Laurel Park home prices rise in the second quarter of 2018

Laurel Park home prices rise in the second quarter of 2018
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The median sale price of a home sold in the second quarter of 2018 in Laurel Park rose by $130,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From April through June of 2018, there were two homes sold, with a median sale price of $382,500 – a 51.5% increase over the $252,500 median sale price for the same period of the previous year. There were two homes sold in Laurel Park in the second quarter of 2017, as well.

The median sales tax in Laurel Park for the most recent year with available data, 2015, was $1,340, approximately 0.4% of the median home sale price for the second quarter of 2018.

The following table compares Laurel Park to other Charleston County cities with similar median sales prices in the second quarter of 2018:

City Apr. – June 2018 Home Sales Apr. – June 2017 Home Sales % change (Total Home Sales) Apr. – June 2018 Median Sales Price Apr. – June 2017 Median Sales Price % change (Median Sales Price)
Meggett 5 7 -28.6% $557,500 $327,000 70.5%
Edisto Island 7 13 -46.2% $460,000 $545,000 -15.6%
Mount Pleasant 346 577 -40% $450,000 $427,000 5.4%
Seabrook Island 44 58 -24.1% $412,000 $462,500 -10.9%
McClellanville 3 5 -40% $385,000 $341,000 12.9%
Laurel Park 2 2 0% $382,500 $252,500 51.5%
Ashley Forest 3 4 -25% $380,000 $433,000 -12.2%
North Pine Point 3 0 $377,000 $0
Chesterfield 1 0 $360,000 $0
Capri Isles 1 2 -50% $350,000 $267,500 30.8%
Riverland Terrace 2 5 -60% $327,500 $325,000 0.8%


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