Strong Homebuying Activity in Charleston SC!

Posted By Cathy Hunnicutt @ Sep 10th 2012 8:41am In: Market Stats

Sailboat on Charleston SC Harbor200 residential properties under contract 8/31/12-9/6/12.

163 single family homes under contract. Median list price $210k, $104/sqft. 20 under $100k. 8 over $1M. Median 65 CDOM. Median Yr Built 1999.
23% of 163 Charleston homes under contract were either fc/ss. Another 12% was new construction.

30 island  homes under contract. James Island SC -9, Folly Beach SC -1 ($825k), John's Island SC -6 ($79k, $178k, $206k, $400k, $435k, $598k), Wadmalaw Island SC -1($449k), Seabrook Island SC -1 ($539k), Edisto Beach SC -1 ($399k), Sullivan's Island SC -2 ($899k, $1.8M), Isle of Palms SC -3 ($400k, $500k, $1.3M), Wild Dunes SC -1($688k), Daniel Island SC -5 ($400k, $484k, $509k, $530k, $1.05M)

9 James Island SC homes under contract listed  from $130k- $1.65M. Median $200k, $130/sq ft. 2 above $315k. 3 over 1900sqft.
  11% of 9 the James Island homes under contract were either fc/ss.

22 West Ashley homes under contract listed from $43k-$595k. 7 above $300k. Median $218k, $105/sq ft.
  32% of 22 West Ashley SC homes under contract were either fc/ss.

9 North Charleston SC homes under contract listed from $17k- $250k. 4 under $65k. 1 over $180k. 4 new construction!
  22% of 9 North Charleston single family homes under contract were either fc/ss.

26 Mt Pleasant SC homes under contract listed from $225k- $2.2M. Median $370k, $166/sq ft. 8 over $500k. 3 under $135/sq ft. 9 under 2000 sqft. 5 Dunes West.
  8% of 26 Mount Pleasant SC homes were either fc/ss. 1 new construction.

5 peninsula Charleston homes under contract past wk. List prices $195k, $329k, $1.4M, $1.5M, $2.8M. 1 foreclosure.

36 Summerville/Ladson SC homes under contract listed from $33k- $446k. Median $179k, $90/sq ft. Only 8 above $250k. 4 above $300k. 3 Reminisce.
  28% of 36 Summerville/Ladson homes under contract were either fc/ss. 14% new construction.

34 Hanahan/Goose Creek/Moncks Corner Sc homes under contract listed from $40k-$550k. Median $150k, $82/sq ft. 6 over $200k. 5 Foxbank.
  26% of 34 Hanahan/Goose Creek/Moncks Corner homes under contract were either fc/ss. 18% new construction.

34 condo/townhomes under contract last week. 10 listed under $100k. 12 from $100k-$200k. 9 from $220k- $399k. 3 from $649k-$935k. 11 Mount. Pleasant

  35% of 34 condo/townhomes under contract past wk were either fc/ss.



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