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Tuesday, September 24, 2024

Kiawah Island home prices fall in March 2019

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The median sale price of a home sold in March 2019 in Kiawah Island fell by $276,250 while total sales decreased by 81.3%, according to BlockShopper.com.

In March 2019, there were three homes sold, with a median sale price of $440,000 - a 38.6% decrease over the $716,250 median sale price for the same period of the previous year. There were 16 homes sold in Kiawah Island in March 2018.

The median sales tax in Kiawah Island for the most recent year with available data, 2015, was $8,132, approximately 1.8% of the median home sale price for March 2019.

The following table compares Kiawah Island to other Charleston County cities with similar median sales prices in March 2019:

CityMar. 2019 Home SalesMar. 2018 Home Sales% change (Total Home Sales)Mar. 2019 Median Sales PriceMar. 2018 Median Sales Price% change (Median Sales Price)
Sullivan's Island48-50%$1,905,000$1,932,500-1.4%
Isle of Palms2033-39.4%$966,250$774,00024.8%
McClellanville330%$865,000$24,0003504.2%
Folly Beach6520%$536,250$750,000-28.5%
Edisto Island51400%$475,000$660,000-28%
Kiawah Island316-81.3%$440,000$716,250-38.6%
Mount Pleasant97176-44.9%$430,000$379,00013.5%
Ashley Forest110%$395,000$370,0006.8%
Ravenel13-66.7%$375,000$210,00078.6%
Laurel Park110%$375,000$370,0001.4%
Meggett10-$365,000$0-

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