The median sale price of a home sold in December 2018 in Folly Beach fell by $130,000 while total sales increased by 42.9%, according to BlockShopper.com.
In December 2018, there were 10 homes sold, with a median sale price of $640,000 – a 16.9% decrease over the $770,000 median sale price for the same period of the previous year. There were seven homes sold in Folly Beach in December 2017.
The median sales tax in Folly Beach for the most recent year with available data, 2015, was $4,233, approximately 0.7% of the median home sale price for December 2018.
The following table compares Folly Beach to other Charleston County cities with similar median sales prices in December 2018:
| City | Dec. 2018 Home Sales | Dec. 2017 Home Sales | % change (Total Home Sales) | Dec. 2018 Median Sales Price | Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan’s Island | 2 | 3 | -33.3% | $1,292,500 | $2,100,000 | -38.5% |
| Kiawah Island | 10 | 15 | -33.3% | $882,500 | $625,000 | 41.2% |
| Folly Beach | 10 | 7 | 42.9% | $640,000 | $770,000 | -16.9% |
| Isle of Palms | 5 | 19 | -73.7% | $600,000 | $775,000 | -22.6% |
| Hollywood | 1 | 1 | 0% | $585,000 | $415,000 | 41% |
| Secessionville Acres | 1 | 0 | – | $500,000 | $0 | – |
| Mount Pleasant | 61 | 106 | -42.5% | $385,000 | $430,375 | -10.5% |
| Whitehall Terrace | 1 | 1 | 0% | $375,000 | $189,100 | 98.3% |
| McClellanville | 2 | 0 | – | $312,500 | $0 | – |
| Seabrook Island | 7 | 12 | -41.7% | $305,000 | $249,000 | 22.5% |
| James Island | 6 | 9 | -33.3% | $303,000 | $249,350 | 21.5% |
