James Island home prices fall in June 2018

James Island home prices fall in June 2018
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The median sale price of a home sold in June 2018 in James Island fell by $65,000 while total sales decreased by 72%, according to BlockShopper.com.

In June 2018, there were seven homes sold, with a median sale price of $260,000 – a 20% decrease over the $325,000 median sale price for the same period of the previous year. There were 25 homes sold in James Island in June 2017.

The median sales tax in James Island for the most recent year with available data, 2015, was $1,253, approximately 0.5% of the median home sale price for June 2018.

The following table compares James Island to other Charleston County cities with similar median sales prices in June 2018:

City June 2018 Home Sales June 2017 Home Sales % change (Total Home Sales) June 2018 Median Sales Price June 2017 Median Sales Price % change (Median Sales Price)
Whitehall Terrace 1 0 $325,000 $0
Seabrook Island 13 22 -40.9% $317,000 $492,500 -35.6%
Charleston 150 287 -47.7% $305,500 $290,000 5.3%
Landsdowne 1 1 0% $300,000 $372,500 -19.5%
McClellanville 2 1 100% $291,750 $700,000 -58.3%
James Island 7 25 -72% $260,000 $325,000 -20%
Hollywood 6 6 0% $257,500 $435,000 -40.8%
Long Branch Estates 1 1 0% $236,000 $260,000 -9.2%
Edisto Island 2 4 -50% $235,000 $322,000 -27%
Adams Run 2 5 -60% $225,000 $57,500 291.3%
Fenwick Hills 1 3 -66.7% $185,000 $234,900 -21.2%


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