Charleston Real Estate Market Breakdown for February 19-25, 2021

433 residential properties went under contract this past week in the Charleston area.

323 single-family homes went under contract this past week. Median LIST price $370k,$179/sqft. 0 under $100k. 18 under $200k. 38 over $1M, 17 of those over $2M. Median 5 CDOM. Median Yr Blt 2004

2 of the 323 single-family homes that went under contract this past week were BANK OWNED FORECLOSURES or SHORT SALES.  Another 16% new construction.  1 of 2 short sales in areas 31/32, 61-76

52 island single-family homes went under contract this past week.

• James Island - 9
• Folly Beach - 6 ($689k, $975k, $1.2M, $1.7M, $2.1M, $2.1M)
• Johns Island - 11
• Wadmalaw Island - 1 ($600k)
• Kiawah - 5 ($1.25M, $2.4M, $3.06M, $3.2M, $7.85M)
• Edisto - 5 ($526k, $785k, $899k, $1.3M, $1.6M)
• Seabrook - 3 ($479k, $489k, $2M)
• Sullivan - 2 ($1.4M, $4.2M)
• Isle Of Palms - 2 ($1.9M, $2.1M)
• Wild Dunes - 3 ($759k, $1.95M, $2.2M)
• Dewees - 1 ($594k)
• Daniel Island - 3 ($1.7M, $2.3M, $2.5M)

9 James Island single-family homes went under contract this past week. LISTED from $290k-$800k. Median $415k,$242/sqft. 1 new construction. 2 under $225/sqft.

11 Johns Island single-family homes went under contract this past week. LISTED from $100k-$7.75M. Median $494k,$253/sqft.  1 new construction

28 West Ashley single-family homes went under contract this past week. LISTED from $218k-$1.25M. 9 over $500k. Median $367k,$211/sqft.  1 new construction. 

22 North Charleston single-family homes went under contract this past week. LISTED from $139k-$425k. 4 under $200k. 4 over $300k.  Median $226k,$160/sqft.  0 new construction. 4 Park Circle.

43 Mt Pleasant single-family homes went under contract this past week. LISTED from $310k-$2.1M. 3 under $400k. 7 over $1M.  Median $640k,$253/sqft.  3 under $195/sqft. 5 new construction. 6 Dunes West.

17 Peninsula Charleston single-family homes went under contract this past week. LISTED from $360k-$2.9M. 4 under $500k. 6 over $1M. Median $815k,$371/sqft. 10 South of the crosstown. 6 South of Broad.

66 Summerville/Ladson single-family homes went under contract this past week. LISTED from $140k-$650k. 8 Wescott. 2 under $175k. 9 over $400k. Median $303k,$147/sqft.  8 new construction.

88 Hanahan/Goose Creek/Moncks Corner single-family homes went under contract this past week. LISTED from $140k-$626k. 32 Cane Bay. Median $307k,$148/sqft.  5 under $175k. 14 over $400k. 29(33%) new construction.

102 condo/townhomes went under contract this past week. 3 LISTED under $100k. 25 from $100k-$199k. 40 from $200k-$299k. 17 from $300k-$499k. 14 from $500k-$999k. 3 from $1.15M-$2.5M.  16(16%) new construction.

If you have questions about the value of your home or any real estate questions, please do not hesitate to reach out!  Call or text us anytime.