McClellanville home prices fall in the first half of 2018

McClellanville home prices fall in the first half of 2018
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The median sale price of a home sold in the first half of 2018 in McClellanville fell by $43,050 while total sales decreased by 25%, according to BlockShopper.com.

From January through June of 2018, there were nine homes sold, with a median sale price of $259,950 – a 14.2% decrease over the $303,000 median sale price for the same period of the previous year. There were 12 homes sold in McClellanville in the first half of 2017.

The median sales tax in McClellanville for the most recent year with available data, 2015, was $864, approximately 0.3% of the median home sale price for the first half of 2018.

The following table compares McClellanville to other Charleston County cities with similar median sales prices in the first half of 2018:

City Jan. – June 2018 Home Sales Jan. – June 2017 Home Sales % change (Total Home Sales) Jan. – June 2018 Median Sales Price Jan. – June 2017 Median Sales Price % change (Median Sales Price)
Charleston 1,020 1,347 -24.3% $291,000 $283,000 2.8%
James Island 94 128 -26.6% $288,600 $278,000 3.8%
Chesterfield 2 2 0% $275,000 $287,500 -4.3%
Hollywood 23 23 0% $262,500 $259,900 1%
Drayton 7 6 16.7% $260,000 $209,500 24.1%
McClellanville 9 12 -25% $259,950 $303,000 -14.2%
Awendaw 5 4 25% $236,600 $335,000 -29.4%
Landsdowne 8 5 60% $232,636 $245,000 -5%
Plantation Estates 3 8 -62.5% $232,000 $197,970 17.2%
Ponderosa 5 11 -54.5% $219,000 $132,000 65.9%
Whitehall Terrace 6 1 500% $217,500 $225,000 -3.3%


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