The Market is Moving in the Charleston Area!

Posted By Cathy Hunnicutt @ Aug 16th 2011 12:05pm In: Market Stats

Charleston SC Homes for Sale Update

 

189 residential properties under contract past wk continues strong buying activity. We will sell 10k homes this year.

152 single family homes under contract past wk LISTED from $8k-$2.45M. Median $169k(low), $95/sqft. 3 over $1M. 27 < $100k.
43(28%) of 152 single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES.
17 island single family homes under contract past wk: James-7,Johns-2,Seabrk-2,Kiawah-1,Sullivan-1,WildDunes-1,Daniel-3
7(41%) of 17 island single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES.
7 James Island single family homes under contract past wk. 6 LISTED from $138k-$225k. 7th at $285k.
3 Daniel Island single family homes under contract past wk LISTED at $283k, $293k, $2.45M
17 West Ashley single family homes under contract past wk. 12 LISTED from $47k-$195k. 4 from $250k-$300k. 1 at $400k
22 North Charleston single family homes under contract past wk. 9 LISTED under $76k. 8 $119k-$150k. 4 $155k-$185k. 1 at $200k
8(36%) of 22 North Charleston single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES.
24 Mt Pleasant single family homes under contract past wk LISTED from $173k-$625k. 2 under $200k. Median $325k, $143/sqft.
6(25%) of 24 Mt Pleasant single family homes under contract past wk were new construction.
9 peninsula Charleston single family homes under contract past wk. 4 LISTED from $95k-$220k. 3:$300k-$425k. 1-$799k. 1-$2.3M
29 Summerville/Ladson single family homes under contract past wk LISTED from $20k-$375k. Median $175k, $87/sqft.
33 Hanahan/Gs Crk/Mnks Cnr single family homes under contract past year LISTED from $35k-$300k. Median $116k(low), $77/sqft
33 condo/townhomes under contract past wk. 13 LISTED under $100k. 13 from $105k-$215k. 3:$290k-$399k. 4:$495k-$695k.
11(33%) of 33 condo/townhomes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
Thank you Doug Holmes for your update!


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