Charleston Real Estate Market Breakdown for February 26 - March 4, 2021

480 residential properties went under contract this past week.

386 single-family homes went under contract this past week. Median LIST price $365k,$183/sqft. 1 under $100k. 28 under $200k. 44 over $1M, 14 of those over $2M. Median 4 CDOM. Median Yr Blt 2003.

1 of 386 single-family homes that went under contract this past week was a BANK OWNED FORECLOSURES or SHORT SALES.  Another 13% new construction.  0 of 0 short sales in areas 31/32, 61-76

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

• James Island - 17
• Folly Beach - 2 ($785k, $2.1M)
• Johns Island - 16
• Kiawah Island - 3 ($1.6M, $1.65M, $2.8M)
• Edisto Island - 2 ($725k, $1.25M)
• Seabrook Island - 4 ($670k, $850k, $950k, $1.45M)
• IOP - 6 ($898k, $1.9M, $2M, $2.2M, $3.2M, $5.6M)
• Wild Dunes - 2 ($1.75M, $2.3M)
• Daniel Island - 8

8 Daniel Island single-family homes went under contract this past week. LISTED from $675k-$6.25M. Median $1M,$381/sqft. 2 new construction. 

17 James Island single-family homes went under contract this past week. LISTED from $285k-$799k. Median $439k,$248/sqft. 1 new construction. 0 under $200/sqft.

16 Johns Island single-family homes went under contract this past week. LISTED from $262k-$3.5M. 3 over $1M. Median $413k,$230/sqft.  0 new construction

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

38 North Charleston single-family homes went under contract this past week. LISTED from $99k-$415k. 4 under $175k. 7 over $300k.  Median $231k,$155/sqft.  3 new construction

51 Mt Pleasant single family homes went under contract this past week LISTED from $370k-$2.65M. 3 under $400k. 14 over $1M.  Median $693k,$263/sqft.  2 under $190/sqft. 5 new construction. 6 Carolina Park.

23 Peninsula Charleston single family homes went under contract this past week. LISTED from $235k-$3.8M. 4 under $300k. 7 over $1M. Median $745k,$445/sqft. 15 South of the crosstown. 7 South of Broad.

73 Summerville/Ladson single-family homes went under contract this past week. LISTED from $130k-$1.3M. 6 Mallard Crossing. 2 under $175k. 11 over $400k. Median $287k,$150/sqft.  6 new construction

104 Hanahan/Goose Creek/Moncks Corner single family homes went under contract this past week. LISTED from $179k-$631k. 32 Cane Bay. Median $315k,$150/sqft.  0 under $175k. 22 over $400k. 30(31%) new construction. 

88 condo/townhomes went under contract this past week. 0 LISTED under $100k. 15 from $100k-$199k. 40 from $200k-$299k. 21 from $300k-$499k. 11 from $500k-$999k. 1 at $1.2M.  18(20%) 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.