Analysis of residential properties going under contract(contingent) during week of 1/26/24-2/1/24

  • 304 residential properties under contract this past week.
  • 232 were single-family homes.
    • Median LIST price $459k, $244/sqft.
    • 9 under $250k.
    • 35 over $1M, 11 of those over $2M, 3 of those over $3M.
    • Median 25 CDOM. Median Yr Blt 2003
    • 5 of 232 single-family homes under contract in the past week BANK OWNED FORECLOSURES or SHORT SALES.
    • Another 14% new construction.
  • 30 island single-family homes under contract in the past week.
    • James Island-8
    • Folly Beach-1($699k)
    • Johns Island-9
    • Wadmalaw Island-1($1.3M)
    • Kiawah Island- 2($2.5M,$2.7M)
    • Edisto Island-3($899k,$1.4M,$1.6M)
    • Seabrook Island-1($1.2M)
    • Isle of Palms (IOP)-1($3.4M)
    • WildDunes-2($1.4M,$2.7M)
    • Daniel Island-2($2.8M,$3M)
  • 8 James Island single-family homes went under contract this past week. LISTED from $539k-$2.6M. 2 over $1M. Median $743k,$343/sqft. 1 under $300/sqft. 2 new construction.
  • 9 Johns Island single-family homes went under contract in the past week. LISTED from $440k-$3.5M. 1 over $1M. Median $635k,$348/sqft. 0 under $240/sqft. 0 new construction
  • 23 West Ashley single-family homes under contract past week LISTED from $315k-$1.2M. 1 over $1M. Median $500k,$273/sqft. 2 new construction
  • 27 North Chas single-family homes under contract past week LISTED from $225k-$935k. Median $340k,$275/sqft. 1 new construction. 5 Park Circle
  • 27 Mt Pleasant single-family homes under contract past week LISTED from $575k-$3.5M. 15 over $1M. Median $1.2M,$421/sqft. 1 under $300/sqft. 1 new construction. 4 Belle Hall, 4 Park West
  • 8 Peninsula Charleston single-family homes under contract past week LISTED from $600k-$2M. Median $1M,$541/sqft. 4 south of the crosstown
  • 45 Summerville/Ladson single-family homes under contract past week LISTED from $150k-$740k. 3 under $250k. 7 over $500k. Median $365k,$193/sqft. 4 Summers Corner. 6 new construction
  • 66 Hanahan/Goose Creek/Moncks Corner single-family homes under contract past week LISTED from $199k-$999k. 15 Cane Bay. Median $381k,$200/sqft. 4 under $250k. 9 over $500k. 19 new construction
  • 67 condo/townhomes under contract in the past week. 4 LISTED under $200k. 16 from $200k-$299k. 24 from $300k-$499k. 16 from $500k-$999k. 7 from $1.1M-$2.75M. 8 new construction