The median sale price of a home sold in the third quarter of 2017 in Laurel Park fell by $17,250 while total sales decreased by 50%, according to BlockShopper.com.
From July through September of 2017, there were three homes sold, with a median sale price of $280,000 – a 5.8% decrease over the $297,250 median sale price for the same period of the previous year. There were six homes sold in Laurel Park in the third 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 third quarter of 2017.
The following table compares Laurel Park to other Charleston County cities with similar median sales prices in the third quarter of 2017:
| City | July – Sept. 2017 Home Sales | July – Sept. 2016 Home Sales | % change (Total Home Sales) | July – Sept. 2017 Median Sales Price | July – Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Whitehall Terrace | 1 | 2 | -50% | $355,000 | $392,250 | -9.5% |
| Riverland Terrace | 3 | 8 | -62.5% | $349,900 | $402,500 | -13.1% |
| Awendaw | 3 | 7 | -57.1% | $310,000 | $575,000 | -46.1% |
| Landsdowne | 2 | 3 | -33.3% | $299,500 | $305,000 | -1.8% |
| James Island | 35 | 67 | -47.8% | $284,000 | $275,000 | 3.3% |
| Laurel Park | 3 | 6 | -50% | $280,000 | $297,250 | -5.8% |
| Charleston | 556 | 974 | -42.9% | $275,000 | $265,000 | 3.8% |
| Forest Lakes | 4 | 0 | – | $270,000 | $0 | – |
| Secessionville Acres | 4 | 4 | 0% | $260,450 | $217,000 | 20% |
| Chesterfield | 1 | 2 | -50% | $255,000 | $183,875 | 38.7% |
| Edisto Island | 8 | 7 | 14.3% | $248,000 | $211,000 | 17.5% |
