $1.2M.

35 Summerville/Ladson single family homes under contract past wk listed from $50k-$450k. Median $162k,$86/sqft. 8 above $250k. 4 above $300k. 3 Whitehall.
  12(34%) of 35 Summerville/Ladson SC homes under contract were either short sales or foreclosures. Another 3% was new construction.

37 Hanahan/Goose Creek/Moncks Corner homes under contract listed  from $24k-$326k. Median $130k,$81/sqft. 5 over $200k. 6 Crowfield Plantation.
  17(46%) of 37 Hanahan/Gs Creek/Moncks Corner homes under contract  were either short sales or foreclosures. No new construction.

33 condo/townhomes under contract past wk. 8 listed under $100k. 14 from $100k-$200k. 5 from $200k-$285k. 4 from $399k-$479k. 1 each at $700k,$975k. 6 in Mt. Pleasant Sc.

  15(45%) of 33 condo/townhomes under contract past wk were either short sales or foreclosures.

Call us if you are ready to get out an look at properties or if you are Thinking about selling! We Can Help!  843.814.4378



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