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Wednesday, September 25, 2024

Summerville home prices rise in July 2018

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The median sale price of a home sold in July 2018 in Summerville rose by $26,050 while total sales increased by 25%, according to BlockShopper.com.

In July 2018, there were five homes sold, with a median sale price of $220,000 - a 13.4% increase over the $193,950 median sale price for the same period of the previous year. There were four homes sold in Summerville in July 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 July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Drayton10-$265,000$0-
Fenwick Hills110%$242,000$225,0007.6%
Melrose20-$237,500$0-
Church Creek21100%$228,700$180,77526.5%
Plantation Estates110%$220,000$120,00083.3%
Summerville5425%$220,000$193,95013.4%
Ponderosa21100%$191,000$213,000-10.3%
Pierpont30-$155,000$0-
North Charleston72720%$152,500$160,500-5%
Ladson15-80%$145,000$134,0008.2%
Adams Run21100%$91,250$74,00023.3%

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