352 Properties Under Contract! Wow!
Posted by Cathy Hunnicutt on Monday, April 24, 2017 at 11:52 AM
By Cathy Hunnicutt / April 24, 2017
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Happy Monday! Good news in real estate for your rainy Monday afternoon. The Spring market remains strong, with over 352 homes under contract last week! The median price was $285k, or $140 per sq. ft. That is awesome! Check out how each area performed...
- 8 Daniel Island single family homes under contract past wk LISTED from $500k-$3.9M. 4 over $1M. Median $963k,$281/sqft.
- 23 James Island single family homes under contract past wk LISTED from $180k-$899k. 1 under $250k. 1 over $500k. 3 Seaside. Median $315k,$214/sqft. 1 under $150/sqft.
- 9 Johns Island single family homes under contract past wk LISTED from $175k-$589k. 1 under $200k. Median $275k,$161/sqft.
- 27 West Ashley single family homes under contract past wk LISTED from $45k-$800k. 5 under $175k. 6 over $400k. Median $300k,$151/sqft.
- 21 North Chas single family homes under contract past wk LISTED from $36k-$339k. 4 under $100k. 3 over $250k. 6 Park Circle. Median $178k,$118/sqft.
- 40 Mt Pleasant single family homes under contract past wk LISTED from $240k-$2M. 5 Dunes West. Median $490k,$193/sqft. 19 over $500k. 2 over $1M. 3 under $150/sqft. 5(13%) new construction.
- 12 Peninsula Charleston single family homes under contract past wk LISTED from $284k-$1.2M. 1 over $1M. Median $625k,$348/sqft.
- 68 Summerville/Ladson single family homes under contract past wk LISTED from $45k-$640k. 9 Wescott. Median $230k,$112/sqft. 5 under $125k. 6 over $400k.
- 54 Hanahan/Gs Creek/Moncks Cnr single family homes under contract past week LISTED from $95k-$635k. 5 Crowfield. Median $217k,$111/sqft. 4 under $125k. 3 over $350k.
So what does this mean for you? If you are a buyer and are waiting for the market to slow, or prices to go down, it doesn't seem to be happening. If you are considering selling, it's still a great time! You haven't missed the Spring market. Prices continue to rise and buyers are looking for new inventory! We are so blessed to live in a thriving economy here in Charleston, and are excited to watch the growth continue.
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