Home prices increased in Seabrook Island during the first half of 2021

Home prices increased in Seabrook Island during the first half of 2021
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The median sale price of a home sold in the first half of 2021 in Seabrook Island rose by $159,000 while total sales increased by 8.7%, according to BlockShopper.com.

From January through June of 2021, there were 100 homes sold, with a median sale price of $534,000 – a 42.4% increase over the $375,000 median sale price for the same period of the previous year. There were 92 homes sold in Seabrook Island in the first half of 2020.

The median sales tax in Seabrook Island for the most recent year with available data, 2019, was $3,566, approximately 0.7% of the median home sale price for the first half of 2021.

The following table compares Seabrook Island to other Charleston County cities with similar median sale prices in the first half of 2021:

City Jan. – June 2021 Home Sales Jan. – June 2020 Home Sales % change (Total Home Sales) Jan. – June 2021 Median Sales Price Jan. – June 2020 Median Sales Price % change (Median Sales Price)
Edgewater Park 3 2 50% $750,000 $495,000 51.5%
Sullivan’s Island 4 7 -42.9% $690,000 $1,022,500 -32.5%
Kiawah Island 113 60 88.3% $664,000 $697,500 -4.8%
Folly Beach 56 48 16.7% $650,000 $631,500 2.9%
Edisto Island 18 12 50% $547,500 $402,500 36%
Seabrook Island 100 92 8.7% $534,000 $375,000 42.4%
Meggett 13 5 160% $497,000 $449,000 10.7%
Mount Pleasant 1,125 948 18.7% $492,000 $424,448 15.9%
Secessionville Acres 4 2 100% $469,500 $470,000 -0.1%
Ravenel 7 9 -22.2% $455,000 $386,000 17.9%
Hollywood 30 22 36.4% $448,500 $207,950 115.7%


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