Charleston Homes - Great Buying Activity

Posted By Cathy Hunnicutt @ Oct 8th 2011 4:50pm In: Market Stats

Charleston SC Farmers Market

    165 residential properties under contract past wk. Great buying activity for time of year. But prices are still falling.
    136 single family homes under contract past wk. Median LIST price $180k(low), $94/sqft. 25 under $100k. 7 over $1M.
    37(27%) of 136 single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
    17 island single family homes under contract past wk: James-6,Folly-1,Johns-3,Seabrk-2,IOP-2,WildDunes-2,Daniel-1
    8(44%) of 18 island single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
    6 James Island single family homes under contract past wk. LIST prices $150k, $158k, $165k, $200k, $230k, $490k.
    15 West Ashley single family homes under contract past wk. Median LIST price $190k, $100/sqft. 11 under $230k. 4 $270k-$670k
     13 North Charleston single family homes under contract past wk LISTED from $19k-$230k. Median $100k, $55/sqft. 2 over $134k.
    4(31%) of 13 North Charleston single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES.
    18 Mt Pleasant single family homes under contract past wk LISTED from $220k-$1.8M. Median $388k, $160/sqft. 3 under $131/sqft.
    8 peninsula Charleston single family homes under contract past wk LISTED from $65k-$725k. 4 over $475k. 1 over $220/sqft
    37 Summerville/Ladson single family homes under contract past wk LISTED from $23k-$549k. Median $165k, $88/sqft. 7 over $238k.
    26 Hanahan/Gs Crk/Mnks Cnr single family homes under contract past wk LISTED from $45k-$250k. Median $116k, $81/sqft. 1 $200k+
    9(35%) of 26 Hanahan/Gs Crk/Mnks Cnr single family homes under contract past wk were BANK OWNED FORECLOSURES or SHORT SALES.
    26 condo/townhomes under contract past wk. 5 LISTED under $100k. 7 from $115k-$130k. 8 from $187k-$240k. 5 from $290k-$365k.
    14(54%) of 26 condo/townhomes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES

     

    Thanks Doug for the update!



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