We Are Running Out of Properties to Sell in Charleston SC!

Posted By Cathy Hunnicutt @ Mar 18th 2013 11:39am In: Market Stats

280 residential properties under contract 3/8-3/14/13!!

217 single family homes under contract past wk. Median list price $190k, $104/sf. 38 under $100k. 4 over $1M. Median Year Built 1992.
22% of 217 homes under contract were either foreclosures or short sales. Another 6% were new construction.

37 Mount Pleasant Sc homes under contract were listed from $175k-$6.1M. Median $389k, $162/sf. 8 over $500k. 3 under $200k. 7 under $135/sf. 24% were either fc/ss. 3 new construction.

32 island homes under contract last week. James Island Sc -10, Folly Beach Sc -1 ($779k), John's Island SC -8, Wadmalaw Sc -1($40k),Edisto-3($354k,$521k,$789k),Sullivans-1($995k),IOP-1($675k),WildDunes-3($440k,$799k,$900k),Daniel-4 ($349k, $392k, $415k, $450k)

10 James Island homes went under contract last week listed from $142k-$550k. Median $214k, $155/sf. 1 over $280k. Only 3 under $130/sf. 10% were either foreclosures or short sales. 1 new construction.

8 John's Island homes under contract last week listed from $135k-$599k. 3 above $350k. 38% were either foreclosures or ss. 3 new construction

34 West Ashley homes under contract were listed from $85k-$864k. Median $203k, $112/sf. 7 above $300k. 3 above $500k. 18% were either fc/ss. 3 new construction. 5 Shadowmoss Plantation and 5 Grand Oaks.

24 North Charleston SC homes under contract were listed from $10k- $950k. 11 below $100k. 2 above $200k. Median $101k, $70/sf. 33% were either fc/ss.

6 Peninsula Charleston homes under contract had list prices $56k, $90k, $230k, $569k, $995k, $1.4M. 3 under contract in less than 22 days.

43 Summerville/Ladson homes under contract were listed from $35k-$300k. Median $165k, $89/sf. 5 Bridges of Summerville. 23% were either fc/ss. 2 new construction.

40 Hanahan/Goose Creek/Moncks Corner homes under contract last week were listed from $40k- $293k. Median $120k, $81/sf. 7 over $200k. 5 Crowfield Plantation. 13% were either fc/ss.

55 condo/townhomes under contract last week. 16 were listed under $100k. 18 from $100k-$200k. 12 from $210k-$400k. 6 from $400k-$600k. 3 from $850k-$1.25M. 19 Mt. Pleasant. 31% were either fc/ss.