James Island home prices rise in the first quarter of 2019

James Island home prices rise in the first quarter of 2019
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The median sale price of a home sold in the first quarter of 2019 in James Island rose by $37,500 while total sales decreased by 35.7%, according to BlockShopper.com.

From January through March of 2019, there were 36 homes sold, with a median sale price of $312,500 – a 13.6% increase over the $275,000 median sale price for the same period of the previous year. There were 56 homes sold in James Island in the first quarter of 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 the first quarter of 2019.

The following table compares James Island to other Charleston County cities with similar median sales prices in the first quarter of 2019:

City Jan. – Mar. 2019 Home Sales Jan. – Mar. 2018 Home Sales % change (Total Home Sales) Jan. – Mar. 2019 Median Sales Price Jan. – Mar. 2018 Median Sales Price % change (Median Sales Price)
Ravenel 3 5 -40% $375,000 $140,000 167.9%
Meggett 3 0 $365,000 $0
Seabrook Island 22 31 -29% $352,500 $284,000 24.1%
McClellanville 7 6 16.7% $320,000 $244,275 31%
Forest Lakes 2 1 100% $313,500 $395,000 -20.6%
James Island 36 56 -35.7% $312,500 $275,000 13.6%
Riverland Terrace 3 4 -25% $312,000 $308,500 1.1%
Secessionville Acres 1 1 0% $300,000 $680,807 -55.9%
Charleston 363 512 -29.1% $296,000 $296,500 -0.2%
Long Branch Estates 3 1 200% $288,000 $120,000 140%
Capri Isles 3 0 $287,500 $0


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