Edisto Island home prices rise in December 2017

Edisto Island home prices rise in December 2017
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The median sale price of a home sold in December 2017 in Edisto Island rose by $198,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In December 2017, there were two homes sold, with a median sale price of $672,500 – a 41.9% increase over the $474,000 median sale price for the same period of the previous year. There were three homes sold in Edisto Island in December 2016.

The median sales tax in Edisto Island for the most recent year with available data, 2015, was $1,668, approximately 0.2% of the median home sale price for December 2017.

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

City Dec. 2017 Home Sales Dec. 2016 Home Sales % change (Total Home Sales) Dec. 2017 Median Sales Price Dec. 2016 Median Sales Price % change (Median Sales Price)
Sullivan’s Island 3 3 0% $2,100,000 $1,600,000 31.3%
Isle of Palms 19 13 46.2% $775,000 $660,000 17.4%
Folly Beach 7 10 -30% $770,000 $540,000 42.6%
Edisto Island 2 3 -33.3% $672,500 $474,000 41.9%
Kiawah Island 15 20 -25% $625,000 $698,500 -10.5%
Riverland Terrace 1 2 -50% $583,000 $290,000 101%
Meggett 1 1 0% $527,564 $339,000 55.6%
Mount Pleasant 106 146 -27.4% $430,375 $363,750 18.3%
Edgewater Park 2 0 $422,500 $0
Hollywood 1 5 -80% $415,000 $674,850 -38.5%
Adams Run 1 5 -80% $308,000 $155,000 98.7%


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