The median sale price of a home sold in the first half of 2017 in Riverland Terrace fell by $14,000 while total sales decreased by 40%, according to BlockShopper.com.
From January through June of 2017, there were nine homes sold, with a median sale price of $292,000 – a 4.6% decrease over the $306,000 median sale price for the same period of the previous year. There were 15 homes sold in Riverland Terrace in the first half of 2016.
The median sales tax in Riverland Terrace for the most recent year with available data, 2015, was $1,632, approximately 0.6% of the median home sale price for the first half of 2017.
The following table compares Riverland Terrace to other Charleston County cities with similar median sales prices in the first half of 2017:
| City | Jan. – June 2017 Home Sales | Jan. – June 2016 Home Sales | % change (Total Home Sales) | Jan. – June 2017 Median Sales Price | Jan. – June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Awendaw | 4 | 4 | 0% | $335,000 | $255,000 | 31.4% |
| Meggett | 11 | 6 | 83.3% | $327,000 | $368,000 | -11.1% |
| Edgewater Park | 2 | 1 | 100% | $319,250 | $457,500 | -30.2% |
| North Pine Point | 1 | 6 | -83.3% | $318,000 | $287,500 | 10.6% |
| McClellanville | 12 | 16 | -25% | $303,000 | $192,500 | 57.4% |
| Riverland Terrace | 9 | 15 | -40% | $292,000 | $306,000 | -4.6% |
| Chesterfield | 2 | 1 | 100% | $287,500 | $329,000 | -12.6% |
| Charleston | 1,347 | 1,628 | -17.3% | $283,000 | $255,000 | 11% |
| James Island | 128 | 158 | -19% | $278,000 | $252,500 | 10.1% |
| Laurel Park | 3 | 8 | -62.5% | $275,000 | $318,750 | -13.7% |
| Capri Isles | 2 | 5 | -60% | $267,500 | $292,000 | -8.4% |
