No Kidding the Charleston Market is Hot!

236! residential properties under contract past week. Great buying activity continues onward!! If inventory can stay in the 6k range, we might stabilize prices. 3/16/12-3/22/12

191 single family homes under contract past wk. Median List price $196k, $104/sqft. 24 under $100k. 4 over $1M.
  61(32%) of 191 single family homes under contract past wk were either foreclosures or short sales. Another 6% was new construction.

32 island single family homes under contract past wk. James Island sc -10, John's Island sc -5, Seabrook Island sc -4, Edisto Island sc -5, Sullivan's Island, sc -1, Wild Dunes sc -3, Isle of Palms, SC-2, Daniel Island sc -2 ($142/sqft, $135/sqft)
  10 James Island sc homes (single family) under contract past wk. 5 Listed under $245k. 4 from $320k-$395k. 1 at $650.
    2(20%) of 10 James Island single family homes under contract past wk were either short sales or foreclosures.

27 West Ashley SC homes (single family) under contract past wk Listed from $26k-$499k. Median $210k, $98/sqft. 6 above $300k.
  10(37%) of 27 West Ashley sc single family homes under contract past wk were either foreclosures or short sales.

20 North Charleston SC homes (single family) under contract past wk Listed from $15k-$220k. Median $128k, $74/sqft. 1 above $175k. 4 in Park Circle
  8(40%) of 20 North Charleston SC single family homes under contract past wk were either short sales or foreclosures.

38 Mount Pleasant SC homes (single family) under contract past wk Listed from $149k-$1.19M. Median $382k, $158/sqft. 10 over $500k. 3 under $200k. 5 in Ion, 1 which was over $235/sqft.
  9(24%) of 38 Mt Pleasant SC single family homes under contract past wk were either foreclosures or short sales.
8 peninsula Charleston SC homes (single family) under contract past wk Listed from $225k-$629k. 1 over $400k. 1 ss/fc.

41 Summerville/Ladson SC single family homes under contract past wk Listed from $30k-$349k. Median $145k, $82/sqft. 7 above $200k. 5 above $102/sqft.
  17(41%) of 41 Summerville/Ladson SC homes (single family) under contract past wk were either foreclosures or short sales. Another 10% was new construction.

24 Hanahan/Goose Creek/Moncks Corner SC homes (single family) under contract past week Listed from $25k-$415k. Median $145k, $81/sqft. 2 over $200k.
  9(38%) of 24 Hanahan/Goose Creek/Moncks Corner SC single family homes under contract past week were either foreclosures or short sales. Another 8% were new construction.

42 condo/townhomes under contract past wk. 8 Listed under $100k. 20 from $100k-$200k. 7 from $250k-$400k. 7 from $410k- $539k. 10 in Mt P, 10 downtown. 23(55%) of 42 condo/townhomes under contract past wk were either foreclosures or short sales.

Call us if you want to get out and look at some properties - 843.814.4378!