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The Boerman Group's Weekly Market Insights

Friday, February 02, 2018   /   by Kim Boerman

The Boerman Group's Weekly Market Insights

Weekly Real Estate Market Update from January 29th The Boerman Real Estate Group 

Analysis of residential properties going under contract (contingent) during week of 1/26/18-2/1/18

Featured listing of the week!

343 residential properties under contract past week. 

268 single family homes under contract past week.

Median LIST price $294,000 at $141/sqft.

5 under $100k. 9 over $1M, 4 of those over $2M.

Median 26 CDOM.

Median Year Built 1998

7(3%) of 268 single family homes under contract past week BANK OWNED FORECLOSURES or SHORT SALES. Another 14% new construction.

46 island single family homes under contract past week. James Island -14, Folly-2($1.05M,$1.1M), Johns Island-18, Kiawah-1 ($650k), Edisto-4($379k,$640k,$660k,$1.2M), Isle of Palms-4 ($598k,$735k,$2.25M,$4.2M), Wild Dunes-2 ($799k,$1.6M), Daniel Island-1 ($700k)

14 James Island single family homes under contract past week LISTED from $160k-$588k. 1 under $250k. Median $342k,$197/sqft. 1 under $175/sqft. 3(21%) new construction.

18 Johns Island single family homes under contract past week LISTED from $145k-$650k. 1 under $200k. 1 over $375k. 10 Fenwick Hills. Median $304k,$142/sqft. 10(56%) new construction.

37 West Ashley single family homes under contract past week LISTED from $110k-$635k. 3 under $200k. 10 over $400k. 4 Shadowmoss. Median $300k,$172/sqft. 6(16%) new construction.

18 North Chas single family homes under contract past week LISTED from $60k-$330k. 4 Park Circle. Median $237k,$129/sqft. 2 under $100k. 3(17%) new construction.

32 Mt Pleasant single family homes under contract past week
LISTED from $270k-$1.1M. 1 over $800k. 4 Park West. Median $500k,$219/sqft. 3 under $160/sqft. 5(16%) new construction.

10 Peninsula Charleston single family homes under contract past week LISTED from $40k-$3.4M. 2 over $1M. 2 under $300k. Median $365k,$374/sqft. 6 south of crosstown.

65 Summerville/Ladson single family homes under contract past week LISTED from $50k-$575k. 3 under $125k. 11 over $350k. Median $230k,$114/sqft. 6 Coosaw Preserve, 6 Wescott. 1 BANK OWNED FORECLOSURES or SHORT SALES. 8(12%) new construction

57 Hanahan/Goose Creek/Moncks Corner single family homes under contract past week LISTED from $95k-$397k. 5 Sangaree. Median $219k,$119/sqft. 2 under $125k. 8 over $300k. 1 BANK OWNED FORECLOSURES or SHORT SALES. 2 new construction.

70 condo/townhomes under contract past wk. 4 LISTED under $100k. 33 from $100k-$199k. 15 from $200k-$299k. 13 from $300k-$499k. 5 from $500k-$820k.

0 BANK OWNED FORECLOSURES or SHORT SALES. 6 new construction.


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