Awendaw home prices fall in the first half of 2018

Awendaw home prices fall in the first half of 2018
0Comments

The median sale price of a home sold in the first half of 2018 in Awendaw fell by $98,400 while total sales increased by 25%, according to BlockShopper.com.

From January through June of 2018, there were five homes sold, with a median sale price of $236,600 – a 29.4% decrease over the $335,000 median sale price for the same period of the previous year. There were four homes sold in Awendaw in the first half of 2017.

The median sales tax in Awendaw for the most recent year with available data, 2015, was $993, approximately 0.4% of the median home sale price for the first half of 2018.

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

City Jan. – June 2018 Home Sales Jan. – June 2017 Home Sales % change (Total Home Sales) Jan. – June 2018 Median Sales Price Jan. – June 2017 Median Sales Price % change (Median Sales Price)
James Island 94 128 -26.6% $288,600 $278,000 3.8%
Chesterfield 2 2 0% $275,000 $287,500 -4.3%
Hollywood 23 23 0% $262,500 $259,900 1%
Drayton 7 6 16.7% $260,000 $209,500 24.1%
McClellanville 9 12 -25% $259,950 $303,000 -14.2%
Awendaw 5 4 25% $236,600 $335,000 -29.4%
Landsdowne 8 5 60% $232,636 $245,000 -5%
Plantation Estates 3 8 -62.5% $232,000 $197,970 17.2%
Ponderosa 5 11 -54.5% $219,000 $132,000 65.9%
Whitehall Terrace 6 1 500% $217,500 $225,000 -3.3%
Summerville 28 30 -6.7% $192,500 $187,250 2.8%


Related

Aaron Graham, Acting CEO and Managing Member of National Land Realty LLC

Land broker offers advice on protecting property from land fraud schemes

Land broker Jeramy Stephens discussed warning signs of potential land fraud during an RFD-TV interview on May 27. He advised contacting professionals if suspicious activity arises and outlined typical red flags for property owners.

Aaron Graham, Acting CEO and Managing Member of National Land Realty LLC

South Carolina land market faces inventory shortage as buyers compete for limited acreage

The South Carolina land market is seeing record-low inventory as off-market deals decline. Buyers face increased competition while owners may benefit from rising valuations. National Land Realty reports expanded operations supporting these trends.

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.

Trending

The Weekly Newsletter

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