Under Contract last Wk in Mt. Pleasant, SC = 0% Foreclosure or Short Sales!

Posted By Cathy Hunnicutt @ Jan 6th 2012 6:34pm In: Market Stats

Chilean Sea Bass @ O-Ku in Charleston SC on King St.Analysis of residential properties under contract during week of 12/30/11-1/5/12


Only 116 residential properties under contract past week. Seasonally expected low activity.
88 single family homes under contract past wk. Median list price $193k, $95/sqft. 11 under $100k. 1 over $1M
   25 (28%) of 88 single family homes under contract past wk were either foreclosures or short sales


10 island single family homes under contract past wk. James Island, SC -5, John's Island SC -3, Sullivan's Island SC -1, Isle of Palms, SC-1
   5 James Island, SC homes (single family) under contract past wk listed from $150k- $219k. Only 1 over $180k.
   2(40%) of 5 James Island single family homes under contract past wk were either short sales or foreclosures.


12 West Ashley, SC homes (single family) under contract past wk listed from $45k- $375k. 6 below $165k.
   2(17%) of 12 West Ashley, SC  single family homes under contract past wk were either foreclosures or short sales.


6 North Charleston, SC homes (single family) under contract past wk listed from $35k-$225k. 3 under $60k. 1 $150k+.
   2(33%) of 6 North Charleston single family homes under contract past wk were either foreclosures or short sales.

14 Mt Pleasant, SC homes (single family) under contract past wk. 7 listed from $210k-$275k. 7 from $325k-$585k.
   4(29%) of 14 Mount Pleasant, SC single family homes under contract past wk were either foreclosures or short sales.


3 peninsula Charleston, SC homes (single family) under contract past wk. list prices $140k, $320k, $895k. 0 foreclosures or short sales.

23 Summerville/Ladson, SC homes (single family) under contract past wk listed from $50k-$342k. Median $180k, $83/sqft. 1 over $285k.
   8(35%) of 23 Summerville/Ladson, SC single family homes under contract past wk were either short sales or foreclosures.


20 Hanahan/Goose Creek/Moncks Corner, SC homes (single family) under contract past week listed from $35k- $435k. Median $135k, $82/sqft. 4 over $200k.
   5(25%) of 20 Hanahan/Goose Creek/Moncks Corner, SC single family homes under contract past week were either bank owned or foreclosures.


26 condo/townhomes under contract past wk. 10 listed under $100k. 7 from $110k-$190k. 6 from $230k-$261k. 3 from $319k-$447k. 8 of 26 in Mt. Pleasant.

   10 (38%) of 26 condo/townhomes under contract past wk were either foreclosure or short sales.

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Picture of Chilean Sea Bass at O-ku in Charleston, SC at King St.



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