Secessionville Acres home prices rise in the second half of 2019

Secessionville Acres home prices rise in the second half of 2019
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The median sale price of a home sold in the second half of 2019 in Secessionville Acres rose by $76,500 while total sales decreased by 50%, according to BlockShopper.com.

From July through December of 2019, there were two homes sold, with a median sale price of $371,500 – a 25.9% increase over the $295,000 median sale price for the same period of the previous year. There were four homes sold in Secessionville Acres in the second half of 2018.

The median sales tax in Secessionville Acres for 2019 was $1,416. In 2018, the median sales tax was $1,306. This marks an increase of 8.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.4%.

The following table compares Secessionville Acres to other Charleston County cities with similar median sales prices in the second half of 2019:

City July – Dec. 2019 Home Sales July – Dec. 2018 Home Sales % change (Total Home Sales) July – Dec. 2019 Median Sales Price July – Dec. 2018 Median Sales Price % change (Median Sales Price)
Edisto Island 10 16 -37.5% $498,950 $304,450 63.9%
Whitehall Terrace 4 5 -20% $487,120 $375,000 29.9%
Mount Pleasant 950 797 19.2% $425,000 $431,250 -1.4%
McClellanville 16 10 60% $425,000 $302,000 40.7%
Ashley Forest 4 6 -33.3% $377,500 $445,000 -15.2%
Secessionville Acres 2 4 -50% $371,500 $295,000 25.9%
Hollywood 39 35 11.4% $347,000 $315,000 10.2%
Meggett 14 6 133.3% $344,625 $454,500 -24.2%
Cedar Springs 3 3 0% $340,000 $289,500 17.4%
Ravenel 11 11 0% $339,000 $180,000 88.3%
James Island 69 80 -13.8% $329,000 $315,500 4.3%


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