Great Home Buying Activity Continues In Charleston

Dated: 09/04/2013

Views: 1307

Great home buying activity continues in Charleston, particularly in the areas of James Island, Johns Island, West Ashley and Mt. Pleasant.  258 residential properties in the Charleston Tri-County area went under contract the week of 8/23/13-8/29/13. 14 of those were over $1,000,000!  Prices are continuing to increase in James Island, Johns Island, West Ashley, and Mt. Pleasant.  

James Island
13 James Island single family homes went under contract this past week.  Listing price from $160k-$1.3M. Median price $325,000. Average price per square foot $164.  Only one home under $225,000 and one above $450,000. Three homes under $140/sqft.  Three were foreclosures or short sales and one new construction.
John's Island
7 John's Island single family homes went under contract this past week.  Listing price from $150k-$895k. Only 1 under $315,000. 5 homes listed above $145/sqft.  Only one foreclosure/ short sale and one new construction.

West Ashley
26 West Ashley single family homes went under contract this past week.  Listing price from $99k-$3.5M. The median listing price was $234,000 at $124/sqft. 8 homes were listed above $300,000.   7 homes were foreclosure or short sale and 1 new construction.

Mt. Pleasant
38 Mt. Pleasant single family homes went under contract this past week.  Listing price ranged from $162k-$2.8M. 5 homes in Park West. Median listing price $397,000 at $171/sqft.  Only 2 homes under $200,000 and 9 over $500,000.  Only 2 homes were foreclosures or short sales and 1 new construction.
Don't wait too long and get priced out of your area.  Give me a call today!
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Hunter Reynolds

Hunter Reynolds is a full-time Realtor with Keller Williams Realty in Charleston, South Carolina and is Foreclosure and Short Sale Certified. He specializes in residential properties in Charleston, SC....

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