Awendaw home prices fall in the third quarter of 2017

Awendaw home prices fall in the third quarter of 2017
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The median sale price of a home sold in the third quarter of 2017 in Awendaw fell by $265,000 while total sales decreased by 57.1%, according to BlockShopper.com.

From July through September of 2017, there were three homes sold, with a median sale price of $310,000 – a 46.1% decrease over the $575,000 median sale price for the same period of the previous year. There were seven homes sold in Awendaw in the third quarter of 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 the third quarter of 2017.

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

City July – Sept. 2017 Home Sales July – Sept. 2016 Home Sales % change (Total Home Sales) July – Sept. 2017 Median Sales Price July – Sept. 2016 Median Sales Price % change (Median Sales Price)
Mount Pleasant 422 601 -29.8% $419,875 $369,500 13.6%
Ashley Forest 3 3 0% $395,000 $343,000 15.2%
Hollywood 9 16 -43.8% $390,000 $253,750 53.7%
Whitehall Terrace 1 2 -50% $355,000 $392,250 -9.5%
Riverland Terrace 3 8 -62.5% $349,900 $402,500 -13.1%
Awendaw 3 7 -57.1% $310,000 $575,000 -46.1%
Landsdowne 2 3 -33.3% $299,500 $305,000 -1.8%
James Island 35 67 -47.8% $284,000 $275,000 3.3%
Laurel Park 3 6 -50% $280,000 $297,250 -5.8%
Charleston 556 974 -42.9% $275,000 $265,000 3.8%
Forest Lakes 4 0 $270,000 $0


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