In February 2019, there were nine homes sold, with a median sale price of $779,000 - a 16.2% decrease over the $930,000 median sale price for the same period of the previous year. There were nine homes sold in Isle of Palms in February 2018, as well.
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 February 2019.
The following table compares Isle of Palms to other Charleston County cities with similar median sales prices in February 2019:
| City | Feb. 2019 Home Sales | Feb. 2018 Home Sales | % change (Total Home Sales) | Feb. 2019 Median Sales Price | Feb. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Kiawah Island | 1 | 6 | -83.3% | $3,000,000 | $1,822,500 | 64.6% |
| Sullivan's Island | 4 | 2 | 100% | $2,762,500 | $2,552,500 | 8.2% |
| Isle of Palms | 9 | 9 | 0% | $779,000 | $930,000 | -16.2% |
| Folly Beach | 7 | 5 | 40% | $619,000 | $450,000 | 37.6% |
| Ashley Forest | 1 | 1 | 0% | $432,000 | $450,000 | -4% |
| Capri Isles | 1 | 0 | - | $405,000 | $0 | - |
| Laurel Park | 1 | 0 | - | $403,000 | $0 | - |
| Mount Pleasant | 92 | 73 | 26% | $366,000 | $439,000 | -16.6% |
| Meggett | 1 | 0 | - | $315,000 | $0 | - |
| Long Branch Estates | 1 | 1 | 0% | $303,750 | $120,000 | 153.1% |
| Charleston | 110 | 135 | -18.5% | $300,000 | $275,000 | 9.1% |
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