Monday, October 3, 2016

Charleston SC Real Estate Statistics for September 23-29,2016

Analysis of residential properties going under contract(contingent) during week of 9/23/16-9/29/16

  • 308 residential properties went under contract this past week in Charleston SC. Slowing down just a little.  Will continue to slow slightly until Feb.
  • 244 single family homes went under contract this past week. Median LIST price $260k, $132/sqft.  13 under $100k. 10 over $1M, 4 of those over $2M. Median 32 CDOM. Median Yr Blt 1997
  • 13 (5%) of 244 single family homes went under contract this past week BANK OWNED FORECLOSURES or SHORT SALES.  Another 11% new construction.  6 of 6 short sales in areas 31/32, 61-76
  • 32 island single family homes went under contract this past week. 
    • James - 14
    • Johns - 7
    • Kiawah - 1 ($709k)
    • Edisto - 1 ($329k)
    • Seabrook - 1 ($346k)
    • Sullivan - 2 ($1.1M, $1.4M)
    • IOP - 3 ($590k, $725k, $3M)
    • WildDunes - 1 ($499k)
    • Daniel - 2 ($519k, $1M)
  • 14 James Island single family went homes under contract this past week LISTED from $185k - $479k. 2 over $400k. 3 under $200k. Median $332k, $188/sqft. 2 (14%) new construction.  
  • 7 Johns Island single family homes went under contract this past wk LISTED from $250k - $620k. Median $340k, $157/sqft. 0 new construction. LIST prices $250k, $260k, $315k, $340k, $439k, $459k, $620k.
  • 30 West Ashley single family homes went under contract this past week LISTED from $32k - $650k. 3 under $200k. 3 over $400k. 3 Shadowmoss. Median $273k, $148/sqft. 3 (10%) new construction. 
  • 26 North Charleston single family homes went under contract this past week LISTED from $40k - $300k. 5 under $100k. 12 over $200k. Median $194k, $117/sqft. 10 (38%) new construction. 7 Buckshire.
  • 39 Mt Pleasant single family homes went under contract this past week LISTED from $310k - $890k. 5 Park West. Median $482k, $199/sqft. 18 over $500k. 1 under $150/sqft.  5 (13%) new construction. 
  • 12 Peninsula Charleston single family homes went under contract this past week LISTED from $215k - $5.9M. 6 above $1.6M. Those 6 were all located South of Broad. Median $1.1M, $538/sqft. 7 south of crosstown. 
  • 46 Summerville/Ladson single family homes went under contract this past week LISTED from $61k - $419k. 8 Wescott. Median $200k, $107/sqft. 7 under $125k. 4 over $300k. 5 (11%) BANK OWNED FORECLOSURES or SHORT SALES. 2 new construction.
  • 55 Hanahan/Goose Creek/Moncks Corner single family homes went under contract this past week LISTED from $88k - $425k. 4 Longleaf. Median $200k, $102/sqft. 5 under $125k. 5 over $300k. 4 BANK OWNED FORECLOSURES or SHORT SALES. 4 new construction. 
  • 55 condo/townhomes went under contract this past week. 7 LISTED under $100k. 19 from $100k - $199k. 16 from $200k - $275k. 8 from $300k - $530k. 2 at $840k, $875k. 3 from $1.1M - $1.2M. 16 Mt P. 1 BANK OWNED FORECLOSURES or SHORT SALES. 3 new construction.

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