The median sale price of a home sold in the third quarter of 2017 in Edisto Island rose by $37,000 while total sales increased by 14.3%, according to BlockShopper.com.
From July through September of 2017, there were eight homes sold, with a median sale price of $248,000 – a 17.5% increase over the $211,000 median sale price for the same period of the previous year. There were seven homes sold in Edisto Island in the third quarter of 2016.
The median sales tax in Edisto Island for the most recent year with available data, 2015, was $1,668, approximately 0.7% of the median home sale price for the third quarter of 2017.
The following table compares Edisto Island to other Charleston County cities with similar median sales prices in the third quarter of 2017:
| City | July – Sept. 2017 Home Sales | July – Sept. 2016 Home Sales | % change (Total Home Sales) | July – Sept. 2017 Median Sales Price | July – Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Laurel Park | 3 | 6 | -50% | $280,000 | $297,250 | -5.8% |
| Charleston | 556 | 974 | -42.9% | $275,000 | $265,000 | 3.8% |
| Forest Lakes | 4 | 0 | – | $270,000 | $0 | – |
| Secessionville Acres | 4 | 4 | 0% | $260,450 | $217,000 | 20% |
| Chesterfield | 1 | 2 | -50% | $255,000 | $183,875 | 38.7% |
| Edisto Island | 8 | 7 | 14.3% | $248,000 | $211,000 | 17.5% |
| Fenwick Hills | 2 | 2 | 0% | $236,000 | $80,000 | 195% |
| Church Creek | 3 | 4 | -25% | $230,000 | $233,250 | -1.4% |
| Capri Isles | 2 | 4 | -50% | $229,750.50 | $286,500 | -19.8% |
| Drayton | 3 | 2 | 50% | $220,000 | $236,750 | -7.1% |
| Ponderosa | 3 | 9 | -66.7% | $213,000 | $200,000 | 6.5% |
