The Charleston SC Real Estate Market has Everyone's Attention!

238! residential properties under contract past week. Great buying activity continues onward!! Analysis for 3.23 - 3.29.12

184 single family homes under contract past wk. Median List price $220k,$107/sqft!! 29 under $100k. 4 over $1M.
  53(29%) of 184 single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES. Another 11% was new construction.

32 island single family homes under contract past wk. James Island SC -14, Folly Beach, SC -2, John;s Island, SC -4, Kiawah Island sc -1, Seabrook Island sc -1, Edisto Beach, SC -3, Sullivan's Island SC -1, Isle of Palms SC -1, Daniel Island, SC -5 ($600k-$1.25M)

14 James Island sc homes (single family) under contract past wk Listed from $130k-$325k. Only 4 under $200k. Median $222k, $131/sqft.
  4(29%) of 14 James Island sc single family homes under contract past wk were either foreclosures or short sales.

12 West Ashley SC homes (single family) under contract past wk listed from $178k-$750k. Median $227k, $117/sqft. 3 below $200k. 2 above $300k.
0 of 12 West Ashley sc single family homes under contract past wk were either short sales, foreclosures or New Construction!!

22 North Charleston SC homes (single family) under contract past wk listed from $19k-$230k. Median $99k,$75/sqft. 3 above $175k. 5 in Park Circle
  7(32%) of 22 North Charleston sc single family homes under contract past wk were either short sales or foreclosures.

38 Mt Pleasant SC homes (single family) under contract past wk listed from $175k-$925k. Median $363k, $165/sqft. 12 over $500k. 2 under $200k. 3 in Park West's Masonborough
  7(18%) of 38 Mount Pleasant SC single family homes under contract past wk were either foreclosures or short sales.

12 peninsula Charleston SC homes (single family) under contract past wk Listed from $45k-$1.1M. 3 over $750k. 1 ss/fc. 4 in Wagener Terrace.

36 Summerville/Ladson sc homes (single family) under contract past wk Listed from $60k-$349k. Median $167k, $83/sqft. 3 above $300k. 4 above $103/sqft. 5 in Wescott Plantation. 3 in The Ponds.
  15(42%) of 36 Summerville/Ladson sc single family homes under contract past wk were either foreclosures or short sales. Another 22% was new construction.

29 Hanahan/Goose Creek/Moncks Corner sc homes (single family) under contract past week listed from $30k-$375k. Median $125k, $71/sqft. 5 over $200k.
  12(41%) of 29 Hanahan/Goose Creek/Moncks Corner sc  homres (single family) under contract past week were either short sales or foreclosures.

51 condo/townhomes under contract past wk in the Charleston SC MLS. 16 Listed under $100k. 18 from $100k-$180k. 9 from $200k-$400k. 8 from $470k-$679k. 14 in Mount Pleasant SC, 10 North Charleston SC. 23(45%) of 51 condo/townhomes under contract past wk were either foreclosures or short sales.