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Palmetto State News

Wednesday, September 25, 2024

Mount Pleasant home prices fall in November 2018

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The median sale price of a home sold in November 2018 in Mount Pleasant fell by $27,500 while total sales decreased by 4.8%, according to BlockShopper.com.

In November 2018, there were 118 homes sold, with a median sale price of $398,500 - a 6.5% decrease over the $426,000 median sale price for the same period of the previous year. There were 124 homes sold in Mount Pleasant in November 2017.

The median sales tax in Mount Pleasant for the most recent year with available data, 2015, was $1,649, approximately 0.4% of the median home sale price for November 2018.

The following table compares Mount Pleasant to other Charleston County cities with similar median sales prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Capri Isles20-$595,000$0-
Edgewater Park20-$585,500$0-
Hollywood48-50%$520,000$155,000235.5%
Seabrook Island1114-21.4%$510,000$400,00027.5%
Ashley Forest10-$505,000$0-
Mount Pleasant118124-4.8%$398,500$426,000-6.5%
Whitehall Terrace10-$388,000$0-
James Island141216.7%$334,000$300,50011.1%
Awendaw20-$330,000$0-
McClellanville12-50%$329,000$784,550-58.1%
Chesterfield20-$314,000$0-

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