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Sunday, September 22, 2024

Seabrook Island home prices rise in December 2018

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The median sale price of a home sold in December 2018 in Seabrook Island rose by $56,000 while total sales decreased by 41.7%, according to BlockShopper.com.

In December 2018, there were seven homes sold, with a median sale price of $305,000 - a 22.5% increase over the $249,000 median sale price for the same period of the previous year. There were 12 homes sold in Seabrook Island in December 2017.

The median sales tax in Seabrook Island for the most recent year with available data, 2015, was $3,204, approximately 1.1% of the median home sale price for December 2018.

The following table compares Seabrook Island to other Charleston County cities with similar median sales prices in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Hollywood110%$585,000$415,00041%
Secessionville Acres10-$500,000$0-
Mount Pleasant61106-42.5%$385,000$430,375-10.5%
Whitehall Terrace110%$375,000$189,10098.3%
McClellanville20-$312,500$0-
Seabrook Island712-41.7%$305,000$249,00022.5%
James Island69-33.3%$303,000$249,35021.5%
Charleston86126-31.7%$282,500$290,000-2.6%
Riverland Terrace110%$275,000$583,000-52.8%
Summerville27-71.4%$211,500$181,50016.5%
Adams Run31200%$175,000$308,000-43.2%

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