Home Buying Activity in Charleston SC is Unbelievable!

Posted By Cathy Hunnicutt @ Nov 3rd 2012 11:07am In: Market Stats

Charleston SC Ironwork220 residential properties under contract 10/26 - 11/1/12


183 Charleston SC single family homes under contract last week. Median list price $212k, $106/sqft. 31 under $100k. 6 over $1M.
  33% of 183  homes under contract were either foreclosures or short sales (fc/ss). Another 10% was new construction.

32 Mt Pleasant SC homes under contract last week listed from $160k-$1.25M. Median $380k, $168/sqft. 5 over $500k. Only 2 under $200k. 4 under $135/sqft. 10 under 2000sqft. 4 Park West, 3 Brickyard Plantation.
  13% of 32 Mount Pleasant homes under contract  were either fc/ss. 3 new construction.

12 Charleston Peninsula homes under contract listed  from $260k- $3.3M. Median $304k, $247/sqft. 1 fc/ss.

30 island homes under contract. James Island SC -13, Folly Beach SC -4 ($429k, $450k, $795k, $795k), John's Island SC-4 ($339k, $370k, $379k, $440k), Seabrook Island SC -1($460k), Edisto Island SC -1($294k), Isle of Palms, SC -3 ($545k, $695k, $1M), Wild Dunes Sc -1($1.69M), Daniel Island SC -3 ($475k, $622k, $1.3M)

13 James Island SC homes under contract last week listed from $65k-$395k. 3 over $300k. Median $250k, $148/sqft.
  31% of 13 James Island single family homes were either foreclosures or short sales.

22 West Ashley SC homes under contract listed from $25k- $509k. 7 above $300k. Median $235k, $107/sqft.
  32% of 22 West Ashley single family homes under contract last week were either fc/ss.

16 North Charleston, SC homes under contract listed from $26k- $210k. Median $105k, $67/sqft. 1 over $180k
  56% of 16 N. Chas single family homes under contract were either fc/ss.

33 Summerville/Ladson SC homes under contract last week listed from $60k-$490k. Median $165k, $81/sqft. Only 3 above $250k. 1 above $300k. 5 Wescott Plantation, 3 Bridges of Summerville. 4 above $100/sqft.
  30% of 33 Summerville/Ladson single family homes under contract were either fc/ss. 2 new construction.

36 Hanahan/Goose Creek/Moncks Corner single family homes under contract listed from $38k-$300k. Median $124k, $74/sqft. 7 over $200k. 3 over $225k. 6 Sangaree.
  44% of 36 Hanahan/Goose Creek/Moncks Corner homes under contract were either fc/ss. 4 new construction.

34 condo/townhomes under contract last week in the Charleston mls. 16 were listed under $100k. 10 from $100k-$235k. 5 from $300k-$499k. 3 from $549k-$875k. 8 Mt. Pleasant.

  44% of 34 condo/townhomes under contract last week were either fc/ss.

Thinking about buying or selling ~ Call us today @ 843.814.4378



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