Fantastic Home Buying Activity in Charleston, SC Last Week ~ 250 Under Contract!

Analysis of residential properties under contract during week of 2/3/12-2/9/12

250! residential properties under contract past week. Holy Smackers! Great buying activity!!

185 single family homes under contract past wk. Median LIST price $205k,$103/sqft! 29 under $100k. 5 over $1M.
    59(32%) of 185 single family homes under contract past wk were either foreclosure or short sale.

28 Island single family homes under contract past wk. James Island, SC -10, John's Island, SC -3, Folly Beach, SC -2, Wadmalaw Island, SC -1, Seabrook Island SC -1, Edisto Island SC -1, Sullivan's Island, SC -3, Isle of Palms, SC -2, Wild Dunes SC -1, Daniel Island SC -4
    10 James Island sc homes (single family) under contract past wk. 5 listed under $200k. Only 1 above $260k.
    4 (40%) of 10 James Island, SC homes (single family) under contract past wk were either short sales or foreclosures.

21 West Ashley SC homes (single family) under contract past wk listed from $106k-$374k. Median $190k, $113/sqft.
    6 (29%) of 21 West Ashley SC single family homes under contract past wk were either foreclosures or short sales.

15 North Charleston SC homes (single family) under contract past week listed from $20k-$235k. Median $65k, $53/sqft. Only 2 above $130k.

    4(27%) of 15 North Charleston single family homes under contract past wk were either short sales or foreclosures.

37 Mount Pleasant SC homes (single family) under contract past week listed from $171k-$1.8M. Median $420k,$149/sqft. 2 below $200k.
    9(24%) of 37 Mt. Pleasant, SC single family homes under contract past week were either foreclosures or short sales.

5 peninsula Charleston SC homes (single family) under contract past wk. List prices $220k, $229k, $249k, $499k, $1.65M. 0 were short sales or foreclosures

36 Summerville, SC/Ladson, SC homes (single family) under contract past wk listed from $50k-$549k. Median $142k,$82/sqft. 10 over $200k.
    13(36%) of 36 Summerville/Ladson sc homes (single family) under contract past wk were either foreclosures or short sales.

40 Hanahan, SC/Goose Creek, SC/Moncks Corner, sc homes (single family) under contract past week listed from $40k-$850k. Median $127k,$79/sqft. 4 over $240k.
    15(38%) of 40 Hanahan/Goose Creek/Moncks Corner SC single family homes under contract past week were either foreclosures or short sales.

59 condo/townhomes in the Charleston SC mls under contract past wk. 21 listed under $100k. 18 from $100k-$200k. 11 from $375k-$2.9M. 12 of 59 in Mount Pleasant sc.   21(36%) of 59 condo/townhomes under contract past wk were either foreclosures or short sales.

The picture above was taken last year at the DockDogs Competition at the Southeastern Wildlife Exposition! Don't Miss DockDogs this weekend!