Quantcast

Palmetto State News

Wednesday, September 25, 2024

Summerville home prices rise in October 2018

Re 11

The median sale price of a home sold in October 2018 in Summerville rose by $56,000 while total sales decreased by 28.6%, according to BlockShopper.com.

In October 2018, there were five homes sold, with a median sale price of $209,500 - a 36.5% increase over the $153,500 median sale price for the same period of the previous year. There were seven homes sold in Summerville in October 2017.

The median sales tax in Summerville for the most recent year with available data, 2015, was $862, approximately 0.4% of the median home sale price for October 2018.

The following table compares Summerville to other Charleston County cities with similar median sales prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
James Island15966.7%$280,000$410,000-31.7%
Edisto Island4333.3%$257,950$920,000-72%
Laurel Park10-$236,000$0-
Meggett110%$221,000$900,000-75.4%
Drayton20-$212,500$0-
Summerville57-28.6%$209,500$153,50036.5%
Ponderosa110%$197,000$40,000392.5%
North Charleston60583.4%$135,250$138,900-2.6%
Ladson21100%$100,000$100,0000%
Adams Run10-$75,000$0-
Wildwood21100%$65,000$115,000-43.5%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS