Drayton home prices rise in the first quarter of 2017

Drayton home prices rise in the first quarter of 2017
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The median sale price of a home sold in the first quarter of 2017 in Drayton rose by $29,250 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through March of 2017, there were two homes sold, with a median sale price of $250,000 – a 13.3% increase over the $220,750 median sale price for the same period of the previous year. There were two homes sold in Drayton in the first quarter of 2016, as well.

The median sales tax in Drayton for the most recent year with available data, 2015, was $1,278, approximately 0.5% of the median home sale price for the first quarter of 2017.

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

City Jan. – Mar. 2017 Home Sales Jan. – Mar. 2016 Home Sales % change (Total Home Sales) Jan. – Mar. 2017 Median Sales Price Jan. – Mar. 2016 Median Sales Price % change (Median Sales Price)
Hollywood 10 18 -44.4% $275,950 $241,950 14.1%
Riverland Terrace 4 10 -60% $265,750 $266,250 -0.2%
Edisto Island 4 7 -42.9% $265,681 $305,000 -12.9%
James Island 63 77 -18.2% $265,000 $245,000 8.2%
McClellanville 7 7 0% $265,000 $134,500 97%
Drayton 2 2 0% $250,000 $220,750 13.3%
Landsdowne 4 1 300% $242,500 $250,000 -3%
Forest Lakes 1 1 0% $230,000 $229,900 0%
Secessionville Acres 2 3 -33.3% $193,000 $244,000 -20.9%
Fenwick Hills 4 2 100% $192,500 $200,000 -3.8%
Church Creek 2 3 -33.3% $192,500 $206,700 -6.9%


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