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Palmetto State News

Tuesday, September 24, 2024

Mount Pleasant home prices rise in June 2019

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The median sale price of a home sold in June 2019 in Mount Pleasant rose by $5,000 while total sales decreased by 26.1%, according to BlockShopper.com.

In June 2019, there were 85 homes sold, with a median sale price of $495,000 - a 1% increase over the $490,000 median sale price for the same period of the previous year. There were 115 homes sold in Mount Pleasant in June 2018.

The median sales tax in Mount Pleasant for the most recent year with available data, 2015, was $1,649, approximately 0.3% of the median home sale price for June 2019.

The following table compares Mount Pleasant to other Charleston County cities with similar median sales prices in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Folly Beach24-50%$774,950$497,50055.8%
Meggett110%$750,000$557,50034.5%
Seabrook Island14137.7%$602,375$317,00090%
Hollywood26-66.7%$542,000$257,500110.5%
Edisto Island12-50%$510,000$235,000117%
Mount Pleasant85115-26.1%$495,000$490,0001%
Ravenel110%$430,000$92,000367.4%
Charleston88150-41.3%$346,500$305,50013.4%
James Island12771.4%$327,500$260,00026%
Ashley Forest10-$295,000$0-
Summerville14-75%$185,000$182,7501.2%

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