Hot Charleston SC Real Estate Market

Posted By Cathy Hunnicutt @ Jul 31st 2011 6:50pm In: Market Stats

Hot Buying Charleston SC Real Estate Market191 residential properties under contract past wk continues strong home buying activity. Slightly weaker, but still strong.
151 single family homes under contract past wk. Median LIST price $205k, $101/sqft. 5 over $1M. 35 under $125k.
56(37%) of 151 single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
29 island single family homes under contract past wk: James-10,Johns-5,Seabrk-3,

Edisto-3,Sullivan-1,IOP-1,WildDunes-1,Daniel-5
9(31%) of 29 island single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
10 James Island single family homes under contract past wk LISTED from $125k-$339k. 8 of 10 under $250k. Median $214k
5 Johns Island single family homes under contract past wk. LIST prices $120k,$150k,$339k,$359k,$850k. $94-$163/sqft
5 Daniel Island single family homes under contract past wk. LIST prices $270k,$325k,$446k,$539,$1.4M
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 $55k-$599k. 11 under $200k. Others $235k,$295k,$599k
10 North Charleston single family homes under contract past wk. 5 LISTED under $70k. 4 from $105k-$176k. 1 at $260k
29 Mt Pleasant single family homes under contract past wk. 4 LISTED under $200k. 4 over $800k. Median $336k, $143/sqft.
9(31%) of 29 Mt Pleasant single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
7 peninsula Charleston single family homes under contract past wk LISTED from $46k-$3.5M. 5 under $280k.
38 Summerville/Ladson single family homes under contract past wk LISTED from $45k-$550k. 2 over $300k. Median $165k, $85/sqft
18(47%) of 38 Summerville/Ladson single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
23 Hanahan/Gs Crk/Mnks Cnr single family homes under contract past wk. Median LIST price $135k, $83/sqft. None over $235k
10(43%) of 23 Hanahan/Gs Crk/Mnks Cnr single family homes under contract past wk either BANK OWNED FORECLOSURES or SHORT SALES
38 condo/twnhomes under contract past wk. 18 LISTED under $100k. 9 $100k-$190k. 7 $200k-$285k. Others $319k,$399k,$1.25M,$1.5M
22(58%) of 38 condo/twnhomes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES

Thanks Doug Holmes for update



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