48% of Condos/Townhomes Either Foreclosures or Short Sales: Charleston SC Mls

Posted By Cathy Hunnicutt @ Apr 9th 2012 8:00am In: Market Stats


240! residential properties under contract past week 3/30/12-4/5/12. Great buying activity continues onward!!
Charleston SC Church Steeple180 single family homes under contract past week. Median LIST price $221k, $106/sqft!! 24 under $100k. 5 over $1M.
   55(31%) of 180 single family homes under contract past wk were either foreclosures or short sales. Another 11% was new construction.

32 island single family homes under contract past week. James Island SC -14, Folly Beach SC -3, Johns Island SC -6, Edisto Beach SC -3,Isle of Palms SC -1, Wild Dunes SC -1, Daniel Island, SC -4 ($425k-800k.)
   14 James Island sc homes (single family) under contract past wk listed from $115k-$454k. 5 under $200k. 3 above $300k. Median $225k,$124/sqft.
     4(29%) of 14 James Island sc single family homes under contract past wk were either short sales or foreclosures.

20 West Ashley SC homes (single family) under contract past wk listed from $45k-$550k. Median $187k, $97/sqft. 4 below $100k. 5 above $250k.
   7(35%) of 20 West Ashley sc single family homes under contract past week were either foreclosures or short sales.

17 North Charleston SC homes (single family) under contract past wk listed from $9k-$225k. Median $85k,$53/sqft. 2 above $150k.
   9(53%) of 17 North Charleston SC single family homes under contract past wk were either foreclosures or short sales.

39 Mount Pleasant SC homes (single family) under contract past wk listed from $149k-$950k. Median $385k, $155/sqft. 14 over $500k. 4 under $200k. 6 in Park West sc
   11(28%) of 39 Mt Pleasant sc single family homes under contract past week were either foreclosures or short sales.

4 peninsula Charleston SC homes (single family) under contract past wk listed at $185k, $189k, $350k,$1.5M. 0 ss/fc.

33 Summerville/Ladson SC homes (single family) under contract past wk listed from $60k-$400k. Median $170k, $85/sqft. 5 above $300k.
   11(33%) of 33 Summerville/Ladson sc single family homes under contract past wk were either foreclosures or short sales. Another 12% was new construction.

31 Hanahan/Goose Creek/Moncks Corner sc homes (single family) under contract past week listed from $25k- $475k. Median $168k, $77/sqft. 10 over $200k.
   7(23%) of 31 Hanahan/Goose Creek/Moncks Corner sc single family homes under contract past week were either foreclosures or short sales.

58 condo/townhomes under contract past wk. 17 listed under $100k. 25 from $100k-$180k. 10 from $200k-$290k. 6 from $300k-$675k. 19 in Mount Pleasant sc, 8 N Charleston. 28(48%) of 58 condo/townhomes under contract past week were either foreclosures or short sales.

Call us to get out and look at homes, it is a great time!!



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