Seabrook Island home prices rise in January 2018

Seabrook Island home prices rise in January 2018
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The median sale price of a home sold in January 2018 in Seabrook Island rose by $12,250 while total sales increased by 14.3%, according to BlockShopper.com.

In January 2018, there were eight homes sold, with a median sale price of $432,250 – a 2.9% increase over the $420,000 median sale price for the same period of the previous year. There were seven homes sold in Seabrook Island in January 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 January 2018.

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

City Jan. 2018 Home Sales Jan. 2017 Home Sales % change (Total Home Sales) Jan. 2018 Median Sales Price Jan. 2017 Median Sales Price % change (Median Sales Price)
Sullivan’s Island 1 0 $3,295,000 $0
Isle of Palms 14 22 -36.4% $1,395,500 $715,000 95.2%
Kiawah Island 11 8 37.5% $875,000 $942,500 -7.2%
Hollywood 1 6 -83.3% $660,000 $374,950 76%
Folly Beach 5 5 0% $512,000 $507,500 0.9%
Seabrook Island 8 7 14.3% $432,250 $420,000 2.9%
Mount Pleasant 97 103 -5.8% $415,000 $353,000 17.6%
Charleston 146 190 -23.2% $327,500 $283,400 15.6%
James Island 17 20 -15% $281,600 $300,443 -6.3%
Riverland Terrace 1 2 -50% $272,000 $266,000 2.3%
Edisto Island 1 3 -66.7% $235,000 $239,362 -1.8%


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