February 8, 2019 | Alan Donald
Analysis of residential properties that went under contract (Active Contingent) during the week of 2/1/19 to 2/7/19

  • 328 residential properties were placed under contract past week. Very strong for this time of the year.
  • 265 single family detached homes under contract past wk. Median LIST price $279k,$147/sqft. 4 under $100k. 9 over $1M, 2 of those over $2M. Median 22 CDOM. Median Yr Blt 1998
  • 9(3%) were BANK OWNED FORECLOSURES or SHORT SALES. Another 12% NEW CONSTRUCTION. 3 of 5 short sales in areas 31/32, 61-76
  • 47 island single family homes under contract past wk. James-18, Folly-4($595k,$599k,$819k,$1.5M), Johns-12, Wadmalaw-1 ($599k), Edisto-2 ($190k,$875k), Seabrook-2 ($329k,$735k), Sullivan-1($2.9M), IOP2 ($2M,$2M), WildDunes-1 ($800k), Daniel-4 ($575k,$675k,$1.25M,$1.9M) 
  • 18 James Island single family homes under contract past wk LISTED from $269k-$697k. 4 over $450k. 1 under $160/sqft. Median $350k,$206/sqft. 4(22%) new construction.
  • 12 Johns Island single family homes under contract past wk LISTED from $210k-$3.5M. 2 over $600k. 1 under $185/sqft. Median $363k,$184/sqft. 2(17%) new construction.
  • 28 West Ashley single family homes under contract past wk LISTED from $170k-$825k. 1 under $200k. 8 over $400k. 5 Grand Oaks. Median $322k,$172/sqft. 3(11%) new construction.
  • 25 North Chas single family homes under contract past wk LISTED from $115k-$310k. 3 under $150k. 5 over $250k. Median $210k,$140/sqft. 0 new construction. 4 Park Circle.
  • 26 Mt Pleasant single family homes under contract past wk LISTED from $330k-$995k. 6 Carolina Park. Median $465k,$188/sqft. 3 under $170/sqft. 5(19%) new construction.
  • 8 Peninsula Charleston single family homes under contract past wk LISTED from $260k-$1.65M. 1 under $435k. 1 over $1M. Median $500k,$337/sqft. 2 South of crosstown.
  • 62 Summerville/Ladson single family homes under contract past wk LISTED from $98k-$540k. 12 under $175k. 5 over $400k. Median $260k,$127/sqft. 5 McKewn. 2 BANK OWNED FORECLOSURES or SHORT SALES. 11(18%) new contruction.
  • 67 Hanahan/Gs Creek/Moncks Cnr single family homes under contract past week LISTED from $33k-$574k. 9 Cane Bay. Median $218k,$126/sqft. 8 under $150k. 10 over $300k. 4 BANK OWNED FORECLOSURES or SHORT SALES. 4 new construction.
  • 60 condo/townhomes under contract past wk. 0 LISTED under $100k. 25 from $100k-$199k. 19 from $200k-$299k. 9 from $300k-$499k. 5 from $500k-$855k. 2 at $1.4M,$1.6M. 0 BANK OWNED FORECLOSURES or SHORT SALES. 6 new construction.
Data Source: Charleston Real Estate Stats

To buy or sell a property in the Charleston, SC area, please call/text 843-900-0155. 

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