Here’s the Skinny on Charleston Real Estate – RESIDENTIALLY SPEAKING – As o9/11/14 by Seay Development.  How does your hood rank?

Seay Development Residential Update for Charleston Metro Area as of 9-11-14
How does your hood rank? Seay Development Residential Update for Charleston Metro Area as of 9-11-14

Analysis of residential properties going under contract(contingent) during week of 9/5/14-9/11/14

  • 312 residential properties under contract past week. Wow, that was unexpected!
  • 233 single family homes under contract past wk. Median LIST price $223k,$111/sqft.  20 under $100k. 7 over $1M. Median 48 CDOM. Median Yr Blt 2000
  • 27(12%) of 233 single family homes under contract past wk BANK OWNED FORECLOSURES or SHORT SALES.  Another 12% new construction.  8 of 14 short sales in areas 31/32, 61-76
  • 33 island single family homes under contract past wk. James-13,Folly-2($360k,$875k),Johns-7,Edisto-2($330k,$469k),Sullivan-1($1.1M),IOP-5($399k,$469k,$585k,$675k,$5.4M),Dan-3($715k,$819k,$1.6M)
  • 13 James Island single family homes under contract past wk LISTED from $59k-$649k. 2 below $200k. 2 above $350k. Median $270k,$151/sqft. 0 BANK FORECLOSURES or SHORT SALES. 1 new construction.
  • 7 Johns Island single family homes under contract past wk LISTED from $94k-$430k. 2 below $200k. 2 above $400k. Median $236k,$125/sqft. 1(14%) BANK FORECLOSURES or SHORT SALES. 2(29%) new construction.
  • 23 West Ashley single family homes under contract past wk LISTED from $60k-$599k. 4 Grand Oaks. 6 under $175k. 4 above $300k. Median $220k,$122/sqft. 5(22%) BANK FORECLOSURES or SHORT SALES. 0 new construction.
  • 16 North Chas single family homes under contract past wk LISTED from $22k-$189k. 6 under $100k.  Median $115k,$73/sqft. 4(25%) BANK FORECLOSURES or SHORT SALES. 3(19%) new construction
  • 37 Mt Pleasant single family homes under contract past wk LISTED from $240k-$1.1M.  5 Park West, 4 Belle Hall. Median $460k,$180/sqft.  12 over $500k. 6 under $150/sqft. 1 BANK OWNED FORECLOSURES or SHORT SALES. 6(16%) new construction.
  • 10 Peninsula Charleston single family homes under contract past wk LISTED from $180k-$2.65M. 5 below $370k. 5 above $600k. 5 south of crosstown.
  • 59 Summerville/Ladson single family homes under contract past wk LISTED from $75k-$585k. 7 Wescott. Median $168k,$93/sqft.  6 under $100k. 4 over $300k. 7(12%) BANK OWNED FORECLOSURES or SHORT SALES. 1 new construction.
  • 51 Hanahan/Gs Creek/Moncks Cnr single family homes under contract past week LISTED from $35k-$389k. 4 Crowfield. Median $176k,$98/sqft. 5 below $100k. 2 above $300k. 6(12%) BANK OWNED FORECLOSURES or SHORT SALES. 11(22%) new construction.
  • 67 condo/townhomes under contract past wk. 13 LISTED under $100k. 27 from $100k-$200k. 11 from $210k-$3000k. 10 from $310k-$500k. 6 from $700k-$2.2M. 10 James Island.  9(14%) BANK OWNED FORECLOSURES or SHORT SALES. 8(12%) new construction.

All properties can be viewed at http://www.seaydevelopment.idxbroker.com/idx/featured or at http://www.SeayDevelopment.com

You can also search both Commercial and Residential Real Estate for Sale at http://www.SeayDevelopment.com

Seay Development… Striving for Excellence Daily.  My clients expect exposure… I make sure they get it.  Commercial & Residential Real Estate and Business Brokerage Services.

Free REALTOR Home Valuations if you text (843-364-6720) or email (david@seaydevelopment.com) your property address.

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