Seabrook Island home prices fall in June 2018

Seabrook Island home prices fall in June 2018
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The median sale price of a home sold in June 2018 in Seabrook Island fell by $175,500 while total sales decreased by 40.9%, according to BlockShopper.com.

In June 2018, there were 13 homes sold, with a median sale price of $317,000 – a 35.6% decrease over the $492,500 median sale price for the same period of the previous year. There were 22 homes sold in Seabrook Island in June 2017.

The median sales tax in Seabrook Island for the most recent year with available data, 2015, was $3,204, approximately 1% of the median home sale price for June 2018.

The following table compares Seabrook Island to other Charleston County cities with similar median sales prices in June 2018:

City June 2018 Home Sales June 2017 Home Sales % change (Total Home Sales) June 2018 Median Sales Price June 2017 Median Sales Price % change (Median Sales Price)
Folly Beach 4 11 -63.6% $497,500 $705,000 -29.4%
Mount Pleasant 115 227 -49.3% $490,000 $430,000 14%
Laurel Park 1 1 0% $365,000 $275,000 32.7%
Riverland Terrace 2 1 100% $327,500 $325,000 0.8%
Whitehall Terrace 1 0 $325,000 $0
Seabrook Island 13 22 -40.9% $317,000 $492,500 -35.6%
Charleston 150 287 -47.7% $305,500 $290,000 5.3%
Landsdowne 1 1 0% $300,000 $372,500 -19.5%
McClellanville 2 1 100% $291,750 $700,000 -58.3%
James Island 7 25 -72% $260,000 $325,000 -20%
Hollywood 6 6 0% $257,500 $435,000 -40.8%


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