In January 2019, there were seven homes sold, with a median sale price of $910,000 - a 34.8% decrease over the $1,395,500 median sale price for the same period of the previous year. There were 14 homes sold in Isle of Palms in January 2018.
The median sales tax in Isle of Palms for the most recent year with available data, 2015, was $5,408, approximately 0.6% of the median home sale price for January 2019.
The following table compares Isle of Palms to other Charleston County cities with similar median sales prices in January 2019:
| City | Jan. 2019 Home Sales | Jan. 2018 Home Sales | % change (Total Home Sales) | Jan. 2019 Median Sales Price | Jan. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan's Island | 4 | 1 | 300% | $1,663,437.50 | $3,295,000 | -49.5% |
| Isle of Palms | 7 | 14 | -50% | $910,000 | $1,395,500 | -34.8% |
| Meggett | 1 | 0 | - | $890,000 | $0 | - |
| Kiawah Island | 10 | 11 | -9.1% | $657,500 | $875,000 | -24.9% |
| Mount Pleasant | 66 | 97 | -32% | $502,500 | $415,000 | 21.1% |
| Edgewater Park | 1 | 1 | 0% | $480,000 | $200,000 | 140% |
| Ravenel | 1 | 1 | 0% | $417,143 | $30,000 | 1290.5% |
| Forest Lakes | 1 | 0 | - | $397,000 | $0 | - |
| Plantation Estates | 1 | 0 | - | $395,000 | $0 | - |
| James Island | 6 | 17 | -64.7% | $395,000 | $281,600 | 40.3% |
| Riverland Terrace | 1 | 1 | 0% | $390,000 | $272,000 | 43.4% |
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