North Pine Point home prices rise in 2017

North Pine Point home prices rise in 2017
0Comments

The median sale price of a home sold in 2017 in North Pine Point rose by $34,000 while total sales decreased by 80%, according to BlockShopper.com.

From January through December of 2017, there were two homes sold, with a median sale price of $239,000 – a 16.6% increase over the $205,000 median sale price for the previous year. There were 10 homes sold in North Pine Point in 2016.

The median sales tax in North Pine Point for the most recent year with available data, 2015, was $1,132, approximately 0.5% of the median home sale price for 2017.

The following table compares North Pine Point to other Charleston County cities with similar median sales prices in 2017:

City Jan. – Dec. 2017 Home Sales Jan. – Dec. 2016 Home Sales % change (Total Home Sales) Jan. – Dec. 2017 Median Sales Price Jan. – Dec. 2016 Median Sales Price % change (Median Sales Price)
Hollywood 44 58 -24.1% $259,950 $254,250 2.2%
Chesterfield 3 3 0% $255,000 $289,000 -11.8%
Capri Isles 6 10 -40% $255,000 $307,500 -17.1%
Drayton 12 10 20% $247,500 $236,000 4.9%
Forest Lakes 6 3 100% $240,000 $229,900 4.4%
North Pine Point 2 10 -80% $239,000 $205,000 16.6%
Fenwick Hills 9 10 -10% $225,000 $135,187.50 66.4%
Whitehall Terrace 3 7 -57.1% $225,000 $337,000 -33.2%
Long Branch Estates 7 12 -41.7% $223,000 $205,250 8.6%
Church Creek 7 15 -53.3% $215,000 $206,700 4%
Ponderosa 19 22 -13.6% $213,000 $200,000 6.5%


Related

Mark McMillan, Owner, President and CEO

Advance Land and Timber outlines key questions for touring affordable South Carolina property

Advance Land and Timber has issued advice for those interested in purchasing low-cost properties in South Carolina. The company stresses careful evaluation during tours regarding access rights, utilities availability,and boundary clarity—helping ensure informed decisions.

Mark McMillan, Owner, President and CEO

South Carolina cheap acreage draws investor interest amid changing land use trends

Investor demand for affordable rural land is rising across South Carolina due to population growth trends. Advance Land And Timber reports increased interest driven by factors such as recreation potential and timber value. Experts say proper marketing helps sellers connect with motivated buyers.

Rental vacancies in South Carolina down 1.1 percent from 2019 to 2020

Rental vacancies in South Carolina down 1.1 percent from 2019 to 2020

Rental vacancies in South Carolina were 9.7 percent in 2020, a decrease of 1.1 percent from the previous year, according to the U.S. Census Bureau report.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Palmetto State News.