Summer Real Estate Activity Starts Off Strong!

Posted By Cathy Hunnicutt @ Jun 8th 2015 10:15am In: Market Stats

May 29th - 30th Contingent Homes Report

362 Charleston residential properties went under contract last week. 297 were single family homes with a median price of $250k, $124/sf. 15 homes were listed under $100k and 12 were over $1M.  Median of only 28 days on the market. Median year built 1999.

15(5%) of 297 single family homes under contract were either foreclosures or short sales (fc/ss). Another 8% were new construction.

50 Mt. Pleasant single family homes went under contract over the past week and were listed from $249k - $1.4M. Median price was $527k, $204/sf. 6 were in Park West. 26 were under $500k. 1 was under $150/sf. 6(12%) were new construction. 

15 Peninsula Charleston single family homes went under contract over the past week and were listed between $160k - $875k. Median was $410k at $276/sf. 2 were under $325k. 4 were above $600k. 7 were south of the crosstown. 

45 Island homes went under contract during the past week. James Island - 18 (see detail below). Folly Beach - 2 ($439k and $870k). Johns Island - 10 (see detail below). Wadmalaw - 1($1.6M). Kiawah Island - 1 ($1.2M).  Seabrook Island - 2 ($207k, $279k). Edisto - 2 ($599k and $2M). Sullivans Island - 1 ($1.3M). Isle of Palms - 2 ($525k, $1.7M). Wild Dunes - 2 (both $1.25M). Daniel Island - 4 ($495k, $723k, $817k, $875k). 

18 James Island single family homes went under contract during the past week and were listed from $100k - $495k. The median price was $282k at $166/sf. 4 were under $200k. 3 were over $400k. 2(11%)were fc/ss. 1 was new construction.

10 Johns Island single family homes went under contract during the past week and were listed from $127k - $690k. The median price was $264k at $165/sf. 2 were under $200k. 3 were over $400k. 2(20%) were new construction.

32 West Ashley single family homes went under contract over the past week with list prices from $88k - $999k. The median price was $242k, at $126/sf.  4 were in Boltons Landing. 5 were under $175k. 3 were above $400k. 2 were fc/ss. Only 1 was new construction.

13 North Charleston single family homes went under contract during the past week and were listed from $65k - $235k. 1 was under $100k. 3 were over $200k. The median price was $178k at $93/sf. Only 1 was fc/ss and only 1 was new construction.

65 Summerville/Ladson single family homes went under contract during the past week and were listed from $21k - $609k. The median was $196k at $104/sf. 7 were in Wescott. 4 were under $100k and 1 was over $400k. 6 were fc/ss. 5 were new construction. 

70 Hanahan/Goose Creek/Moncks Corner single family homes went under contract during the past week and were listed from $65k - $785k. The median was $184k at $103/sf. 8 were in Crowfield. 9 were below $100k and 5 were above $300k. 2 were fc/ss. 7(10%) were new construction.

59 Condo/Townhomes went under contract during the past week. 5 were listed under $100k. 26 were listed from $100k - $200k. 12 from $205k - $275k. 11 from $310k - $485k. 4 from $549k - $725k. 1 was at $2.2M. 17 were in Mt. Pleasant. 3 were fc/ss. 4 were new construction.



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