Charleston home prices fall in April 2018

Charleston home prices fall in April 2018
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The median sale price of a home sold in April 2018 in Charleston fell by $7,500 while total sales increased by 26.6%, according to BlockShopper.com.

In April 2018, there were 252 homes sold, with a median sale price of $285,000 – a 2.6% decrease over the $292,500 median sale price for the same period of the previous year. There were 199 homes sold in Charleston in April 2017.

The median sales tax in Charleston for the most recent year with available data, 2015, was $1,430, approximately 0.5% of the median home sale price for April 2018.

The following table compares Charleston to other Charleston County cities with similar median sales prices in April 2018:

City Apr. 2018 Home Sales Apr. 2017 Home Sales % change (Total Home Sales) Apr. 2018 Median Sales Price Apr. 2017 Median Sales Price % change (Median Sales Price)
Chesterfield 1 0 $360,000 $0
Capri Isles 1 0 $350,000 $0
James Island 21 19 10.5% $312,000 $280,000 11.4%
Forest Lakes 1 0 $299,900 $0
Whitehall Terrace 2 1 100% $286,250 $225,000 27.2%
Charleston 252 199 26.6% $285,000 $292,500 -2.6%
Hollywood 3 1 200% $269,000 $131,500 104.6%
Drayton 2 1 100% $262,500 $174,000 50.9%
Landsdowne 2 0 $232,636 $0
Plantation Estates 3 1 200% $232,000 $198,000 17.2%
Ponderosa 1 2 -50% $229,900 $226,500 1.5%


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