Analysis of residential properties going under contract (contingent) during week of 8/12/16 - 8/18/16
- 344 residential properties went under contract this past week. Great activity.
- 257 single family homes went under contract this past week. Median LIST price $246k, $122/sqft. 9 under $100k. 13 over $1M, 1 of those over $2M. Median 27 CDOM. Median Yr Blt 2000
- 10 (4%) of 257 single family homes that went under contract this past week were BANK OWNED FORECLOSURES or SHORT SALES. Another 10% were new construction. 4 of 5 short sales in were in areas 31/32, 61-76
- 41 island single family homes went under contract this past week.
- James Island - 13
- Folly Beach - 2 ($468k, $869k)
- Johns Island - 6
- Wadmalaw - 1 ($850k)
- Kiawah - 4 ($799k, $839k, $999k, $1.05M)
- Edisto - 4 ($237k, $415k, $425k, $534k)
- Seabrook - 1 ($749k)
- IOP - 5 ($285k, $955k, $1.05M, $1.6M, $2.4M)
- WildDunes - 2 ($825k, $1.2M)
- Daniel - 3 ($549k, $1.1M, $1.25M)
- 13 James Island single family homes went under contract this past week LISTED from $200k - $840k. 1 under $240k. 1 over $455k. Median $305k, $199/sqft. 2 (15%) new construction.
- 6 Johns Island single family homes went under contract this past week LISTED from $320k - $620k. Median $488k, $196/sqft. 0 new construction. LIST prices $320k, $425k, $450k, $525k, $564k, $620k.
- 28 West Ashley single family went homes under contract this past week LISTED from $149k - $950k. 3 under $175k. 4 over $400k. Median $255k, $147/sqft. 2 new construction. 3 Grand Oaks.
- 20 North Charleston single family homes went under contract this past week LISTED from $28k - $339k. 3 under $100k. 3 over $230k. Median $179k, $110/sqft. 0 new construction. 5 Park Circle.
- 26 Mt Pleasant single family homes went under contract this past week LISTED from $285k - $1.7M. 4 over $1M. 4 Rivertowne. Median $485k, $217/sqft. 11 over $500k. 0 under $150/sqft. 3 (12%) new construction.
- 8 Peninsula Charleston single family homes went under contract this past week LISTED from $200k - $2M. 3 under $300k. 2 above $1M. Median $697k, $286/sqft. 4 south of crosstown.
- 63 Summerville/Ladson single family homes went under contract this past week LISTED from $35k - $400k. 6 Pine Forest, 6 Wescott. Median $200k, $111/sqft. 2 under $125k. 13 over $300k. 1 BANK OWNED FORECLOSURES or SHORT SALES. 7 (11%) new construction.
- 66 Hanahan/Goose Creek/Moncks Corner single family homes went under contract this past week LISTED from $25k - $445k. 12 Crowfield. Median $198k, $103/sqft. 6 under $125k. 4 over $300k. 3 BANK OWNED FORECLOSURES or SHORT SALES. 10 (15%) new construction.
- 78 condo/townhomes went under contract this past week. 9 LISTED under $100k. 43 from $100k - $200k. 11 from $200k - $255k. 9 from $300k - $500k. 5 from $500k - $600k. 1 at $759. 18 Mt P. 1 BANK OWNED FORECLOSURES or SHORT SALES. 9 (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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