Amazing Home Buying Activity in Charleston Again Last Week!

Posted By Cathy Hunnicutt @ May 18th 2012 6:41pm In: Market Stats

Pineapple Fountain in Charleston SC250!! residential properties under contract past week 5/11/12-5/17/12.

193!! single family homes under contract past week. Median list price $205k, $98/sqft. 32 under $100k. 4 over $1M.
57(30%) of 193 single family homes under contract past wk were either short sales or foreclosures. Another 6% was new construction.

38 island single family homes under contract past wk. James Island SC -16, Folly Beach -1 ($449k), John's Island, SC -5 ($29k, $74k,$145k,$160k,$350k), Seabrook Island SC -1 ($735k), Edisto Island -2($329k,$419k), Sullivan's Island -3 ($485k, $739k, $5.2M), Isle of Palms, SC -3 ($385k, $849k, $1.75M), Wild Dunes Sc -3($533k, $895k, $895k), Daniel Island Sc -4 ($339k, $425k, $485k, $579k)

16 James Island single family homes under contract past wk listed from $150k-$699k. Only 2 under $200k. 7 above $300k. Median $260k,$142/sqft.
  25% of the James Island sc homes under contract were either short sales or foreclosures.

24 West Ashley SC homes (single family) under contract past wk listed from $42k-$414k. 12 below $200k. 4 above $300k. 15 under $110/sqft.
  29% of the West Ashley homes under contract were either short sales or foreclosures.

12 North Charleston SC homes under contract past week listed from $20k-$350k. Median $127k, $78/sqft. 2 above $150k.
  25% of the N. Chas homes under contract past week were either short sales or foreclosures.

24 Mount Pleasant Sc homes under contract last week listed from $209k- $1.2M. Median $448k, $149/sqft. 6 over $500k. 7 under $135/sqft. 4 under 2000sqft. 4 Dunes West.
  29% of the Mt. Pleasant Sc  single family homes under contract past week were either foreclosures or short sales. 1 new construction.

9 peninsula Charleston SC homes (single family) under contract past week. 4 under $220k. 2 over $500k(1 for $3M). Only 1 was a short sale or foreclosure.

49 Summerville/Ladson SC single family homes under contract past week listed from $55k-$429k. Median $149k, $77/sqft. 7 above $250k.
  27% of the Summerville/Ladson  homes under contract past week were either short sales or foreclosures. Another 8% was new construction.

36 Hanahan/Goose Creek/Moncks Corner SC homes were listed from $28k- $325k. Median $122k, $78/sqft. 7 over $200k. 2 over $250k.
  47% of the Hanahan, Goose Creek, Moncks Corner single family homes under contract past week were either short sales or foreclosures. Another 11% was new construction.

54 condo/townhomes under contract past wk. 15 listed under $100k. 27 from $100k-$190k. 7 from $239k-$379k. 5 from $445k-$699k. 10 in Mt P.

  43% of the condo/townhomes under contract past week were either short sales or foreclosures.



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