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Palmetto State News

Wednesday, September 25, 2024

James Island home prices fall in July 2018

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The median sale price of a home sold in July 2018 in James Island fell by $11,500 while total sales increased by 45.5%, according to BlockShopper.com.

In July 2018, there were 16 homes sold, with a median sale price of $337,500 - a 3.3% decrease over the $349,000 median sale price for the same period of the previous year. There were 11 homes sold in James Island in July 2017.

The median sales tax in James Island for the most recent year with available data, 2015, was $1,253, approximately 0.4% of the median home sale price for July 2018.

The following table compares James Island 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)
Secessionville Acres10-$465,000$0-
Seabrook Island1115-26.7%$408,000$465,000-12.3%
Ravenel23-33.3%$398,500$42,307841.9%
North Pine Point10-$390,000$0-
Awendaw110%$350,000$275,00027.3%
James Island161145.5%$337,500$349,000-3.3%
Hollywood220%$328,500$239,00037.4%
Charleston181217-16.6%$300,000$310,000-3.2%
Meggett10-$295,000$0-
Edisto Island4333.3%$269,000$80,000236.3%
Drayton10-$265,000$0-

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