In April 2019, there were 26 homes sold, with a median sale price of $827,401 - a 20.8% increase over the $685,000 median sale price for the same period of the previous year. There were 33 homes sold in Isle of Palms in April 2018.
The median sales tax in Isle of Palms for the most recent year with available data, 2015, was $5,408, approximately 0.7% of the median home sale price for April 2019.
The following table compares Isle of Palms 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% |