Weekly Market Update and It is Looking Good!

Posted By Cathy Hunnicutt @ Jun 24th 2011 5:04pm In: Market Stats

Charleston, SC Homes for Sale

225 residential properties under contract past wk renews strong buying activity of spring. Exciting!
181 single family homes under contract past wk. Median LIST price $175k(low), $103/sqft. 10 over $999k. 23 under $100k
47(26%) of 181 single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES.
25 island single family homes under contract past wk: James-10,Johns-4,Wadmlaw-1,Seabrk-2,Kiawah-2,Edisto-1,Sullivans-3,WildDunes-1,Daniel-1
6(24%) of 25 island single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES.
10 James Island single family homes under contract past wk. 5 LISTED $125k-$175k. 4 from $205k-$275k. 1 at $695k. 2 > $125/sf
20 West Ashley single family homes under contract past wk LISTED from $30k-$1M. Median $210k, $116/sqft. 5 above $300k.
22 North Charleston single family homes under contract past wk LISTED from $20k-$215k. Median $118k, $72/sqft. 4 above $135k
6(27%) of 22 North Charleston single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
33 Mt Pleasant single family homes under contract past wk LISTED from $121k-$1.75M. Median $415k, $148/sqft. 3 under $200k
5 peninsula Charleston single family homes under contract past wk. LIST prices $130k,$239k,$398k,$450k,$535k. All $103-$198/sf
37 Summerville/Ladson single family homes under contract past wk LISTED from $35k-$363k. Median $157k, $85/sqft. 7 above $250k
11(30%) of 37 Summerville/Ladson single family homes under contract past wk either BANK OWNED FORECLOSURES or SHORT SALES.
33 Hanahan/Gs Crk/Mnks Cnr single family homes under contract past wk LISTED from $16k-$446k. Only 1 over $215k. Median $137k
14(42%) of 33 Hanahan/Gs Creek/Moncks Cnr single family homes under contract past wk either BANK FORECLOSURES or SHORT SALES
43 condo/townhomes under contract past wk. 10 LISTED under $100k. 25 from $100k-$169k. 5 from $213k-$400k. 2 at $549k,$899k
12 of 43 condo/townhomes under contract past wk were in West Ashley(9 in Grand Oaks). 7 in Mt Pleasant
19(44%) of 43 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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