Charleston's Peninsula Area 52 is HOT!

Posted By Cathy Hunnicutt @ Dec 28th 2012 3:00pm In: Market Stats

Shrimp Boat on Shem Creek Mount Pleasant SC180 residential properties under contract 12/14-12/20/12.

145 single family homes under contract past wk. Median LIST price $173k, $96/sqft. 22 under $100k. 5 over $1M. Median 67 CDOM. Median Year Built 1994.
  24% of 145 single family homes under contract last week were either foreclosures or short sales. Another 8% was new construction.

15 Mount Pleasant homes under contract last week listed from $138k-$3.9M. Median $325k, $161/sqft. 3 over $500k. 2 under $200k. 2 under $135/sqft. 7 under 2000sqft.
27% of 15 Mt Pleasant Sc homes under contract were either foreclosures or short sales. 0 new construction.

23 island single family homes under contract. James Island Sc - 11, Folly Beach -1 ($343k), Seabrook Island -1 ($1.7M), Edisto Island -3 ($239k, $329k, $365k), Sullivan's Island -1 ($2M), Isle of Palms, SC -2 ($445k,$ 975k), Daniel Island -4($378k, $469k, $479k, $1.1M)

11 James Island homes under contract last week were listed from $52k-$450k. 2 over $300k. Median $240k, $151/sqft.
  18% of 11 James Island homes under contract were either foreclosures or short sales.

11 West Ashley homes under contract last wk were listed from $80k- $360k. Median $128k, $89/sqft. 2 above $210k.
  36% of 11 West Ashley single family homes under contract were either foreclosures or short sales. 2 (18%) new construction.

17 North Charleston SC homes under contract last week listed from $15k- $250k. 7 under $100k. 3 over $150k. Median $135k, $77/sqft.
  18% of 17 North Charleston single family homes under contract were either fc/ss.

13 Charleston peninsual single family homes under contract listed from $59k- $3.5M. Median $239k, $238/sqft. 3 above $500k.

35 Summerville/Ladson single family homes under contract listed from $25k-$340k. Median $145k, $79/sqft. 5 above $200k. 1 above $255k. 5 Wescott Plantation, 4 Brookwood.
29% of 35 Summerville/Ladson single family homes under contract were either fc/ss. 1 new construction.

30 Hanahan/Goose Creek/Moncks Corner homes under contract listed from $37k-$360k. Median $163k, $81/sqft. 5 over $200k. 1 over $260k. 5 Sangaree.
  20% of 30 Hanahan/Goose Creek/Moncks Corner homes under contract were either fc/ss. 3(10%) new construction.

33 condo/townhomes under contract last week. 10 listed under $100k. 15 from $100k-$205k. 5 from $250k-$320k. 3 at $475k, $499k, $2.25M. 6 Summerville/Ladson.
30% of 33 condo/townhomes under contract were either foreclosures or short sales.

The Buyers are Out and the Inventory is Low....If you are thinking about selling your Charleston area home, Call Us We Will Get Your House Sold!



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