Ashley Forest home prices fall in the first quarter of 2018

Ashley Forest home prices fall in the first quarter of 2018
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The median sale price of a home sold in the first quarter of 2018 in Ashley Forest fell by $25,000 while total sales decreased by 60%, according to BlockShopper.com.

From January through March of 2018, there were two homes sold, with a median sale price of $410,000 – a 5.7% decrease over the $435,000 median sale price for the same period of the previous year. There were five homes sold in Ashley Forest in the first quarter of 2017.

The median sales tax in Ashley Forest for the most recent year with available data, 2015, was $1,529, approximately 0.4% of the median home sale price for the first quarter of 2018.

The following table compares Ashley Forest to other Charleston County cities with similar median sales prices in the first quarter of 2018:

City Jan. – Mar. 2018 Home Sales Jan. – Mar. 2017 Home Sales % change (Total Home Sales) Jan. – Mar. 2018 Median Sales Price Jan. – Mar. 2017 Median Sales Price % change (Median Sales Price)
Isle of Palms 56 70 -20% $918,750 $677,500 35.6%
Kiawah Island 33 35 -5.7% $875,000 $694,000 26.1%
Secessionville Acres 1 2 -50% $680,807 $193,000 252.7%
Folly Beach 15 22 -31.8% $660,000 $524,250 25.9%
Edisto Island 2 4 -50% $447,500 $265,681 68.4%
Ashley Forest 2 5 -60% $410,000 $435,000 -5.7%
Mount Pleasant 346 397 -12.8% $405,500 $385,000 5.3%
Forest Lakes 1 1 0% $395,000 $230,000 71.7%
Laurel Park 1 1 0% $370,000 $330,000 12.1%
Riverland Terrace 4 4 0% $308,500 $265,750 16.1%
Charleston 512 579 -11.6% $296,500 $277,000 7%


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