Analysis of residential properties going under contract (contingent) during week of 8/5/16-8/11/16
- 319 residential properties went under contract this past week. Great activity, but starting the seasonal Fall slip.
- 260 single family homes went under contract this past week. Median LIST price $244k, $131/sqft. 11under $100k. 12 over $1M, 2 of those over $2M. Median 26 CDOM. Median Yr Blt 2000
- 10 (4%) of 260 single family homes went under contract this past week were BANK OWNED FORECLOSURES or SHORT SALES. Another 8% new construction. 4 of 7 short sales in areas 31/32, 61-76
- 45 island single family homes went under contract this past week.
- James Island - 21
- Folly Beach - 1 ($525k)
- Johns Island - 5
- Wadmalaw - 1 ($85k)
- Kiawah Island - 2 ($825k, $890k)
- Edisto - 2 ($379k, $479k)
- Sullivan - 2 ($899k, $1.67M)
- IOP - 2 ($899k, $900k)
- WildDunes - 1 ($1.3M)
- Daniel Island - 8
- 8 Daniel Island single family homes went under contract this past week LISTED from $499k - $1.7M. 3 over $1M. Median $895k, $293/sqft. 1 new construction.
- 21 James Island single family homes went under contract this past week LISTED from $173k - $797k. 1 under $200k. 2 over $425k. Median $295k, $186/sqft. 2 new construction.
- 5 Johns Island single family homes went under contract this past week LISTED from $189k - $975k. Median $299k, $161/sqft. 0 new construction. LIST prices $189k, $200k, $299k, $348k, $975k.
- 27 West Ashley single family homes went under contract this past week LISTED from $55k - $1.2M. 3 under $175k. 1 over $450k. Median $299k, $148/sqft. 2 new construction. 6 Carolina Bay.
- 21 North Charleston single family homes went under contract this past week LISTED from $37k - $395k. 4 under $100k. 4 over $300k. Median $175k, $102/sqft. 5 (24%) new construction.
- 35 Mt Pleasant single family homes went under contract this past week LISTED from $300k - $1.6M. 3 over $1M. 5 Park West. Median $496k, $200/sqft. 16 over $500k. 1 under $150/sqft. 4 (11%) new construction.
- 12 Peninsula Charleston single family homes went under contract this past week LISTED from $199k - $3.65M. 1 under $300k. 3 above $1M. Median $588k, $337/sqft. 5 south of crosstown.
- 55 Summerville/Ladson single family homes went under contract this past week LISTED from $85k - $440k. 3 Wescott. Median $200k, $104/sqft. 3 under $125k. 5 over $300k. 2 BANK OWNED FORECLOSURES or SHORT SALES. 3 new construction
- 62 Hanahan/Goose Creek/Moncks Corner single family homes went under contract this past week LISTED from $57k - $548k. 6 Crowfield. Median $178k, $109/sqft. 11 under $125k. 4 over $300k. 3 BANK OWNED FORECLOSURES or SHORT SALES. 2 new construction
- 50 condo/townhomes went under contract this past week. 6 LISTED under $100k. 24 from $100k - $200k. 10 from $200k - $300k. 4 from $300k - $500k. 4 from $589k - $630k. 2 at $825k, $950k. 10 Mt P. 2 BANK OWNED FORECLOSURES or SHORT SALES. 6 (12%) new construction
Contact with us at:
Back Porch Properties
1180 Sam Rittenberg Blvd #105
Charleston, SC 29407
(843) 300-2766
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