Laurel Park home prices fall in the second quarter of 2017

Laurel Park home prices fall in the second quarter of 2017
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The median sale price of a home sold in the second quarter of 2017 in Laurel Park fell by $70,000 while total sales decreased by 33.3%, according to BlockShopper.com.

From April through June of 2017, there were two homes sold, with a median sale price of $252,500 – a 21.7% decrease over the $322,500 median sale price for the same period of the previous year. There were three homes sold in Laurel Park in the second quarter of 2016.

The median sales tax in Laurel Park for the most recent year with available data, 2015, was $1,340, approximately 0.5% of the median home sale price for the second quarter of 2017.

The following table compares Laurel Park to other Charleston County cities with similar median sales prices in the second quarter of 2017:

City Apr. – June 2017 Home Sales Apr. – June 2016 Home Sales % change (Total Home Sales) Apr. – June 2017 Median Sales Price Apr. – June 2016 Median Sales Price % change (Median Sales Price)
Edgewater Park 2 0 $319,250 $0
James Island 65 81 -19.8% $297,000 $261,000 13.8%
Charleston 768 1,008 -23.8% $290,000 $263,250 10.2%
Capri Isles 2 4 -50% $267,500 $264,400 1.2%
Long Branch Estates 3 3 0% $252,500 $223,000 13.2%
Laurel Park 2 3 -33.3% $252,500 $322,500 -21.7%
Hollywood 13 15 -13.3% $245,000 $249,000 -1.6%
Pierpont 3 0 $239,900 $0
Fenwick Hills 3 4 -25% $234,900 $180,500 30.1%
Ponderosa 4 7 -42.9% $229,500 $219,000 4.8%
Whitehall Terrace 1 0 $225,000 $0


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