Charleston SC Real Estate Statistics for July 29, 2016 through August 4, 2016

Analysis of residential properties going under contract(contingent) during week of 7/29/16-8/4/16

• 358 residential properties under contract this past week. Great activity for Charleston SC.

• 281 single family homes under contract this past week. Median LIST price $255k, $130/sqft.  8 under $100k. 13 over $1M, 5 of those over $2.9M. Median 24 CDOM. Median Yr Blt 1999

• 10 (4%) of 281 single family homes under contract this past week were BANK OWNED FORECLOSURES or SHORT SALES.  Another 7% new construction.  4 of 7 short sales in areas 31/32, 61-76

• 37 island single family homes went under contract this past week. 
• James Island - 15
• Folly Beach - 4 ($425k, $450k, $539k, $629k)
• Johns Island - 8
• Kiawah Island - 1 ($799k)
• Edisto - 2 ($819k, $890k)
• Seabrook Island - 3 ($542k, $625k, $3.5M)
• WildDunes - 3 ($1.2M, $1.3M, $1.55M)
• Daniel Island - 1 ($1.5M)

• 15 James Island single family homes under went contract this past week LISTED from $269k - $1.2M. 3 over $500k. Median $395k, $204/sqft. 1 new construction.  

• 8 Johns Island single family homes went under contract this past week LISTED from $291k - $675k. Median $385k, $169/sqft. 4(50%) new construction.  

• 31 West Ashley single family homes went under contract this past week LISTED from $85k - $5M. 3 under $175k. 4 over $400k. Median $250k, $143/sqft. 0 new construction. 4 Shadowmoss.

• 25 North Charleston single family homes went under contract this past week LISTED from $85k - $750k. 2 under $100k. 2 over $300k. Median $221k, $106/sqft. 2 new construction. 5 Park Circle.

• 49 Mt Pleasant single family homes under contract past wk LISTED from $265k - $3.5M. 2 over $1M. 5 Snee Farm. Median $470k, $208/sqft. 20 over $500k. 2 under $150/sqft. 6(12%) new construction. 

• 7 Peninsula Charleston single family homes went under contract this past week LISTED from $475k - $4.8M. Median $1.2M,$511/sqft. 6 south of crosstown. LIST prices $475k, $480k, $789k, $1.2M, $1.7M, $3M, $4.8M.

• 73 Summerville/Ladson single family homes went under contract this past week LISTED from $70k - $425k. 6 Wescott. Median $204k, $110/sqft. 5 under $125k. 9 over $300k. 4 BANK OWNED FORECLOSURES or SHORT SALES. 5 new construction.

• 54 Hanahan/Goose Creek/Moncks Corner single family homes went under contract this past week LISTED from $85k - $385k. 4 Crowfield, 4 Foxbank. Median $178k, $107/sqft. 8 under $125k. 5 over $300k. 2 BANK OWNED FORECLOSURES or SHORT SALES. 3 new construction.

• 69 condo/townhomes went under contract this past week. 9 LISTED under $100k. 34 from $100k-$200k. 15 from $200k-$250k. 5 from $340k-$475k. 5 from $500k-$630k. 1 at $2.1M. 12 W Ashley. 3 BANK OWNED FORECLOSURES or SHORT SALES. 7(10%) new construction

Contact with us at:

Back Porch Properties
1180 Sam Rittenberg Blvd #105
Charleston, SC 29407
(843) 300-2766

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Originally Published at: http://www.backporchproperties.com/2016/08/08/charleston-sc-real-estate-statistics-for-july-29-2016-through-august-4-2016/