31% of Single Family Homes under Contract this Week in Charleston SC Mls Foreclosures/Short Sales

Posted By Cathy Hunnicutt @ Dec 2nd 2011 11:00am In: Market Stats

Mount Pleasant sc real estate131 residential properties under contract past week. Seasonal drop has begun in earnest.

94 single family homes under contract past wk. Median list price $178k(low),$97/sqft. 15 under $100k. 3 over $1M
  29(31%) of 94 single family homes under contract past wk were either foreclosures or short sales.

13 island single family homes under contract past wk. James Island -5, John's Island -1 , Wadmalaw-1,Kiawah Island -2, Seabrook Isl-1, Edisto Island -1, Isle of Palms -2.
  5 James Island single family homes under contract past wk. List prices $129k,$185k,$198k,$275k,$325k.
  2(40%) of 5 James Island single family homes under contract past wk were either short sales or foreclosures.

8 West Ashley single family homes under contract past wk listed from $75k-$425k. Only 1 over $115/sqft.
  2(25%) of 8 West Ashley single family homes under contract past wk were either foreclosures or short sales.

9 North Charleston single family homes under contract past wk listed from $18k-$326k. 3 over $85/sft. Only 2 over $170k.
  3(33%) of 9 North Charleston single family homes under contract past wk were either foreclosures or short sales.

9(low) Mt Pleasant single family homes under contract past wk Listed from $100k-$975k. Median $350k,$149/sqft. Only 1 under 225k. 1 over $500k.
  1 of 9 Mt Pleasant single family homes under contract past wk were either foreclosures or short sales.

3 peninsula Charleston single family home under contract past wk. List prices $67k, $229k, $1.1M. 2 of 3 foreclosure or short sales.

22 Summerville/Ladson single family homes under contract past wk Listed from $78k-$284k. Median $156k,$81/sqft. 3 $215k+
  7(32%) of 22 Summerville/Ladson single family homes under contract past wk were either short sales or foreclosures.

26 Hanahan/Goose Creek/Moncks Corner single family homes under contract past week Listed from $45k-$379k. Median $130k, $81/sqft. Only 4 over $180k.
  7(27%) of 26 Hanahan/Goose Creek/Moncks Corner single family homes under contract past week were either foreclosures or short sales.

31 condo/townhomes under contract past wk. 14 Listed under $100k. 6 $100k-$165k. 6 $259k-$300k. 5 from $400k-$815k.

16 (52%) of 31 condo/townhomes under contract past wk were either foreclosure and short sales.



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