Home Buying Activity in Charleston ~ Still Looking Good!

Posted By Cathy Hunnicutt @ Jun 17th 2011 4:35pm In: Charleston Events

Charleston SC Homes183 residential properties under contract past wk still strong buying activity, but a slight weakening.
152 single family homes under contract past week. Median LIST price $225k(good), $106/sqft. 7 $1M+(3 $2M+). 25 under $100k.
46(30%) of 152 single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
31 island single family homes under contract past wk: James-11,Johns-3,Wadmalaw-1,Seabrk-3,Edisto-2,Sullivans-2,IOP-2,WildDunes-2,Daniel-5
11 James Island single family homes under contract past wk LISTED from $65k-$490k. Median $210k, $135/sqft. 1 above $270k.
4(36%) of 11 James Island single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES.
5 Daniel Island single family homes under contract past wk. LIST prices $295k,$319k,$415k,$579k,$825k. From $157-$206/sqft
2(40%) of 5 Daniel Island single family homes under contract past wk were SHORT SALES
14 West Ashley single family homes under contract past wk LISTED from $59k-$400k. Median $182k, $103/sqft. Only 1 above $250k.
9 North Charleston single family homes under contract past wk LISTED from $12k-$208k. Median $73k, $51/sqft. 1 above $140k.
6(67%) of 9 North Charleston single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES.
28 Mt Pleasant single family homes under contract past wk LISTED from $198k-$1.7M. Median $340k, $155/sqft. 1 under $232k.
8(29%) of 28 Mt Pleasant single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES.
3 peninsula Charleston single family homes under contract past wk. 1 South of Broad($799k), and 2 Wagener Terrace($355k,$440k)
29 Summerville/Ladson single family homes under contract past wk LISTED from $61k-$391k. Median $143k, $90/sqft. 11 over $250k
32 Hanahan/Gs Crk/Mnks Cnr single family homes under contract past wk LISTED from $28k-$650k. Median $125k, $75/sqft. 5>$200k.
10(31%) of 32 Hanahan/Gs Crk/Mnks Cnr single family homes under contract past wk either BANK OWNED FORECLOSURES or SHORT SALE.
29 condo/townhomes under contract past wk. 6 LISTED under $100k. 15 $110k-$170k. 3 $215k-$226k. 3 $310k-$399k. 2 $549k,$750k.
17(59%) of 29 condo/townhomes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
Thank you Doug Holmes!


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