Analysis of residential properties going under contract(contingent) during week of 9/2/16-9/8/16
- 285 residential properties went under contract this past week. Slowing down just a little. Will continue to slow slightly until February 2017.
- 236 single family homes went under contract this past week. Median LIST price $249k, $122/sqft. 14 under $100k. 11 over $1M, 2 of those over $2M. Median 33 CDOM. Median Yr Blt 2002
- 13 (6%) of 236 single family homes went under contract this past week BANK OWNED FORECLOSURES or SHORT SALES. Another 11% new construction. 2 of 4 short sales in areas 31/32, 61-76
- 28 island single family homes went under contract this past week.
- James Island - 10
- Folly Beach - 3 ($220k, $665k, $750k)
- Johns Island - 5 ($265k, $267, $269k, $275k, $278k)
- Wadmalaw - 1 ($875k)
- Kiawah - 2 ($890k, $3.2M)
- Edisto - 2 ($415k, $449k)
- Sullivan - 1 ($1.25M)
- WildDunes - 2 ($959k, $1.75M)
- Daniel - 2 ($947k, $1.7M)
- 10 James Island single family homes went under contract this past week LISTED from $110k - $500k. 1 under $250k. Median $320k, $157/sqft. 1 new construction.
- 5 Johns Island single family homes went under contract this past week LISTED from $265k - $278k. Median $269k, $147/sqft. 1(20%) new construction.
- 16 West Ashley single family homes went under contract this past week LISTED from $109k - $949k. 2 under $175k. 3 over $300k. Median $228k, $141/sqft. 0 new construction.
- 24 North Charleston single family homes went under contract this past week LISTED from $19k - $248k. 6 under $100k. 7 over $200k. Median $167k, $109/sqft. 6 (25%) new construction. 6 Brookdale.
- 44 Mt Pleasant single family homes went under contract this past week LISTED from $325k - $2M. 5 over $1M. 7 Park West. Median $547k, $216/sqft. 24 over $500k. 1 under $150/sqft. 9 (20%) new construction.
- 4 Peninsula Charleston single family homes went under contract this past week. LIST prices $260k, $635k, $1.4M, $2M. 3 south of crosstown.
- 58 Summerville/Ladson single family homes went under contract this past week LISTED from $28k - $510k. 7 Wescott. Median $218k, $103/sqft. 7 under $125k. 7 over $300k. 1 BANK OWNED FORECLOSURES or SHORT SALES. 4 new construction.
- 58 Hanahan/Goose Creek/Moncks Corner single family homes went under contract this past week LISTED from $58k - $430k. 5 Cane Bay. Median $190k, $105/sqft. 6 under $125k. 7 over $300k. 3 BANK OWNED FORECLOSURES or SHORT SALES. 4 new construction.
- 49 condo/townhomes went under contract this past week. 4 LISTED under $100k. 27 from $100k - $200k. 8 from $200k - $275k. 6 from $372k - $600k. 2 at $649k, $659k. 2 at $1.6M, $2.6M. 12 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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