Mount Pleasant home prices rise in April 2017

Mount Pleasant home prices rise in April 2017
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The median sale price of a home sold in April 2017 in Mount Pleasant rose by $17,500 while total sales decreased by 39.4%, according to BlockShopper.com.

In April 2017, there were 143 homes sold, with a median sale price of $420,000 – a 4.3% increase over the $402,500 median sale price for the same period of the previous year. There were 236 homes sold in Mount Pleasant in April 2016.

The median sales tax in Mount Pleasant for the most recent year with available data, 2015, was $1,649, approximately 0.4% of the median home sale price for April 2017.

The following table compares Mount Pleasant to other Charleston County cities with similar median sales prices in April 2017:

City Apr. 2017 Home Sales Apr. 2016 Home Sales % change (Total Home Sales) Apr. 2017 Median Sales Price Apr. 2016 Median Sales Price % change (Median Sales Price)
Isle of Palms 19 22 -13.6% $630,000 $715,000 -11.9%
Edisto Island 6 4 50% $610,000 $274,500 122.2%
Meggett 2 1 100% $571,250 $720,000 -20.7%
Seabrook Island 13 16 -18.8% $525,000 $254,750 106.1%
Ashley Forest 2 1 100% $433,000 $257,500 68.2%
Mount Pleasant 143 236 -39.4% $420,000 $402,500 4.3%
Ravenel 1 1 0% $395,000 $58,700 572.9%
McClellanville 3 3 0% $341,000 $170,000 100.6%
Edgewater Park 2 0 $319,250 $0
Riverland Terrace 2 1 100% $316,000 $306,000 3.3%
Charleston 199 292 -31.8% $292,500 $265,000 10.4%


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