Sunday, September 4, 2016

Charleston SC Real Estate Statistics for August 26 - September 1, 2016

Analysis of residential properties going under contract(contingent) during week of 8/26/16-9/1/16

  • 337 residential properties went under contract this past week. Great activity.
  • 256 single family homes went under contract this past week. Median LIST price $254k, $125/sqft.  11 under $100k. 12 over $1M, 3 of those over $2M. Median 31 CDOM. Median Yr Blt 1999
  • 11 (4%) of 256 single family homes that went under contract this past week were BANK OWNED FORECLOSURES or SHORT SALES.  Another 7% new construction.  3 of 7 short sales in areas 31/32, 61-76
  • 30 island single family homes went under contract this past week. 
    • James Island - 13
    • Folly Beach - 2 ($360k, $399k)
    • Johns Island - 5 ($185k, $225k, $380k, $466k, $500k)
    • Edisto - 1 ($729k)
    • Sullivan - 2 ($1.6M, $2.7M)
    • IOP - 3 ($259k, $530k, $795k)
    • Wild Dunes - 1 ($925k)
    • Daniel - 3 ($590k, $657k, $1.1M)
  • 13 James Island single family homes went under contract this past week LISTED from $162k - $399k. 1 under $200k. Median $310k, $193/sqft. 0 new construction.  
  • 5 Johns Island single family homes went under contract this past week LISTED from $185k - $500k. Median $380k, $166/sqft. 1 (20%) new construction.  
  • 35 West Ashley single family homes went under contract this past week LISTED from $48k - $420k. 1 under $175k. Median $270k, $152/sqft. 2 new construction. 3 Grand Oaks
  • 14 North Charleston single family homes went under contract this past week LISTED from $75k - $289k. 1 under $100k. 3 over $200k. Median $169k, $110/sqft. 1 new construction. 4 Park Circle.
  • 34 Mt Pleasant single family homes went under contract this past week LISTED from $289k - $2.7M. 5 over $1M. 6 Dunes West. Median $468k, $201/sqft. 14 over $500k. 4 under $150/sqft.  3 new construction. 
  • 7 Peninsula Charleston single family homes went under contract this past week LISTED from $385k - $2M.  5 South Of Broad. Median $1.2M, $529/sqft.  6 south of crosstown. Only 1 LISTED under $950k.
  • 78 Summerville/Ladson single family homes went under contract this past week. LISTED from $63k - $527k. 6 Wescott. Median $210k, $110/sqft. 9 under $125k. 19 over $300k. 3 BANK OWNED FORECLOSURES or SHORT SALES. 7 new construction
  • 56 Hanahan/Goose Creek/Moncks Corner single family homes went under contract this past week LISTED from $20k - $410k. 8 Crowfield. Median $197k, $106/sqft. 8 under $125k. 4 over $300k. 2 BANK OWNED FORECLOSURES or SHORT SALES. 3 new construction
  • 77 condo/townhomes went under contract this past week. 8 LISTED under $100k. 38 from $100k - $200k. 9 from $200k - $300k. 12 from $300k - $500k. 7 from $500k - $700k. 3 from $778k - $1.2M. 17 Mt P. 3 BANK OWNED FORECLOSURES or SHORT SALES. 11(14%) new construction
Contact with us at:

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

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