Charleston Charleston is HOT, Baby! Residential Real Estate Update – Fast Break Residential Real Estate Stats by Seay Development.

Seay Development Real Estate & Business Brokerage 843-364-6720
Seay Development Real Estate & Business Brokerage 843-364-6720

Analysis of residential properties going under contract(contingent) during week of 1/23/15-1/29/15

  • 333 residential properties under contract past week. WOW!!
  • 269 single family homes under contract past wk. Median LIST price $242k,$124/sqft.  23 under $100k. 7 over $1M. Median 39 CDOM. Median Yr Blt 1998
  • 26(10%) of 269 single family homes under contract past wk BANK OWNED FORECLOSURES or SHORT SALES.  Another 12% new construction.  6 of 8 short sales in areas 31/32, 61-76
  • 52 island single family homes under contract past wk. James-21,Folly-2($250k,$795k),Johns-9,Kiawah-1($599k),Edisto-2($389k,$639k),IOP-4($595k,$875k,$900k,1.6M),WildDunes-1($1.5M),Dan-12
  • 21 James Island single family homes under contract past wk LISTED from $179k-$680k.  Median $260k,$162/sqft. 3 below $200k. 6 over $400k. 3(14%) BANK FORECLOSURES or SHORT SALES. 1(5%) new construction.
  • 9 Johns Island single family homes under contract past wk LISTED from $129k-$569k.  Median $376k,$185/sqft. 1 below $200k. 2 over $500k. 0 BANK FORECLOSURES or SHORT SALES. 3(33%) new construction.
  • 27 West Ashley single family homes under contract past wk LISTED from $33k-$599k. 3 Shadowmoss. 7 under $175k. 2 above $400k. Median $239k,$132/sqft. 4(15%) BANK FORECLOSURES or SHORT SALES.  1(4%) new construction.
  • 23 North Chas single family homes under contract past wk LISTED from $10k-$269k. 6 under $100k. 3 over $200k. Median $145k,$95/sqft. 2(9%) BANK FORECLOSURES or SHORT SALES. 1(4%) new construction
  • 42 Mt Pleasant single family homes under contract past wk LISTED from $230k-$2M. Median $470k,$180/sqft. 17 over $500k. 1 under $150/sqft. 2(5%) BANK OWNED FORECLOSURES or SHORT SALES. 8(19%) new construction.
  • 12 Peninsula Charleston single family homes under contract past wk LISTED from $150k-$3.3M. 3 under $200k. 2 over $500k. Median $399k,$246/sqft. 5 south of crosstown.
  • 49 Summerville/Ladson single family homes under contract past wk LISTED from $54k-$324k. Median $190k,$97/sqft. 6 under $100k. 3 over $275k. 2(4%) BANK OWNED FORECLOSURES or SHORT SALES. 3(6%) new construction.
  • 57 Hanahan/Gs Creek/Moncks Cnr single family homes under contract past week LISTED from $50k-$425k. 6 Crowfield.  Median $170k,$97/sqft. 8 below $100k. 3 above $300k. 9(16%) BANK OWNED FORECLOSURES or SHORT SALES. 11(19%) new construction.
  • 12 Daniel Island single family homes under contract past wk LISTED from $525k-$1.2M.  Median $750k,$252/sqft. 3 over $1M. 0 BANK FORECLOSURES or SHORT SALES. 2(17%) new construction.
  • 54 condo/townhomes under contract past wk. 9 LISTED under $100k. 27 from $100k-$200k. 4 from $215k-$250k. 7 from $300k-$400k. 5 from $525k-$690k. 2 at $1.1M,$1.6M. 16 Mt Pleasant. 5(9%) BANK OWNED FORECLOSURES or SHORT SALES. 6(11%) new construction.

I have two great residential properties that I am promoting this week.  One is in I’On (Video Follows) and one is in Dunes West and is a very nice Townhouse with a Tenant in Place until November.  Follow the link below to see more.  Also, I have a great residential/commercial investment property in Shelmore Village (See below).

87 Latitude in Award Winning I’On – $1,525,000 Home in Mount Pleasant SC 29464

This Tour is amazing and explains and shows you this property in detail.

 

732 S. Shelmore (Fully Occupied Investment)

https://seaydevelopment.com/2150-sqft-of-worklive-2-3br-space-in-hot-shelmore-village-for-sale-459900-in-mount-pleasant-south-carolina-29464/

2389 Kings Gate Ln (Dunes West)… this could also be considered a short term investment.

http://www.seaydevelopment.idxbroker.com/idx/details/listing/b051/1425051/2389-Kings-Gate-Lane

 

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.

#Hustle4Ever

 

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