Quick Take on Charleston Real Estate – RESIDENTIALLY SPEAKING – As o9/25/14 by Seay Development.  How does your hood rank?

Analysis of residential properties going under contract(contingent) during week of 9/19/14-9/25/14

  • 255 residential properties under contract past week. Very strong for this time of year.
  • 212 single family homes under contract past wk. Median LIST price $223k,$110/sqft.  16 under $100k. 10 over $1M. Median 52 CDOM. Median Yr Blt 1997
  • 29(14%) of 212 single family homes under contract past wk BANK OWNED FORECLOSURES or SHORT SALES.  Another 14% new construction.  5 of 12 short sales in areas 31/32, 61-76
  • 27 island single family homes under contract past wk. James-10,Folly-2($326k,$995k),Johns-7($159k,$220k,$270k,$375k,$409k,$519k,$749k),Kiawah-1($1.2M),Seabrook-2($600k,$1.4M),WildDunes-1($1.2M),Dan-4($495k,$585k,$608k,$2.3M)
  • 10 James Island single family homes under contract past wk LISTED from $90k-$625k. 2 below $200k. 1 above $300k. Median $248k,$137/sqft. 2(20%) BANK FORECLOSURES or SHORT SALES. 1 new construction.
  • 26 West Ashley single family homes under contract past wk LISTED from $50k-$795k. 8 under $175k. 3 above $300k. Median $227k,$116/sqft. 5(19%) BANK FORECLOSURES or SHORT SALES.  1 new construction.
  • 20 North Chas single family homes under contract past wk LISTED from $58k-$525k. 2 under $100k. 7 above $200k. Median $180k,$94/sqft. 2(10%) BANK FORECLOSURES or SHORT SALES. 7(35%) new construction
  • 27 Mt Pleasant single family homes under contract past wk LISTED from $270k-$899k.  4 Rivertowne. Median $475k,$186/sqft.  12 over $500k. 1 under $150/sqft. 2(7%) BANK OWNED FORECLOSURES or SHORT SALES. 4(15%) new construction.
  • 11 Peninsula Charleston single family homes under contract past wk LISTED from $105k-$5.5M. 4 over $400, all of which were over $2M.  5 south of crosstown.
  • 49 Summerville/Ladson single family homes under contract past wk LISTED from $46k-$400k. 6 Wescott. Median $173k,$95/sqft.  5 under $100k. 10 over $300k. 9(18%) BANK OWNED FORECLOSURES or SHORT SALES. 5(10%) new construction.
  • 45 Hanahan/Gs Creek/Moncks Cnr single family homes under contract past week LISTED from $47k-$389k. Median $170k,$93/sqft. 6 below $100k. 3 above $300k. 6(13%) BANK OWNED FORECLOSURES or SHORT SALES. 6(13%) new construction.
  • 39 condo/townhomes under contract past wk. 5 LISTED under $100k. 18 from $100k-$200k. 5 from $205k-$299k. 8 from $315k-$479k. 3 from $539k-$680k. 10 Mt Pleasant.  5(13%) BANK OWNED FORECLOSURES or SHORT SALES. 3(8%) 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.

 

PDF of this activity here:

Charleston Residential Real Estate Activity as of 9-25-14 by David Seay of Seay Development Real Estate

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