Kennedy Realty

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Charleston SC Real Estate Market - July 30, 2011

  • 191 residential properties under contract past wk continues strong home buying activity. Slightly weaker, but still strong.
  • 151 single family homes under contract past wk. Median LIST price $205k, $101/sqft. 5 over $1M. 35 under $125k.
  • 56(37%) of 151 single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
  • 29 island single family homes under contract past wk: James-10,Johns-5,Seabrk-3,Edisto-3,Sullivan-1,IOP-1,WildDunes-1,Daniel-5
  • 9(31%) of 29 island single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
  • 10 James Island single family homes under contract past wk LISTED from $125k-$339k. 8 of 10 under $250k. Median $214k
  • Johns Island single family homes under contract past wk. LIST prices $120k,$150k,$339k,$359k,$850k. $94-$163/sqft
  • Daniel Island single family homes under contract past wk. LIST prices $270k,$325k,$446k,$539,$1.4M
  • 2(40%) of 5 Daniel Island single family homes under contract past wk were SHORT SALES.
  • 14 West Ashley single family homes under contract past wk LISTED from $55k-$599k. 11 under $200k. Others $235k,$295k,$599k
  • 10 North Charleston single family homes under contract past wk. 5 LISTED under $70k. 4 from $105k-$176k. 1 at $260k
  • 29 Mt Pleasant single family homes under contract past wk. 4 LISTED under $200k. 4 over $800k. Median $336k, $143/sqft.
  • 9(31%) of 29 Mt Pleasant single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
  • peninsula Charleston single family homes under contract past wk LISTED from $46k-$3.5M. 5 under $280k.
  • 38 Summerville/Ladson single family homes under contract past wk LISTED from $45k-$550k. 2 over $300k. Median $165k, $85/sqft
  • 18(47%) of 38 Summerville/Ladson single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
  • 23 Hanahan/Gs Crk/Mnks Cnr single family homes under contract past wk. Median LIST price $135k, $83/sqft. None over $235k
  • 10(43%) of 23 Hanahan/Gs Crk/Mnks Cnr single family homes under contract past wk either BANK OWNED FORECLOSURES or SHORT SALES
  • 38 condo/twnhomes under contract past wk. 18 LISTED under $100k. 9 $100k-$190k. 7 $200k-$285k. Others $319k,$399k,$1.25M,$1.5M
  • 22(58%) of 38 condo/twnhomes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES. WOW!

(Source: trulia.com)