Home Buying Activity Remains HIGH in Charleston!

Posted By Cathy Hunnicutt @ Dec 27th 2012 5:41pm In: Market Stats

Broad and East Bay St. Charleston SC177 residential properties under contract 12/7 - 12/13/12

132 single family homes under contract last week in the Charleston area. Median list price $181k, $96/sqft. 22 under $100k. 0 over $1M. Median 73 CDOM. Median Yearr Built 1991.
  32% of 132 single family homes under contract were either foreclosures or short sales. Another 9% was new construction.

11 island single family homes under contract. James Island Sc -5, Folly Beach Sc -2 ($385k, $599k), John's Island Sc -1 ($181k), Wadmalaw Island Sc ($780k), Edisto Beach Sc -1 ($288k), Wild Dunes -1 ($789k)

5 James Island homes under contract last week with list prices $153k, $194k, $209k, $250k, $795k.
  20% of 5 James Island single family homes under contract were either foreclosures or short sales.

15 West Ashley Sc homes under contract were listed from $27k-$350k. Median $159k, $100/sqft. 3 above $200k.
  47% of 15 West Ashley single family homes under contract were either foreclosures or short sales. 0 new construction.

16 North Charleston SC homes under contract were listed from $19k-$185k. 8 under $100k.
  63% of 16 North Charleston homes under contract were either foreclosures or short sales. 2 new construction.

16 Mount Pleasant SC homes under contract were listed from $224k-$995k. Median $300k, $165/sqft. 4 over $500k. 3 under $135/sqft. 6 under 2000sqft.
  19% of 16 Mt Pleasant homes under contract were either foreclosures or short sales. 0 new construction.

13 Charleston peninsula homes under contract last week were listed from $65k-429k. Median $275k, $171/sqft. 2 ss/fc

31 Summerville/Ladson homes under contract were listed from $65k-$370k. Median $173k ,$82/sqft. 4 above $300k.
  42% of 31 Summerville/Ladson single family homes under contract were either foreclosures or short sales. 16% new construction.

29 Hanahan/Goose Creek/Moncks Corner homes under contract were listed from $35k-$325k. Median $150k, $75/sqft. 4 over $225k.
  21%  of 29 Hanahan/Goose Creek/Moncks Corner homes under contract were either fc/ss. 14% new construction.

43 condo/townhomes under contract last week. 21 listed under $100k. 12 from $100k-$200k. 6 from $209k-$369k. 4 at $430k, $519k, $589k, $1M. 10 Mount Pleasant Sc      58% of 43 condo/townhomes under contract last week were either foreclosures or short sales.

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