Charleston Buying Activity is Incredible!

Posted By Cathy Hunnicutt @ Jan 21st 2014 12:33pm In: Market Stats

  • Shrimp Boat on Folly Beach

  • 255 residential properties under contract 1/10 - 1/16/14
  • 204 single family homes went under contract last week with a median list price $225k, $108/sf. 21 under $100k. 7 over $1M. 

  • 17% of 204 homes under contract were either foreclosures or short sales (fc/ss). Another 12% new construction.

  • 38 Mount Pleasant family homes went under contract last week and were listed from $85k - $1.4M. Median $430k, $172/sf. 3 under $250k. 14 over $500k. 3 under $140/sf. 5 in Dunes West. Only 1 was either a fc/ss.

    7 Peninsula Charleston family homes under contract last week with list  prices $69k, $299k, $330k, $415k, $529k, $1.3M, $3.7M.

  • 35 Charleston area island single family homes went under contract last week.  James Island - 19, Folly Beach -1 ($1.5M), John's Island - 1 ($190k), Wadmalaw -1 ($425k), Edisto Beach - 2 ($199k, $895k), Seabrook Island -3 ($140k, $899k, $1.14M), Isle of Palms -1 ($899k), Wild Dunes -1 ($699k), Daniel Island - 6 ($385k, $491k, $596k, $649k, $735k, $1.4M)

  • 19 James Island homes under contract last week were listed from $130k - $577k. Median $309k, $144/sf. 3 or 16% were either fc/ss.

  • 23 West Ashley homes under contract last week were listed  from $16k - $475k. Median $206k, $109/sf.  5 or 22% were either fc/ss.

  • 19 North Charleston homes under contract last week were listed from $65k - $275k. Median $170k, $73/sf. 6 or 32% were either fc/ss.

  • 38 Summerville/Ladson family homes went under contract last week were listed  from $41k - $379K. 4 in Legend Oaks. Median $167k, $88/sf.  9 or 24% were either fc/ss.

  • 39 Hanahan/Goose Creek/Moncks Corner homes under contract last week were listed from $60k - $344k. Median $171k, $88/sf.   5 or 13% were either fc/ss.

  • 44 condo/townhomes under contract last week! 12 listed under $100k. 21 from $100k - $200k. 4 from $215k - $255k. 5 from $375k - $775k. 2 over $1M. 12 were in Mt. Pleasant, Sc.  9 or 20% were either fc/ss.



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