Check it Out - Charleston SC Homes Are Selling!

223 residential properties under contract 7/20/12-7/26/12. 3.5% mortgage rates are driving this machine.
 

175 single family homes under contract past wk. Median LIST price $186k,$100/sqft. 22 under $100k. 6 over $1M. Median 65 CDOM. Median Yr Blt 1992.
  43(25%) of 175 single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES. Another 9% was new construction.

30 island single family homes under contract past wk. James-16,Folly-1($899k),Johns-4($116k,$149k,$355k,$379k),Kiawah-1($1.3M),Edisto-2($799k,$895k),Sullivans-  1($685k),IOP-2($400k,$725k),WildDunes-2($650k,$1.55M),Daniel-1($590k)

16 James Island single family homes under contract past wk LISTED from $120k-$1.1M. Median $210k,$144/sqft. 7 under $175k. 3 over $400k. 5 over $300k.
  4(25%) of 16 James Island single family homes under contract past wk were either BANK FORECLOSURES or SHORT SALES.

13 West Ashley single family homes under contract past wk LISTED from $42k-$325k. 4 above $175k. Median $150k, $104/sqft.
  4(31%) of 13 West Ashley single family homes under contract past wk were either BANK FORECLOSURES or SHORT SALES.

15 North Charleston single family homes under contract past wk LISTED from $17k-$225k. Median $130k,$60/sqft. 5 under $100k. 1 over $170k.
   6(40%) of 15 North Charleston single family homes under contract past wk were either BANK FORECLOSURES or SHORT SALES.

30 Mt Pleasant single family homes under contract past wk LISTED from $135k-$1.4M. Median $315k,$153/sqft. 5 over $500k. 2 under $200k. 5 under $135/sqft. 11 under 2000sqft. 3 Longpoint.
  5(17%) of 30 Mt Pleasant single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES. 0 new construction.

6 peninsula Charleston single family homes under contract past wk LISTED from $150k-$725k. 4 over $500k. 0 ss/fc.

40 Summerville/Ladson single family homes under contract past wk LISTED from $32k-$370k. Median $163k,$86/sqft. 8 above $250k. 3 above $300k. 3 Wescott.
  13(33%) of 40 Summerville/Ladson single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES. Another 8% was new construction.

40 Hanahan/Gs Creek/Moncks Cnr single family homes under contract past week LISTED from $30k-$299k. Median $135k,$83/sqft. 8 over $200k. 7 Sangaree.
  8(20%) of 40 Hanahan/Gs Creek/Moncks Cnr single family homes under contract past week were either BANK OWNED FORECLOSURES or SHORT SALES. 25% new construction.

46 condo/townhomes under contract past wk. 19 LISTED under $100k. 12 from $100k-$200k. 4 from $215k-$260k. 8 from $320k-$550k. 3 at $900k,$995k,$1.8M. 9 North Charleston, 8 Peninsula, 7 in Mt P. 20(43%) of 46 condo/townhomes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES.