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Palmetto State News

Tuesday, September 24, 2024

Riverland Terrace home prices fall in February 2019

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The median sale price of a home sold in February 2019 in Riverland Terrace fell by $58,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In February 2019, there were two homes sold, with a median sale price of $298,500 - a 16.4% decrease over the $357,000 median sale price for the same period of the previous year. There were two homes sold in Riverland Terrace in February 2018, as well.

The median sales tax in Riverland Terrace for the most recent year with available data, 2015, was $1,632, approximately 0.5% of the median home sale price for February 2019.

The following table compares Riverland Terrace to other Charleston County cities with similar median sales prices in February 2019:

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Laurel Park10-$403,000$0-
Mount Pleasant927326%$366,000$439,000-16.6%
Meggett10-$315,000$0-
Long Branch Estates110%$303,750$120,000153.1%
Charleston110135-18.5%$300,000$275,0009.1%
Riverland Terrace220%$298,500$357,000-16.4%
McClellanville23-33.3%$290,000$262,50010.5%
Hollywood4333.3%$286,500$12,0002287.5%
Seabrook Island710-30%$262,000$302,500-13.4%
Edisto Island20-$256,500$0-
Lincolnville10-$254,000$0-

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