Secessionville Acres home prices fall in the first quarter of 2017

Secessionville Acres home prices fall in the first quarter of 2017
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The median sale price of a home sold in the first quarter of 2017 in Secessionville Acres fell by $51,000 while total sales decreased by 33.3%, according to BlockShopper.com.

From January through March of 2017, there were two homes sold, with a median sale price of $193,000 – a 20.9% decrease over the $244,000 median sale price for the same period of the previous year. There were three homes sold in Secessionville Acres in the first quarter of 2016.

The median sales tax in Secessionville Acres for the most recent year with available data, 2015, was $1,126, approximately 0.6% of the median home sale price for the first quarter of 2017.

The following table compares Secessionville Acres to other Charleston County cities with similar median sales prices in the first quarter of 2017:

City Jan. – Mar. 2017 Home Sales Jan. – Mar. 2016 Home Sales % change (Total Home Sales) Jan. – Mar. 2017 Median Sales Price Jan. – Mar. 2016 Median Sales Price % change (Median Sales Price)
James Island 63 77 -18.2% $265,000 $245,000 8.2%
McClellanville 7 7 0% $265,000 $134,500 97%
Drayton 2 2 0% $250,000 $220,750 13.3%
Landsdowne 4 1 300% $242,500 $250,000 -3%
Forest Lakes 1 1 0% $230,000 $229,900 0%
Secessionville Acres 2 3 -33.3% $193,000 $244,000 -20.9%
Fenwick Hills 4 2 100% $192,500 $200,000 -3.8%
Church Creek 2 3 -33.3% $192,500 $206,700 -6.9%
Castlewood 1 2 -50% $180,000 $109,000 65.1%
Summerville 16 21 -23.8% $172,500 $179,500 -3.9%
Melrose 3 1 200% $165,000 $202,800 -18.6%


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