In April 2019, there were seven homes sold, with a median sale price of $579,000 - a 14.4% decrease over the $676,250 median sale price for the same period of the previous year. There were 12 homes sold in Folly Beach in April 2018.
The median sales tax in Folly Beach for the most recent year with available data, 2015, was $4,233, approximately 0.7% of the median home sale price for April 2019.
The following table compares Folly Beach to other Charleston County cities with similar median sales prices in April 2019:
City | Apr. 2019 Home Sales | Apr. 2018 Home Sales | % change (Total Home Sales) | Apr. 2019 Median Sales Price | Apr. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Sullivan's Island | 1 | 8 | -87.5% | $2,095,000 | $2,098,400 | -0.2% |
Isle of Palms | 26 | 33 | -21.2% | $827,401 | $685,000 | 20.8% |
Kiawah Island | 15 | 13 | 15.4% | $650,000 | $505,000 | 28.7% |
Folly Beach | 7 | 12 | -41.7% | $579,000 | $676,250 | -14.4% |
Riverland Terrace | 5 | 0 | - | $505,000 | $0 | - |
McClellanville | 1 | 0 | - | $471,000 | $0 | - |
Mount Pleasant | 132 | 158 | -16.5% | $425,450 | $434,000 | -2% |
Edgewater Park | 1 | 2 | -50% | $425,000 | $731,108.50 | -41.9% |
Seabrook Island | 14 | 18 | -22.2% | $414,000 | $500,000 | -17.2% |
Capri Isles | 1 | 1 | 0% | $400,000 | $350,000 | 14.3% |
Hollywood | 3 | 3 | 0% | $380,000 | $269,000 | 41.3% |