Seabrook Island home prices fall in September 2017

Seabrook Island home prices fall in September 2017
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The median sale price of a home sold in September 2017 in Seabrook Island fell by $157,500 while total sales increased by 10%, according to BlockShopper.com.

In September 2017, there were 11 homes sold, with a median sale price of $400,000 – a 28.3% decrease over the $557,500 median sale price for the same period of the previous year. There were 10 homes sold in Seabrook Island in September 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 September 2017.

The following table compares Seabrook Island to other Charleston County cities with similar median sales prices in September 2017:

City Sept. 2017 Home Sales Sept. 2016 Home Sales % change (Total Home Sales) Sept. 2017 Median Sales Price Sept. 2016 Median Sales Price % change (Median Sales Price)
McClellanville 1 5 -80% $470,000 $23,000 1943.5%
Ashley Forest 1 2 -50% $430,000 $334,000 28.7%
Secessionville Acres 1 1 0% $430,000 $189,000 127.5%
Folly Beach 11 15 -26.7% $415,000 $468,000 -11.3%
Mount Pleasant 144 187 -23% $400,000 $375,000 6.7%
Seabrook Island 11 10 10% $400,000 $557,500 -28.3%
Whitehall Terrace 1 1 0% $355,000 $337,000 5.3%
Riverland Terrace 1 4 -75% $349,900 $402,500 -13.1%
Edgewater Park 1 2 -50% $320,000 $343,000 -6.7%
Forest Lakes 1 0 $290,000 $0
Laurel Park 1 2 -50% $280,000 $250,000 12%


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