North Charleston home prices fall in December 2018

North Charleston home prices fall in December 2018
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The median sale price of a home sold in December 2018 in North Charleston fell by $25,000 while total sales decreased by 31.7%, according to BlockShopper.com.

In December 2018, there were 43 homes sold, with a median sale price of $135,000 – a 15.6% decrease over the $160,000 median sale price for the same period of the previous year. There were 63 homes sold in North Charleston in December 2017.

The median sales tax in North Charleston for the most recent year with available data, 2015, was $729, approximately 0.5% of the median home sale price for December 2018.

The following table compares North Charleston to other Charleston County cities with similar median sales prices in December 2018:

City Dec. 2018 Home Sales Dec. 2017 Home Sales % change (Total Home Sales) Dec. 2018 Median Sales Price Dec. 2017 Median Sales Price % change (Median Sales Price)
Whitehall Terrace 1 1 0% $375,000 $189,100 98.3%
McClellanville 2 0 $312,500 $0
Seabrook Island 7 12 -41.7% $305,000 $249,000 22.5%
James Island 6 9 -33.3% $303,000 $249,350 21.5%
Charleston 86 126 -31.7% $282,500 $290,000 -2.6%
Riverland Terrace 1 1 0% $275,000 $583,000 -52.8%
Summerville 2 7 -71.4% $211,500 $181,500 16.5%
Adams Run 3 1 200% $175,000 $308,000 -43.2%
North Charleston 43 63 -31.7% $135,000 $160,000 -15.6%
Ladson 5 8 -37.5% $120,000 $136,950 -12.4%
Lincolnville 1 0 $60,000 $0


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