The median sale price of a home sold in February 2017 in Seabrook Island fell by $82,294 while total sales decreased by 38.5%, according to BlockShopper.com.
In February 2017, there were eight homes sold, with a median sale price of $420,000 – a 16.4% decrease over the $502,294 median sale price for the same period of the previous year. There were 13 homes sold in Seabrook Island in February 2016.
The median sales tax in Seabrook Island for the most recent year with available data, 2015, was $3,204, approximately 0.8% of the median home sale price for February 2017.
The following table compares Seabrook Island to other Charleston County cities with similar median sales prices in February 2017:
| City | Feb. 2017 Home Sales | Feb. 2016 Home Sales | % change (Total Home Sales) | Feb. 2017 Median Sales Price | Feb. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan’s Island | 5 | 7 | -28.6% | $1,500,000 | $1,200,000 | 25% |
| Isle of Palms | 20 | 24 | -16.7% | $737,500 | $649,500 | 13.5% |
| Folly Beach | 6 | 10 | -40% | $687,500 | $475,000 | 44.7% |
| Kiawah Island | 9 | 12 | -25% | $650,000 | $966,000 | -32.7% |
| Seabrook Island | 8 | 13 | -38.5% | $420,000 | $502,294 | -16.4% |
| Mount Pleasant | 144 | 142 | 1.4% | $390,000 | $355,000 | 9.9% |
| Ashley Forest | 1 | 3 | -66.7% | $320,000 | $290,975 | 10% |
| Charleston | 162 | 207 | -21.7% | $263,750 | $243,900 | 8.1% |
| Drayton | 1 | 2 | -50% | $255,000 | $220,750 | 15.5% |
| James Island | 20 | 25 | -20% | $235,500 | $240,000 | -1.9% |
| Summerville | 5 | 6 | -16.7% | $170,000 | $202,250 | -15.9% |
