The median sale price of a home sold in the first half of 2019 in Riverland Terrace rose by $65,000 while total sales increased by 50%, according to BlockShopper.com.
From January through June of 2019, there were nine homes sold, with a median sale price of $390,000 – a 20% increase over the $325,000 median sale price for the same period of the previous year. There were six homes sold in Riverland Terrace in the first half of 2018.
The median sales tax in Riverland Terrace for the most recent year with available data, 2015, was $1,632, approximately 0.4% of the median home sale price for the first half of 2019.
The following table compares Riverland Terrace to other Charleston County cities with similar median sales prices in the first half of 2019:
| City | Jan. – June 2019 Home Sales | Jan. – June 2018 Home Sales | % change (Total Home Sales) | Jan. – June 2019 Median Sales Price | Jan. – June 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mount Pleasant | 579 | 692 | -16.3% | $440,000 | $426,721 | 3.1% |
| Edgewater Park | 4 | 6 | -33.3% | $427,500 | $731,108.50 | -41.5% |
| Edisto Island | 11 | 9 | 22.2% | $423,000 | $460,000 | -8% |
| Chesterfield | 2 | 2 | 0% | $420,000 | $275,000 | 52.7% |
| Ashley Forest | 6 | 5 | 20% | $413,500 | $380,000 | 8.8% |
| Riverland Terrace | 9 | 6 | 50% | $390,000 | $325,000 | 20% |
| Laurel Park | 2 | 3 | -33.3% | $389,000 | $370,000 | 5.1% |
| McClellanville | 8 | 9 | -11.1% | $383,260 | $259,950 | 47.4% |
| Capri Isles | 4 | 1 | 300% | $343,750 | $350,000 | -1.8% |
| Plantation Estates | 2 | 3 | -33.3% | $342,500 | $232,000 | 47.6% |
| James Island | 70 | 94 | -25.5% | $312,500 | $288,600 | 8.3% |
