Mount Pleasant home prices rise in December 2017

Mount Pleasant home prices rise in December 2017
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The median sale price of a home sold in December 2017 in Mount Pleasant rose by $66,625 while total sales decreased by 27.4%, according to BlockShopper.com.

In December 2017, there were 106 homes sold, with a median sale price of $430,375 – a 18.3% increase over the $363,750 median sale price for the same period of the previous year. There were 146 homes sold in Mount Pleasant in December 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 December 2017.

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

City Dec. 2017 Home Sales Dec. 2016 Home Sales % change (Total Home Sales) Dec. 2017 Median Sales Price Dec. 2016 Median Sales Price % change (Median Sales Price)
Folly Beach 7 10 -30% $770,000 $540,000 42.6%
Edisto Island 2 3 -33.3% $672,500 $474,000 41.9%
Kiawah Island 15 20 -25% $625,000 $698,500 -10.5%
Riverland Terrace 1 2 -50% $583,000 $290,000 101%
Meggett 1 1 0% $527,564 $339,000 55.6%
Mount Pleasant 106 146 -27.4% $430,375 $363,750 18.3%
Edgewater Park 2 0 $422,500 $0
Hollywood 1 5 -80% $415,000 $674,850 -38.5%
Adams Run 1 5 -80% $308,000 $155,000 98.7%
Charleston 126 244 -48.4% $290,000 $278,500 4.1%
Laurel Park 1 0 $275,000 $0


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