Analysis of residential properties going under contract(contingent) during week of 8/19/16-8/25/16
- 327 residential properties went under contract this past week. Great activity.
- 253 single family homes went under contract this past week. Median LIST price $250k, $127/sqft. 7 under $100k. 3 over $1M, 0 of those over $2M. Median 27 CDOM. Median Yr Blt 1999
- 7 (3%) of 253 single family homes that went under contract this past week were BANK OWNED FORECLOSURES or SHORT SALES. Another 12% new construction. 2 of 4 short sales in areas 31/32, 61-76
- 41 island single family homes went under contract this past week.
- James Island - 15
- Folly Beach - 5 ($539k, $585k, $600k, $849k, $1M)
- Johns Island - 7
- Wadmalaw - 1 ($800k)
- Kiawah - 1 ($839k)
- Edisto - 1 ($399k)
- Seabrook - 1 ($390k)
- IOP - 2 ($600k,$797k)
- WildDunes - 4 ($525k, $535k, $775k, $880k)
- Daniel - 4 ($498k, $519k, $695k, $725k)
- 15 James Island single family homes went under contract this past week LISTED from $250k - $1M. 2 over $420k. Median $300k, $202/sqft. 0 new construction. 3 Seaside Plantation.
- 7 Johns Island single family homes went under contract this past week LISTED from $220k - $1M. Median $425k, $146/sqft. 1 (14%) new construction. LIST prices $220k, $244k, $250k, $425k, $465k, $479k, $1M.
- 22 West Ashley single family homes went under contract this past week LISTED from $56k - $395k. 2 under $175k. Median $245k, $149/sqft. 2 new construction. 3 Grand Oaks, 3 Carolina Bay.
- 15 North Charleston single family homes went under contract this past week LISTED from $60k - $360k. 1 under $100k. 2 over $210k. Median $175k, $104/sqft. 0 new construction.
- 37 Mt Pleasant single family homes went under contract this past week LISTED from $265k - $1.2M. 1 over $1M. 4 Longpoint. Median $480k, $204/sqft. 16 over $500k. 2 under $150/sqft. 6 (16%) new construction.
- 5 Peninsula Charleston single family homes went under contract this past week LISTED from $519k - $1.7M. Median $660k, $395/sqft. 2 south of crosstown. LIST Prices $519k, $550k, $660k, $1.4M, $1.7M.
- 69 Summerville/Ladson single family homes went under contract this past week LISTED from $75k - $399k. 11 Wescott. Median $215k, $108/sqft. 7 under $125k. 9 over $300k. 0 BANK OWNED FORECLOSURES or SHORT SALES. 7 (10%) new construction
- 61 Hanahan/Goose Creek/Moncks Corner single family homes went under contract this past week LISTED from $57k - $451k. 10 Crowfield, 9 Cane Bay. Median $212k, $107/sqft. 2 under $125k. 7 over $300k. 2 BANK OWNED FORECLOSURES or SHORT SALES. 14 (23%) new construction
- 71 condo/townhomes went under contract this past week. 6 LISTED under $100k. 35 from $100k - $200k. 17 from $200k - $300k. 8 from $300k - $500k. 3 from $500k - $700k. 2 at $1.45M, $2.85M. 11 Mt P. 2 BANK OWNED FORECLOSURES or SHORT SALES. 7 new construction.
Contact with us at:
Back Porch Properties
1180 Sam Rittenberg Blvd #105
Charleston, SC 29407
(843) 300-2766
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