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Thursday, November 14, 2024

James Island home prices rise in January 2019

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The median sale price of a home sold in January 2019 in James Island rose by $113,400 while total sales decreased by 64.7%, according to BlockShopper.com.

In January 2019, there were six homes sold, with a median sale price of $395,000 - a 40.3% increase over the $281,600 median sale price for the same period of the previous year. There were 17 homes sold in James Island in January 2018.

The median sales tax in James Island for the most recent year with available data, 2015, was $1,253, approximately 0.3% of the median home sale price for January 2019.

The following table compares James Island 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)
Mount Pleasant6697-32%$502,500$415,00021.1%
Edgewater Park110%$480,000$200,000140%
Ravenel110%$417,143$30,0001290.5%
Forest Lakes10-$397,000$0-
Plantation Estates10-$395,000$0-
James Island617-64.7%$395,000$281,60040.3%
Riverland Terrace110%$390,000$272,00043.4%
Seabrook Island58-37.5%$385,000$432,250-10.9%
Folly Beach25-60%$378,500$512,000-26.1%
McClellanville20-$301,250$0-
Ashley Forest10-$301,000$0-

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