James Island home prices fall in May 2019

James Island home prices fall in May 2019
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The median sale price of a home sold in May 2019 in James Island fell by $10,500 while total sales increased by 30%, according to BlockShopper.com.

In May 2019, there were 13 homes sold, with a median sale price of $332,000 – a 3.1% decrease over the $342,500 median sale price for the same period of the previous year. There were 10 homes sold in James Island in May 2018.

The median sales tax in James Island for the most recent year with available data, 2015, was $1,253, approximately 0.4% of the median home sale price for May 2019.

The following table compares James Island to other Charleston County cities with similar median sales prices in May 2019:

City May 2019 Home Sales May 2018 Home Sales % change (Total Home Sales) May 2019 Median Sales Price May 2018 Median Sales Price % change (Median Sales Price)
Chesterfield 1 0 $580,000 $0
Folly Beach 3 4 -25% $580,000 $510,087 13.7%
Seabrook Island 16 13 23.1% $558,000 $340,000 64.1%
Mount Pleasant 107 73 46.6% $470,900 $430,000 9.5%
Riverland Terrace 1 0 $460,000 $0
James Island 13 10 30% $332,000 $342,500 -3.1%
Charleston 145 106 36.8% $320,000 $275,000 16.4%
Forest Lakes 1 0 $302,500 $0
Landsdowne 2 3 -33.3% $290,200 $263,000 10.3%
North Pine Point 1 0 $273,000 $0
Ponderosa 1 0 $262,000 $0


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