Analysis of residential properties going under contract (contingent) during week of 11/11/16 – 11/17/16

  • 281 residential properties under contract past wk. Extraordinary for this time of year.
  • 228 single family homes under contract past wk. Median LIST price $248k,$127/sqft. 7 under $100k. 8 over $1M, 1 of those over $2M. Median 37 CDOM. Median Yr Blt 2000
  • 11(5%) of 228 single family homes under contract past wk BANK OWNED FORECLOSURES or SHORT SALES. Another 11% new construction. 1 of 3 short sales in areas 31/32, 61-76
  • 32 island single family homes under contract past wk. James-14,Folly-2($393k,$1.2M),Johns-6,Wadmalaw-1($330k),Edisto-5($487k,$499k,$549k,$825k,$889k),Seabrook-1($580k),WildDunes-2($670k,$880k),Dan-1($969k)
  • 14 James Island single family homes under contract past wk LISTED from $200k-$615k. 4 over $400k. Median $317k,$190/sqft. 1 new construction.
  • 6 Johns Island single family homes under contract past wk LISTED from $199k-$470k. Median $306k,$153/sqft. 3(50%) new construction. LIST prices $199k,$294k,$305k,$307k,$425k,$470k.
  • 26 West Ashley single family homes under contract past wk LISTED from $38k-$799k. 3 under $175k. 3 over $400k. Median $290k,$149/sqft. 8(31%) new construction. 5 Magnolia Bluff.
  • 14 North Chas single family homes under contract past wk LISTED from $34k-$230k. 3 Park Circle. 1 under $100k. Median $175k,$119/sqft. 1 new construction.
  • 32 Mt Pleasant single family homes under contract past wk LISTED from $250k-$4.65M. 5 Park West. Median $463k,$209/sqft. 10 over $500k, 4 of those over $1M. 1 under $150/sqft. 5(16%) new construction.
  • 8 Peninsula Charleston single family homes under contract past wk LISTED from $180k-$1.4M. Median $537k,$395/sqft. 3 above $1M. 4 south of crosstown.
  • 55 Summerville/Ladson single family homes under contract past wk LISTED from $79k-$499k. 7 Wescott. Median $209k,$106/sqft. 3 under $125k. 6 over $350k. 2 BANK OWNED FORECLOSURES or SHORT SALES. 3 new constr
  • 56 Hanahan/Gs Creek/Moncks Cnr single family homes under contract past week LISTED from $69k-$410k. 5 Crowfield, 5 Otranto. Median $205k,$103/sqft. 7 under $125k. 5 over $275k. 4 BANK OWNED FORECLOSURES or SHORT SALES. 5 new construc
  • 50 condo/townhomes under contract past wk. 8 LISTED under $100k. 21 from $100k-$199k. 6 from $200k-$299k. 6 from $300k-$499k. 6 from $500k-$650k. 3 from $720k-$925k. 8 Mt Pleasant, 8 N Chas. 1 BANK OWNED FORECLOSURES or SHORT SALES. 4 new construction