Randy Espeseth
Carolina Elite Real Estate 8437431025

Analysis of residential properties going under contract(contingent) during week of 9/11/20-9/17/20

  • 450 residential properties under contract past wk. Awesome.  But we are starting to see a small slow down for the autumn. 
  • 355 single family homes under contract past wk. Median LIST price $330k,$166/sqft. 0 under $100k. 34 over $1M, 9 of those over $2M. Median 12 CDOM. Median Yr Blt 2002
  • 4(1%) of 355 single family homes under contract past wk BANK OWNED FORECLOSURES or SHORT SALES.  Another 7% new construction.  2 of 2 short sales in areas 31/32, 61-76
  • 69 island single family homes under contract past wk. James-20,Folly-2($749k,$1.1M),Johns-11,Wadmalaw-1($876k),Kiawah-4($920k,$970k,$1.3M,$2.7M),Edisto-7($325k,$530k,$739k,$750k,$770k,$849k,$2.1M),Seabrook-2($429k,$1.6M),Sullivan-2($1.7M,$1.75M),IOP-2($700k,$825k),WildDunes-9,Dewees-1($1.2M),Daniel-8
  • 9 Wild Dunes single family homes under contract past wk LISTED from $669k-$2.9M. 3 over $2M. Median $999k,$431/sqft. 1 under $400/sqft. 0 new construction
  • 8 Daniel  single family homes under contract past wk LISTED from $690k-$3.35M. 3 over $1M.  Median $909k,$278/sqft.  0 new construction.  
  • 20 James Island single family homes under contract past wk LISTED from $240k-$5.5M. 2 under $300k. 6 over $500k. Median $390k,$258/sqft. 1 under $190/sqft. 0 new construction. 4 Riverland Terrace
  • 11 Johns Island single family homes under contract past wk LISTED from $315k-$714k. Median $420k,$180/sqft.  2(18%) new construction
  • 39 West Ashley single family homes under contract past wk LISTED from $225k-$1.65M. 7 over $500k. Median $345k,$179/sqft.  0 new construction.  4 Carolina Bay
  • 32 North Chas single family homes under contract past wk LISTED from $137k-$440k. 1 under $150k. 4 over $300k.  Median $235k,$139/sqft.  1 new construction. 4 Lakes of Summerville
  • 47 Mt Pleasant single family homes under contract past wk LISTED from $299k-$2.75M. 4 under $350k. 9 over $1M.  Median $650k,$231/sqft.  3 under $190/sqft. 4 new construction. 7 Dunes West.
  • 6 Peninsula Charleston single family homes under contract past week LISTED from $495k-$5.25M. 3 over $1M. Median $870k,$377/sqft. 4 South of the crosstown
  • 71 Summerville/Ladson single family homes under contract past wk LISTED from $169k-$880k. 1 under $175k. 9 over $400k. Median $280k,$133/sqft.  2 BANK OWNED FORECLOSURES or SHORT SALES. 3 new construction. 4 Drakesborough
  • 86 Hanahan/Gs Creek/Moncks Cnr single family homes under contract past week LISTED from $149k-$543k. 12 Cane Bay. Median $267k,$142/sqft.  3 under $175k. 8 over $400k. 0 BANK OWNED FORECLOSURES or SHORT SALES. 14(16%) new construc
  • 86 condo/townhomes under contract past wk. 1 LISTED under $100k. 29 from $100k-$199k. 27 from $200k-$299k. 17 from $300k-$499k. 9 from $500k-$795k. 3 from $939k-$1.6M. 1 BANK OWNED FORECLOSURES or SHORT SALES. 10(12%) new construction