Charleston SC Real Estate Statistics for July 15-21, 2016

Analysis of residential properties in Charleston, SC going under contract (contingent) during week of 7/15/16-7/21/16

• 371 residential properties under contract past week. Great activity.

• 284 single family homes under contract past week. Median LIST price $250k, $121/sqft.  13 under $100k. 14 over $1M, 2 of those over $2M. Median 35 CDOM. Median Yr Blt 2000

• 12 (4%) of 284 single family homes under contract past week BANK OWNED FORECLOSURES or SHORT SALES.  Another 11% new construction.  4 of 4 short sales in areas 31/32, 61-76.

• 39 island single family homes under contract past week. 
• James Island - 21
• Folly Beach - 1 ($935k)
• Johns Island - 7
• Kiawah Island - 1 ($695k)
• Edisto - 1 ($395k)
• Sullivan - 3 ($495k, $1.35M, $2.5M)
• IOP - 4 ($700k, $789k, $845k, $1.95M)
• WildDunes - 1 ($1.3M)

• 21 James Island single family homes under contract past week LISTED from $173k - $1.7M. 1 under $250k. 9 over $400k. Median $365k, $189/sqft. 5 Seaside Plantation. 4(19%) new construction.  

• 7 Johns Island single family homes under contract past week LISTED from $47k - $1.65M. 1 under $235k. 1 over $340k. Median $258k, $151/sqft. 1(14%) new construction.  

• 35 West Ashley single family homes under contract past week LISTED from $150k - $685k. 3 under $175k. 6 over $400k. 4 Village Green. Median $260k, $136/sqft. 0 new construction.

• 26 North Charleston single family homes under contract past week LISTED from $60k - $289k. 3 under $100k. 11 over $200k. 13 Brookdale. Median $196k, $95/sqft. 13(50%) new construction. 

• 40 Mt Pleasant single family homes under contract past week LISTED from $162k - $2.15M. 1 under $250k. 5 over $1M. 4 Dunes West. Median $472k, $215/sqft. 16 over $500k. 3 under $150/sqft. 4(10%) new construction. 

• 7 Peninsula Charleston single family homes under contract past week LISTED from $425k - $1.37M. 2 above $1M. Median $525k, $352/sqft. 6 south of crosstown. LIST prices $425k, $439k, $495k, $525k, $650k, $1.35M, $1.37M

• 73 Summerville/Ladson single family homes under contract past week LISTED from $85k - $480k. 5 Meyers Mill. Median $210k, $103/sqft. 4 under $125k. 5 over $300k. 2 BANK OWNED FORECLOSURES or SHORT SALES. 5 new construction

• 59 Hanahan/Gs Creek/Moncks Corner single family homes under contract past week LISTED from $35k-$450k. Median $201k, $110/sqft. 8 under $125k. 6 over $300k. 7(12%) BANK OWNED FORECLOSURES or SHORT SALES. 3 new construction 

• 86 condo/townhomes under contract past week. 6 LISTED under $100k. 46 from $100k-$200k. 15 from $200k-$300k. 8 from $300k - $450k. 8 from $500k - $800k. 3 from $850k-$915k. 17 Mt P. 1 BANK OWNED FORECLOSURES or SHORT SALES. 10(12%) new construction.