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Thursday, November 14, 2024

Charleston home prices fall in January 2019

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The median sale price of a home sold in January 2019 in Charleston fell by $41,250 while total sales decreased by 32.9%, according to BlockShopper.com.

In January 2019, there were 98 homes sold, with a median sale price of $286,250 - a 12.6% decrease over the $327,500 median sale price for the same period of the previous year. There were 146 homes sold in Charleston in January 2018.

The median sales tax in Charleston for the most recent year with available data, 2015, was $1,430, approximately 0.5% of the median home sale price for January 2019.

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

CityJan. 2019 Home SalesJan. 2018 Home Sales% change (Total Home Sales)Jan. 2019 Median Sales PriceJan. 2018 Median Sales Price% change (Median Sales Price)
Folly Beach25-60%$378,500$512,000-26.1%
McClellanville20-$301,250$0-
Ashley Forest10-$301,000$0-
Secessionville Acres10-$300,000$0-
Long Branch Estates10-$288,000$0-
Charleston98146-32.9%$286,250$327,500-12.6%
North Pine Point10-$265,000$0-
Landsdowne20-$264,250$0-
Capri Isles20-$262,500$0-
Pierpont10-$235,000$0-
Lincolnville10-$208,000$0-

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