James Island home prices rise in the first half of 2017

James Island home prices rise in the first half of 2017
0Comments

The median sale price of a home sold in the first half of 2017 in James Island rose by $25,500 while total sales decreased by 19%, according to BlockShopper.com.

From January through June of 2017, there were 128 homes sold, with a median sale price of $278,000 – a 10.1% increase over the $252,500 median sale price for the same period of the previous year. There were 158 homes sold in James Island in the first half of 2016.

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 the first half of 2017.

The following table compares James Island to other Charleston County cities with similar median sales prices in the first half of 2017:

City Jan. – June 2017 Home Sales Jan. – June 2016 Home Sales % change (Total Home Sales) Jan. – June 2017 Median Sales Price Jan. – June 2016 Median Sales Price % change (Median Sales Price)
North Pine Point 1 6 -83.3% $318,000 $287,500 10.6%
McClellanville 12 16 -25% $303,000 $192,500 57.4%
Riverland Terrace 9 15 -40% $292,000 $306,000 -4.6%
Chesterfield 2 1 100% $287,500 $329,000 -12.6%
Charleston 1,347 1,628 -17.3% $283,000 $255,000 11%
James Island 128 158 -19% $278,000 $252,500 10.1%
Laurel Park 3 8 -62.5% $275,000 $318,750 -13.7%
Capri Isles 2 5 -60% $267,500 $292,000 -8.4%
Hollywood 23 33 -30.3% $259,900 $249,000 4.4%
Landsdowne 5 3 66.7% $245,000 $230,000 6.5%
Long Branch Estates 6 4 50% $234,000 $228,000 2.6%


Related

South Carolina residents are advised to be aware of scams involving sales of illegal ‘tiny homes’

South Carolina residents are advised to be aware of scams involving sales of illegal ‘tiny homes’

The Manufactured Housing Institute of South Carolina (MHISC) is warning local residents to be on the lookout for illegally modified structures being sold as “tiny homes.”

Melanie Cecelia Regis acquires 6287 Rolling Fork Road 208, N. Charleston

Melanie Cecelia Regis acquires 6287 Rolling Fork Road 208, N. Charleston

The two bedroom, two bathroom home at 6287 Rolling Fork Road 208, N. Charleston was sold on Dec. 27 by Melanie Cecelia Regis for $161,500. The buyer was Johanna K Fritz.

James S. Gonda unloads 315 Parkwood Estates Drive, Charleston

James S. Gonda unloads 315 Parkwood Estates Drive, Charleston

On Dec. 17, Mary Elizabeth March purchased a two bedroom, one bathroom home at 315 Parkwood Estates Drive, Charleston from James S. Gonda for $405,000.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Palmetto State News.