Great Rates, Great Home Buying Activity and Great Location: Charleston SC!

Posted By Cathy Hunnicutt @ Jul 23rd 2012 6:33pm In: Market Stats

Charleston SC Sweetgrasss Basket249 residential properties under contract 7/13/12-7/19/12.
197 single family homes under contract. Median list price $199k, $99/sqft. 28 under $100k. 5 over $1M. Median 51 CDOM.

  29% of 197 homes under contract were either short sales or foreclosures. Another 9% was new construction.

17 Island single family homes under contract last week.  James Island, SC -11, John's Island, SC -3 ($105k, $361k, $379k), Seabrook Island, SC -1 ($130k), Edisto Island, SC -1 ($515k), Sullivan's Island Sc -1($1.6M)

11 James Island Sc homes under contract listed from $170k- $440k. Median $295k, $135/sqft. 3 under $200k. 3 over $400k.
  18% of 11 James Island homes under contract were either ss or foreclosures.

18 West Ashley homes under contract listed from $65k-$1.45M. 3 above $350k. Median $237k, $103/sqft.
   22% the West Ashley homes under contract were either ss or foreclosures.

10 North Charleston homes under contract listed from $25k-$170k. 4 under $80k.
  30% of the N. Charleston homes under contract were either ss or foreclosures.

40 Mount Pleasant Sc homes under contract listed from $110k-$1.2M. Median $350k, $159/sqft. 12 over $500k. 8 over $700k. 4 under $200k. 9 under $135/sqft. 17 under 2000sqft.
  20% of the Mt. Pleasant homes under contract were either ss or foreclosures. 8% new construction.

11 Charleston peninsula homes under contract last wk were listed from $152k- $1.4M. 4 over $500k. 5 under $250k. 2 ss/fc.

49 Summerville/Ladson homes under contract listed from $21k- $599k. Median $165k, $85/sqft. 5 above $250k. 1 above $400k. 7 in Wescott Plantation.
  41% of the Summerville/Ladson single family homes under contract last wk were either ss or foreclosures.   Another 6% was new construction.

49 Hanahan/Goose Creek/Moncks Corner homes under contract were listed from $40k- $489k. Median $160k, $87/sqft. 14 over $200k. 2 over $300k. 9 in Crowfield Plantation.
  31% of the Hanahan/Goose Creek/Moncks Corner homes under contract were either ss or foreclosures. 10% new construction.

48 condo/townhomes under contract last wk. 9 listed under $100k. 20 from $100k-$200k. 10 from $200k-$275k. 7 from $300k-$475k. 2 at $750k, $849k. 10 in Mount Pleasant , 8 Daniel Island, 7 Charleston Peninsula

  38 of the condo/townhomes under contract last wk were either ss or foreclosures.

We are getting lots of calls on condos or townhomes in the Charleston MLS, esp. downtown Charleston and Mt. Pleasant. Inventory is going fast in these areas, call or email if you want a list of available condos/townhomes available.



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