Charleston SC Real Estate Statistics for July 22-28, 2016

Analysis of residential properties going under contract(contingent) during week of 7/22/16-7/28/16

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

• 268 single family homes under contract past week. Median LIST price $265k, $133/sqft.  11 under $100k. 11 over $1M, 1 of those over $2M. Median 24 CDOM. Median Yr Blt 2001

• 6 (2%) of 268 single family homes under contract past wk BANK OWNED FORECLOSURES or SHORT SALES.  Another 11% new construction.  3 of 3 short sales in areas 31/32, 61-76

• 39 island single family homes under contract past week. 
• James Island -13
• Johns Island -13
• Wadmalaw - 2 ($95k,$729k)
• Edisto - 4 ($369k, $374k, $385k, $497k)
• Seabrook - 2 ($789k, $879k)
• Sullivan - 1 ($1.9M)
• Daniel - 4 ($490k, $680k, $1.1M, $1.8M)

• 13 James Island single family homes under contract past week LISTED from $274k-$1.4M. 2 over $500k. Median $370k,$191/sqft. 3(23%) new construction.  

• 13 Johns Island single family homes under contract past week LISTED from $239k-$385k. Median $265k,$155/sqft. 7(54%) new construction.  

• 35 West Ashley single family homes under contract past week LISTED from $165k-$625k. 2 under $175k. 4 over $400k. Median $278k,$150/sqft. 2 new construction.

• 17 North Chas single family homes under contract past week LISTED from $55k-$270k. 3 under $100k. 4 over $200k. Median $180k,$104/sqft. 0 new construction.

• 43 Mt Pleasant single family homes under contract past week LISTED from $275k-$5M. 6 over $1M. 5 Dunes West. Median $490k,$216/sqft. 19 over $500k. 0 under $150/sqft. 7(16%) new construction. 

• 6 Peninsula Charleston single family homes under contract past week LISTED from $369k-$739k. Median $447k,$297/sqft. 1 south of crosstown. LIST prices $369k,$405k,$425k,$469k,$675k,$739k.

• 57 Summerville/Ladson single family homes under contract past week LISTED from $105k-$430k. 4 Pine Forest. Median $190k, $110/sqft. 2 under $125k. 10 over $300k. 0 BANK OWNED FORECLOSURES or SHORT SALES. 5 new construction.

• 66 Hanahan/Gs Creek/Moncks Cnr single family homes under contract past week LISTED from $73k-$445k. 6 Sophia Landing. Median $200k, $109/sqft. 7 under $125k. 7 over $300k. 4 BANK OWNED FORECLOSURES or SHORT SALES. 6 new construction 

• 69 condo/townhomes under contract past wk. 8 LISTED under $100k. 34 from $100k-$200k. 12 from $200k-$300k. 9 from $300k-$475k. 5 from $565k-$765k. 1 at $1.2M. 14 Mt P. 1 BANK OWNED FORECLOSURES or SHORT SALES. 4 new construction.

If you have questions about Charleston SC Real Estate, please contact Christopher with BackPorch Properties today! (843) 300-2766