No Kidding the Charleston Market is Hot!

Posted By Cathy Hunnicutt @ Mar 23rd 2012 6:05pm In: Market Stats

Daniel Island real estate, Daniel Island Homes


236! residential properties under contract past week. Great buying activity continues onward!! If inventory can stay in the 6k range, we might stabilize prices. 3/16/12-3/22/12

191 single family homes under contract past wk. Median List price $196k, $104/sqft. 24 under $100k. 4 over $1M.
  61(32%) of 191 single family homes under contract past wk were either foreclosures or short sales. Another 6% was new construction.

32 island single family homes under contract past wk. James Island sc -10, John's Island sc -5, Seabrook Island sc -4, Edisto Island sc -5, Sullivan's Island, sc -1, Wild Dunes sc -3, Isle of Palms, SC-2, Daniel Island sc -2 ($142/sqft, $135/sqft)
  10 James Island sc homes (single family) under contract past wk. 5 Listed under $245k. 4 from $320k-$395k. 1 at $650.
    2(20%) of 10 James Island single family homes under contract past wk were either short sales or foreclosures.

27 West Ashley SC homes (single family) under contract past wk Listed from $26k-$499k. Median $210k, $98/sqft. 6 above $300k.
  10(37%) of 27 West Ashley sc single family homes under contract past wk were either foreclosures or short sales.

20 North Charleston SC homes (single family) under contract past wk Listed from $15k-$220k. Median $128k, $74/sqft. 1 above $175k. 4 in Park Circle
  8(40%) of 20 North Charleston SC single family homes under contract past wk were either short sales or foreclosures.

38 Mount Pleasant SC homes (single family) under contract past wk Listed from $149k-$1.19M. Median $382k, $158/sqft. 10 over $500k. 3 under $200k. 5 in Ion, 1 which was over $235/sqft.
  9(24%) of 38 Mt Pleasant SC single family homes under contract past wk were either foreclosures or short sales.
8 peninsula Charleston SC homes (single family) under contract past wk Listed from $225k-$629k. 1 over $400k. 1 ss/fc.

41 Summerville/Ladson SC single family homes under contract past wk Listed from $30k-$349k. Median $145k, $82/sqft. 7 above $200k. 5 above $102/sqft.
  17(41%) of 41 Summerville/Ladson SC homes (single family) under contract past wk were either foreclosures or short sales. Another 10% was new construction.

24 Hanahan/Goose Creek/Moncks Corner SC homes (single family) under contract past week Listed from $25k-$415k. Median $145k, $81/sqft. 2 over $200k.
  9(38%) of 24 Hanahan/Goose Creek/Moncks Corner SC single family homes under contract past week were either foreclosures or short sales. Another 8% were new construction.

42 condo/townhomes under contract past wk. 8 Listed under $100k. 20 from $100k-$200k. 7 from $250k-$400k. 7 from $410k- $539k. 10 in Mt P, 10 downtown. 23(55%) of 42 condo/townhomes under contract past wk were either foreclosures or short sales.

Call us if you want to get out and look at some properties - 843.814.4378!



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