Seabrook Island home prices rise in 2018

Seabrook Island home prices rise in 2018
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The median sale price of a home sold in 2018 in Seabrook Island rose by $8,500 while total sales decreased by 14.1%, according to BlockShopper.com.

From January through December of 2018, there were 140 homes sold, with a median sale price of $427,500 – a 2% increase over the $419,000 median sale price for the previous year. There were 163 homes sold in Seabrook Island in 2017.

The median sales tax in Seabrook Island for the most recent year with available data, 2015, was $3,204, approximately 0.7% of the median home sale price for 2018.

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

City Jan. – Dec. 2018 Home Sales Jan. – Dec. 2017 Home Sales % change (Total Home Sales) Jan. – Dec. 2018 Median Sales Price Jan. – Dec. 2017 Median Sales Price % change (Median Sales Price)
Folly Beach 78 99 -21.2% $676,250 $615,000 10%
Edgewater Park 9 7 28.6% $645,000 $400,000 61.3%
Meggett 10 18 -44.4% $585,750 $367,500 59.4%
Capri Isles 6 6 0% $474,500 $255,000 86.1%
Secessionville Acres 5 8 -37.5% $465,000 $260,450 78.5%
Seabrook Island 140 163 -14.1% $427,500 $419,000 2%
Mount Pleasant 1,346 1,704 -21% $425,000 $412,250 3.1%
Ashley Forest 10 12 -16.7% $417,500 $413,000 1.1%
North Pine Point 6 2 200% $383,500 $239,000 60.5%
Laurel Park 6 7 -14.3% $354,800 $275,000 29%
Forest Lakes 2 6 -66.7% $347,450 $240,000 44.8%


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