Charleston Continues to See Strong Buying Activity!

Posted By Cathy Hunnicutt @ May 16th 2012 10:17am In: Market Stats


The Bounty docked in the Charleston Harbour245!! residential properties under contract 5.4 - 5.10.12

188!! single family homes under contract in the Charleston SC Mls last week.  The median list price $225k, $107/sqft. 8 over $1M and 28 under $100k.
  29% of 188 properties under contract past week were either short sales or foreclosures and another 10% was new construction.

34 Mt. Pleasant, Sc homes (single family) under contract listed from  $200k- $1.2M. The median price $400k, $166/sqft. 8 over $500k. Only 5 under $135/sqft. 9 under 2000sqft. 4 Brickyard Plantation neighborhood.
  12% of the Mount Pleasant homes under contract were either short sales or foreclosures. No new construction.

31 Island homes under contract . John's Island Sc - 3 ($225k, $375k, $635k), James Island SC -14, Folly Beach SC - 1($750k), Seabrook Island SC -2 ($227k,$799k), Edisto Island, Sc -4, Wild Dunes Sc -3 ($549k, $750k, $1.15M) Daniel Island Sc -4 ($450k, $520k, $700k, $900k)

14 James Island Sc homes under contract listed  from $92k-$1.4M. 8 under $200k. Only 3 above $300k. Median $178k, $126/sqft. 2 over $1M.
  36% of 14 James Island single family homes under contract past wk were either short sales or foreclosures.

21 West Ashley, Sc homes under contract last week listed from $51k-$399k. Median $230k, $121/sqft. 5 above $300k.
  29% of the West Ashley single family homes were either short sales or foreclosures.

16 North Charleston Sc homes under contract past week listed from $30k-$173k. Median $98k, $66/sqft. 2 above $150k.
  50% of 16 N. Charleston SC single family homes under contract foreclosures or short sales. 13% was new construction.

12 peninsula Charleston Sc homes (single family) under contract last week. 2 under $350k. 4 over $1M. 5 South of Broad. 3 lender owned or short sales.

32 Summerville/Ladson, SC homes (single family) under contract past wk LISTED from $22k-$565k. Median $152k,$77/sqft. 3 above $250k.
  13(41%) of 32 Summerville/Ladson homes under contract were either foreclosures or short sales.

38 Hanahan/Goose Creek/Moncks Corner, Sc homes under contract past week listed from $43k-$360k. Median $149k, $81/sqft. 9 over $200k. 3 over $250k.
  26% of 38 Hanahan/Goose Creek/Moncks Corner homes under contract past week were either short sales or foreclosures. Another 21% was new construction.

56 condo/townhomes under contract  with 20 listed under $100k. 18 from $100k-$185k. 7 from $220k-$280k. 11 from $320k-$549k. 11 in Mount Pleasant Sc.

  41% of 56 condo/townhomes were either short sales or foreclosures.

We get alot of inquiries about bank owned condos in Mt. Pleasant so here you go!   Mt. Pleasant SC that are either short sales or lender owned.



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