The median sale price of a home sold in August 2018 in Charleston rose by $55,000 while total sales increased by 10.8%, according to BlockShopper.com.
In August 2018, there were 174 homes sold, with a median sale price of $320,000 – a 20.8% increase over the $265,000 median sale price for the same period of the previous year. There were 157 homes sold in Charleston in August 2017.
The median sales tax in Charleston for the most recent year with available data, 2015, was $1,430, approximately 0.4% of the median home sale price for August 2018.
The following table compares Charleston to other Charleston County cities with similar median sales prices in August 2018:
| City | Aug. 2018 Home Sales | Aug. 2017 Home Sales | % change (Total Home Sales) | Aug. 2018 Median Sales Price | Aug. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mount Pleasant | 149 | 113 | 31.9% | $417,000 | $455,000 | -8.4% |
| Whitehall Terrace | 2 | 0 | – | $397,450 | $0 | – |
| Ravenel | 2 | 0 | – | $395,500 | $0 | – |
| Riverland Terrace | 5 | 1 | 400% | $347,000 | $315,000 | 10.2% |
| Edisto Island | 1 | 3 | -66.7% | $339,000 | $249,000 | 36.1% |
| Charleston | 174 | 157 | 10.8% | $320,000 | $265,000 | 20.8% |
| Long Branch Estates | 1 | 0 | – | $310,000 | $0 | – |
| Chesterfield | 1 | 1 | 0% | $301,500 | $255,000 | 18.2% |
| James Island | 13 | 10 | 30% | $285,000 | $294,500 | -3.2% |
| Drayton | 1 | 1 | 0% | $285,000 | $220,000 | 29.5% |
| Hollywood | 2 | 4 | -50% | $258,500 | $382,125 | -32.4% |
