Homebuying Down a Little, Maybe due to Holiday in Charleston SC

 Charleston SC Homebuying Activity for week of 11/18/11-11/24/11

There were 153 residential properties that went under contract this past week. 119 Single Family w/ a median list price of $179,000, which is low, $98 sq/ft and 23 under $100,000. 0 properties under contract over $1M.
  43(36%) of 119 single family homes under contract past wk were either short sales or foreclosures.

18 Island single family homes under contract past wk. James Island, SC -11, John's Island -5 ,Wadmalaw Island -1,Isle of Palms-1.
  11 James Island single family homes under contract past wk listed from $80k-$799k. Median $272k,$137/sqft. Only 2 under $200k.
   5(45%) of 11 James Island single family homes under contract past wk were either foreclosures or short sales.

16 West Ashley single family homes under contract past wk listed from $35k-$870k. Median $187k, $102/sqft. Only 3 over $250k.
  6(38%) of 16 West Ashley single family homes under contract past wk were either foreclosures or short sales.

10 North Charleston single family homes under contract past wk LISTED from $15k-$200k. Median $76k,$62/sqft. Only 1 over $140k.
  3(30%) of 10 North Charleston single family homes under contract past wk were either short sales or foreclosures.

20(low) Mt Pleasant single family homes under contract past wk LISTED from $109k-$949k. Median $395k(high), $140/sqft. Only 3 under 200k. 8 over $170/sqft.
  5(25%) of 20 Mt Pleasant single family homes under contract past wk were either foreclosures or short sales.

7 peninsula Charleston single family home under contract past wk LISTED from $129k-$300k. Only 2 over $200k. 4(57%) of 7 shortsales.

22 Summerville/Ladson single family homes under contract past wk LISTED from $70k-$291k. Median $141k(low),$81/sqft. 6 $180k+
  7(32%) of 22 Summerville/Ladson single family homes under contract past wk were either foreclosures or short sales.

25 Hanahan/Goose Creek/Moncks Corner single family homes under contract past week LISTED from $15k-$280k. Median $140k, $68/sqft. Only 6 over $170k.
 11(44%) of 25 Hanahan/Goose Creek/Moncks Corner single family homes under contract past week were either foreclosures or short sales.

31 condo/townhomes under contract past wk. 6 LISTED under $100k. 12 $100k-$200k. 4 $230k-$400k. 9 from $434k-$2.75M.
  8(26%) of 31 condo/townhomes under contract past wk were either foreclosures or short sales.