Edisto Island home prices rise in 2017

Edisto Island home prices rise in 2017
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The median sale price of a home sold in 2017 in Edisto Island rose by $46,370 while total sales decreased by 11.8%, according to BlockShopper.com.

From January through December of 2017, there were 30 homes sold, with a median sale price of $307,500 – a 17.8% increase over the $261,130 median sale price for the previous year. There were 34 homes sold in Edisto Island in 2016.

The median sales tax in Edisto Island for the most recent year with available data, 2015, was $1,668, approximately 0.5% of the median home sale price for 2017.

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

City Jan. – Dec. 2017 Home Sales Jan. – Dec. 2016 Home Sales % change (Total Home Sales) Jan. – Dec. 2017 Median Sales Price Jan. – Dec. 2016 Median Sales Price % change (Median Sales Price)
Ashley Forest 12 20 -40% $413,000 $323,500 27.7%
Mount Pleasant 1,704 2,218 -23.2% $412,250 $385,000 7.1%
Edgewater Park 7 3 133.3% $400,000 $360,000 11.1%
Meggett 18 15 20% $367,500 $339,000 8.4%
Riverland Terrace 16 27 -40.7% $320,000 $310,000 3.2%
Edisto Island 30 34 -11.8% $307,500 $261,130 17.8%
McClellanville 21 34 -38.2% $307,000 $234,750 30.8%
Awendaw 8 13 -38.5% $292,500 $320,000 -8.6%
James Island 193 274 -29.6% $284,000 $260,000 9.2%
Charleston 2,302 3,258 -29.3% $282,000 $260,000 8.5%
Laurel Park 7 16 -56.3% $275,000 $321,000 -14.3%


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