45% of Condos/Townhomes Under Contract Last Wk Either Foreclosures/Short Sales

Posted By Cathy Hunnicutt @ Oct 15th 2012 4:00pm In: Market Stats

Kiawah Island SC Resort Pool184 residential properties under contract 10/5 -10/11/12

143 single family homes under contract past week. Median list price was $194k, $99/sqft. 26 under $100k. 8 over $1M.
  26% of 143 single family homes under contract were either fc/ss. 6% was new construction.

27 Mount Pleasant, SC homes under contract listed from $175k- $6.3M. Median $385k, $157/sqft. 5 over $500k. Only 1 under $200k. 5 under $135/sqft. 6 under 2000 sqft.
  19% of 27 Mt Pleasant SC homes under contract were either fc/ss. 1 new construction.

16 island single family homes went under contract. James Island Sc -7, John's Island SC -3 ($155k, $180k, $329k), Wadmalaw Island SC -1 ($740k), Isle of Palms, SC -1 ($999k), Sullivan's Island Sc -1  ($1.9M), Daniel Island SC -3 ($419k, $750k, $3.5M)

7 James Island SC homes under contract were listed from $140k-$555k. Only 2 over $210k.
  14% of 7 James Island SC homes under contract were either fc/ss.

18 West Ashley SC homes under contract last week were listed from $63k-$415k. 3 above $300k. Median $173k, $111/sqft.
  39% of 18 West Ashley SC single family homes were either fc/ss.

15 North Charleston SC homes under contract listed from $22k-$183k. Median $100k, $69/sqft.
27% of 15 N. Charleston, SC homes under contract were either fc/ss.

11 peninsula Charleston SC homes under contract listed from$90k-$2.3M. 4 under $400k. 7 others over $825k. 5 over $1M. 1 of 11 ss/fc

33 Summerville/Ladson SC homes under contract listed from $25k-$650k. Median $165k, $83/sqft. Only 6 above $240k. 10 above $200k. 3 each Wescott Plantation, Bridges of Summerville, Legend Oaks Plantation and Windsor Hill.
  27% of 33 Summerville/Ladson single family homes under contract were either fc/ss. 1 new construction.

22 Hanahan/Goose Creek/Moncks Corner SC homes under contract listed from $42k-$238k. Median $148k, $81/sqft. 4 over $200k. 3 Sangaree
  22% of 22 Hanahan/Goose Creek/Moncks Corner SC homes under contract were either fc/ss. 1 new construction.

38 condo/townhomes under contract last week. 18 were listed under $100k. 11 from $100k- $200k. 8 from $249k-$399k. 1 at $530k. 6 Mt. Pleasant. 6 in Summerwood in area 74.

  45% of 38 condo/townhomes under contract past wk were either fc/ss.

If you are thinking about Selling or Buying ~ Just give us a call. 

843.814.4378

We look forward to working with You!



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