In August 2018, there were five homes sold, with a median sale price of $1,800,000 - a 8.9% increase over the $1,652,500 median sale price for the same period of the previous year. There were 10 homes sold in Sullivan's Island in August 2017.
The median sales tax in Sullivan's Island for the most recent year with available data, 2015, was $7,193, approximately 0.4% of the median home sale price for August 2018.
The following table compares Sullivan's Island to other Charleston County cities with similar median sales prices in August 2018:
| City | Aug. 2018 Home Sales | Aug. 2017 Home Sales | % change (Total Home Sales) | Aug. 2018 Median Sales Price | Aug. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan's Island | 5 | 10 | -50% | $1,800,000 | $1,652,500 | 8.9% |
| Kiawah Island | 14 | 4 | 250% | $899,750 | $1,100,000 | -18.2% |
| Isle of Palms | 15 | 17 | -11.8% | $890,000 | $750,000 | 18.7% |
| Seabrook Island | 11 | 12 | -8.3% | $750,000 | $512,500 | 46.3% |
| Folly Beach | 8 | 11 | -27.3% | $722,000 | $550,000 | 31.3% |
| McClellanville | 2 | 2 | 0% | $455,500 | $847,500 | -46.3% |
| Adams Run | 2 | 3 | -33.3% | $447,125 | $153,000 | 192.2% |
| Mount Pleasant | 149 | 113 | 31.9% | $417,000 | $455,000 | -8.4% |
| Whitehall Terrace | 2 | 0 | - | $397,450 | $0 | - |
| Ravenel | 2 | 0 | - | $395,500 | $0 | - |
| Riverland Terrace | 5 | 1 | 400% | $347,000 | $315,000 | 10.2% |
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