Analysis of residential properties going under contract(contingent) during week of 10/28/16-11/3/16 in the Charleston, SC area…
- 317 residential properties under contract past wk. Extraordinary for this time of year.
- 256 single family homes under contract past wk. Median LIST price $259k,$134/sqft. 11 under $100k. 7 over $1M, 1 of those over $2M. Median 35 CDOM. Median Yr Blt 1995
- 6(2%) of 256 single family homes under contract past wk BANK OWNED FORECLOSURES or SHORT SALES. Another 15% new construction. 2 of 3 short sales in areas 31/32, 61-76
- 34 island single family homes under contract past wk. James-17,Folly-1($589),Johns-9,Edisto-1($259k),Seabrook-1($347k),IOP-2($859k,$1.6M),Dan-3($714k,$775k,$1.9M)
- 17 James Island single family homes under contract past wk LISTED from $150k-$548k. 1 under $225k. 4 over $400k. Median $305k,$190/sqft. 3(18%) new construction.
- 9 Johns Island single family homes under contract past wk LISTED from $230k-$435k. Median $300k,$154/sqft. 2(22%) new construction.
- 34 West Ashley single family homes under contract past wk LISTED from $179k-$1.1M. 9 over $400k. Median $300k,$154/sqft. 4(12%) new construction. 4 Poplar Grove.
- 29 North Chas single family homes under contract past wk LISTED from $49k-$345k. 7 under $100k. 2 over $300k. Median $185k,$116/sqft. 5(17%) new construction.
- 34 Mt Pleasant single family homes under contract past wk LISTED from $340k-$5.85M. 2 over $1M. Median $514k,$206/sqft. 18 over $500k. 0 under $150/sqft. 3 new construction.
- 9 Peninsula Charleston single family homes under contract past wk LISTED from $250k-$1.6M. Median $500k,$312/sqft. 7 south of crosstown.
- 50 Summerville/Ladson single family homes under contract past wk LISTED from $73k-$650k. 5 Wescott. Median $191k,$112/sqft. 3 under $125k. 4 over $350k. 2 BANK OWNED FORECLOSURES or SHORT SALES. 2 new constr
- 61 Hanahan/Gs Creek/Moncks Cnr single family homes under contract past week LISTED from $75k-$450k. 8 Cane Bay. Median $220k,$110/sqft. 4 under $125k. 7 over $300k. 1 BANK OWNED FORECLOSURES or SHORT SALES. 18(30%) new construc
- 48 condo/townhomes under contract past wk. 5 LISTED under $100k. 14 from $100k-$199k. 15 from $200k-$299k. 7 from $350k-$490k. 6 from $500-$825k. 1 at $1.2M. 11 Mt Pleasant. 3 BANK OWNED FORECLOSURES or SHORT SALES. 6(13%) new construction