James Island home prices rise in the second half of 2017

James Island home prices rise in the second half of 2017
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The median sale price of a home sold in the second half of 2017 in James Island rose by $24,000 while total sales decreased by 44%, according to BlockShopper.com.

From July through December of 2017, there were 65 homes sold, with a median sale price of $289,000 – a 9.1% increase over the $265,000 median sale price for the same period of the previous year. There were 116 homes sold in James Island in the second half of 2016.

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 second half of 2017.

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

City July – Dec. 2017 Home Sales July – Dec. 2016 Home Sales % change (Total Home Sales) July – Dec. 2017 Median Sales Price July – Dec. 2016 Median Sales Price % change (Median Sales Price)
Seabrook Island 76 64 18.8% $377,000 $327,500 15.1%
Riverland Terrace 7 12 -41.7% $355,000 $350,000 1.4%
McClellanville 9 18 -50% $307,000 $266,710.50 15.1%
Awendaw 4 9 -55.6% $292,500 $350,000 -16.4%
Landsdowne 5 5 0% $289,000 $259,900 11.2%
James Island 65 116 -44% $289,000 $265,000 9.1%
Charleston 955 1,630 -41.4% $280,000 $265,000 5.7%
Laurel Park 4 8 -50% $277,500 $322,250 -13.9%
Whitehall Terrace 2 5 -60% $272,050 $337,000 -19.3%
Drayton 6 7 -14.3% $261,750 $237,000 10.4%
Secessionville Acres 4 5 -20% $260,450 $245,000 6.3%


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