The median sale price of a home sold in July 2021 in Sullivan’s Island fell by $1,745,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.
In July 2021, there were two homes sold, with a median sale price of $562,500 – a 75.6% decrease over the $2,307,500 median sale price for the same period of the previous year. There were two homes sold in Sullivan’s Island in July 2020, as well.
The median sales tax in Sullivan’s Island for the most recent year with available data, 2019, was $9,160, approximately 1.6% of the median home sale price for July 2021.
The following table compares Sullivan’s Island to other Charleston County cities with similar median sale prices in July 2021:
| City | July 2021 Home Sales | July 2020 Home Sales | % change (Total Home Sales) | July 2021 Median Sales Price | July 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Folly Beach | 4 | 17 | -76.5% | $618,500 | $650,000 | -4.8% |
| Edisto Island | 3 | 3 | 0% | $600,000 | $480,000 | 25% |
| Ravenel | 1 | 2 | -50% | $585,000 | $357,500 | 63.6% |
| Edgewater Park | 1 | 0 | – | $580,000 | $0 | – |
| Laurel Park | 2 | 1 | 100% | $570,500 | $170,000 | 235.6% |
| Sullivan’s Island | 2 | 2 | 0% | $562,500 | $2,307,500 | -75.6% |
| Hollywood | 2 | 5 | -60% | $562,450 | $190,300 | 195.6% |
| Mount Pleasant | 129 | 261 | -50.6% | $550,000 | $452,500 | 21.5% |
| Plantation Estates | 1 | 0 | – | $549,000 | $0 | – |
| Adams Run | 1 | 3 | -66.7% | $508,000 | $153,000 | 232% |
| James Island | 16 | 24 | -33.3% | $391,500 | $336,500 | 16.3% |
