Awendaw home prices fall in 2017

Awendaw home prices fall in 2017
0Comments

The median sale price of a home sold in 2017 in Awendaw fell by $27,500 while total sales decreased by 38.5%, according to BlockShopper.com.

From January through December of 2017, there were eight homes sold, with a median sale price of $292,500 – a 8.6% decrease over the $320,000 median sale price for the previous year. There were 13 homes sold in Awendaw in 2016.

The median sales tax in Awendaw for the most recent year with available data, 2015, was $993, approximately 0.3% of the median home sale price for 2017.

The following table compares Awendaw to other Charleston County cities with similar median sales prices in 2017:

City Jan. – Dec. 2017 Home Sales Jan. – Dec. 2016 Home Sales % change (Total Home Sales) Jan. – Dec. 2017 Median Sales Price Jan. – Dec. 2016 Median Sales Price % change (Median Sales Price)
Edgewater Park 7 3 133.3% $400,000 $360,000 11.1%
Meggett 18 15 20% $367,500 $339,000 8.4%
Riverland Terrace 16 27 -40.7% $320,000 $310,000 3.2%
Edisto Island 30 34 -11.8% $307,500 $261,130 17.8%
McClellanville 21 34 -38.2% $307,000 $234,750 30.8%
Awendaw 8 13 -38.5% $292,500 $320,000 -8.6%
James Island 193 274 -29.6% $284,000 $260,000 9.2%
Charleston 2,302 3,258 -29.3% $282,000 $260,000 8.5%
Laurel Park 7 16 -56.3% $275,000 $321,000 -14.3%
Landsdowne 10 8 25% $269,900 $245,000 10.2%
Secessionville Acres 8 9 -11.1% $260,450 $245,000 6.3%


Related

Mark McMillan, Owner, President and CEO

Advance Land and Timber outlines key questions for touring affordable South Carolina property

Advance Land and Timber has issued advice for those interested in purchasing low-cost properties in South Carolina. The company stresses careful evaluation during tours regarding access rights, utilities availability,and boundary clarity—helping ensure informed decisions.

Mark McMillan, Owner, President and CEO

South Carolina cheap acreage draws investor interest amid changing land use trends

Investor demand for affordable rural land is rising across South Carolina due to population growth trends. Advance Land And Timber reports increased interest driven by factors such as recreation potential and timber value. Experts say proper marketing helps sellers connect with motivated buyers.

Rental vacancies in South Carolina down 1.1 percent from 2019 to 2020

Rental vacancies in South Carolina down 1.1 percent from 2019 to 2020

Rental vacancies in South Carolina were 9.7 percent in 2020, a decrease of 1.1 percent from the previous year, according to the U.S. Census Bureau report.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Palmetto State News.