Edgewater Park home prices rise in the first half of 2018

Edgewater Park home prices rise in the first half of 2018
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The median sale price of a home sold in the first half of 2018 in Edgewater Park rose by $411,859 while total sales increased by 200%, according to BlockShopper.com.

From January through June of 2018, there were six homes sold, with a median sale price of $731,109 – a 129% increase over the $319,250 median sale price for the same period of the previous year. There were two homes sold in Edgewater Park in the first half of 2017.

The median sales tax in Edgewater Park for the most recent year with available data, 2015, was $2,942, approximately 0.4% of the median home sale price for the first half of 2018.

The following table compares Edgewater Park to other Charleston County cities with similar median sales prices in the first half of 2018:

City Jan. – June 2018 Home Sales Jan. – June 2017 Home Sales % change (Total Home Sales) Jan. – June 2018 Median Sales Price Jan. – June 2017 Median Sales Price % change (Median Sales Price)
Sullivan’s Island 24 32 -25% $1,932,500 $1,675,000 15.4%
Kiawah Island 66 87 -24.1% $847,500 $805,000 5.3%
Isle of Palms 111 139 -20.1% $770,000 $675,000 14.1%
Edgewater Park 6 2 200% $731,108.50 $319,250 129%
Secessionville Acres 1 4 -75% $680,807 $216,750 214.1%
Folly Beach 35 58 -39.7% $620,000 $607,050 2.1%
Meggett 5 11 -54.5% $557,500 $327,000 70.5%
Edisto Island 9 17 -47.1% $460,000 $349,000 31.8%
Mount Pleasant 692 974 -29% $426,721 $406,569.50 5%
Ashley Forest 5 9 -44.4% $380,000 $435,000 -12.6%
North Pine Point 3 1 200% $377,000 $318,000 18.6%


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