The median sale price of a home sold in March 2017 in Riverland Terrace rose by $12,000 while total sales decreased by 50%, according to BlockShopper.com.
In March 2017, there were two homes sold, with a median sale price of $265,750 – a 4.7% increase over the $253,750 median sale price for the same period of the previous year. There were four homes sold in Riverland Terrace in March 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 March 2017.
The following table compares Riverland Terrace to other Charleston County cities with similar median sales prices in March 2017:
| City | Mar. 2017 Home Sales | Mar. 2016 Home Sales | % change (Total Home Sales) | Mar. 2017 Median Sales Price | Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Laurel Park | 1 | 3 | -66.7% | $330,000 | $328,000 | 0.6% |
| James Island | 23 | 26 | -11.5% | $305,000 | $263,000 | 16% |
| Hollywood | 3 | 8 | -62.5% | $292,000 | $241,950 | 20.7% |
| Edisto Island | 1 | 3 | -66.7% | $292,000 | $180,000 | 62.2% |
| Charleston | 227 | 254 | -10.6% | $278,000 | $239,000 | 16.3% |
| Riverland Terrace | 2 | 4 | -50% | $265,750 | $253,750 | 4.7% |
| Landsdowne | 3 | 1 | 200% | $245,000 | $250,000 | -2% |
| Drayton | 1 | 0 | – | $245,000 | $0 | – |
| Chesterfield | 1 | 0 | – | $240,000 | $0 | – |
| Forest Lakes | 1 | 1 | 0% | $230,000 | $229,900 | 0% |
| McClellanville | 2 | 3 | -33.3% | $222,500 | $74,900 | 197.1% |
