Great Home Buying Activity in the Charleston Market!

Posted By Cathy Hunnicutt @ Jun 10th 2011 1:30pm In: Market Stats

Charleston SC Real Estate192 residential properties under contract past wk continues strong buying activity. Not as strong as April/May, but very good.
152 single family homes under contract past wk LISTED from $15k-$1.4M. Median $200k, $104/sqft. 5 over $990k. 29 under $100k.
44(29%) of 152 single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
28 island single family homes under contract past wk: James-12,Folly-1,Johns-5,Seabrook-3,Kiawah-1,Edisto-1,IOP-1,WildDunes-1,Daniel-3
12 James Island single family homes under contract past wk. 8 LISTED from $99k-$205k. Other 4 at $273k,$325k,$550k,$725k.
3(25%) of 12 James Island single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
5 Johns Island single family homes under contract past wk LISTED at $165k, $235k, $425k, $590k, $1.14M
19 West Ashley single family homes under contract past wk LISTED from $55k-$500k. Median $180k, $111/sqft
9 North Charleston single family homes under contract past wk LISTED from $25k-$330k. 5 under $100k. 3 from $140k-$225k
22 Mt Pleasant single family homes under contract past wk LISTED from $155k-$849k. Only 1 under $224k. Median $354k, $145/sqft
6 peninsula Charleston single family homes under contract past wk LISTED from $145k-$1.4M. 4 under $275k.
27 Summerville/Ladson single family homes under contract past wk LISTED from $55k-$375k. Median $165k, $81/sqft. 3 > $100/sqft
11(41%) of 27 Summerville/Ladson single family homes under contract past week either BANK OWNED FORECLOSURES or SHORT SALES
39 Hanahan/Goose Crk/Mncks Cnr single family homes under contract past wk LISTED from $15k-$370k. Median $116k(low), $75/sqft
14(36%) of 39 Hanahan/Gs Crk/Mnks Cnr single family homes under contract past wk either BANK OWNED FORECLOSURES or SHORT SALES
38 condo/townhomes under contract past wk. 6 under $100k, 16 from $100k-$200k, 7 $200k-$300k, 6 $325k-$419k. 3 $759k-$825k
12(32%) of 38 condo/townhomes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
Thank you Doug Holmes for your update!


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