Charleston home prices rise in June 2017

Charleston home prices rise in June 2017
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The median sale price of a home sold in June 2017 in Charleston rose by $36,000 while total sales decreased by 27%, according to BlockShopper.com.

In June 2017, there were 287 homes sold, with a median sale price of $290,000 – a 14.2% increase over the $254,000 median sale price for the same period of the previous year. There were 393 homes sold in Charleston in June 2016.

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 June 2017.

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

City June 2017 Home Sales June 2016 Home Sales % change (Total Home Sales) June 2017 Median Sales Price June 2016 Median Sales Price % change (Median Sales Price)
Landsdowne 1 2 -50% $372,500 $180,000 106.9%
Ashley Forest 1 0 $340,000 $0
Riverland Terrace 1 3 -66.7% $325,000 $393,700 -17.4%
James Island 25 35 -28.6% $325,000 $256,000 27%
Edisto Island 4 5 -20% $322,000 $199,800 61.2%
Charleston 287 393 -27% $290,000 $254,000 14.2%
Laurel Park 1 0 $275,000 $0
Long Branch Estates 1 2 -50% $260,000 $179,500 44.8%
Capri Isles 1 0 $245,000 $0
Fenwick Hills 3 1 200% $234,900 $31,000 657.7%
Plantation Estates 1 3 -66.7% $230,000 $207,000 11.1%


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