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Wednesday, September 25, 2024

Kiawah Island home prices fall in June 2018

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The median sale price of a home sold in June 2018 in Kiawah Island fell by $350,000 while total sales decreased by 48%, according to BlockShopper.com.

In June 2018, there were 13 homes sold, with a median sale price of $780,000 - a 31% decrease over the $1,130,000 median sale price for the same period of the previous year. There were 25 homes sold in Kiawah Island in June 2017.

The median sales tax in Kiawah Island for the most recent year with available data, 2015, was $8,132, approximately 1% of the median home sale price for June 2018.

The following table compares Kiawah Island to other Charleston County cities with similar median sales prices in June 2018:

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Sullivan's Island37-57.1%$1,841,088$2,800,000-34.2%
Edgewater Park20-$802,075$0-
Isle of Palms1524-37.5%$787,000$697,50012.8%
Kiawah Island1325-48%$780,000$1,130,000-31%
Meggett110%$557,500$178,000213.2%
Folly Beach411-63.6%$497,500$705,000-29.4%
Mount Pleasant115227-49.3%$490,000$430,00014%
Laurel Park110%$365,000$275,00032.7%
Riverland Terrace21100%$327,500$325,0000.8%
Whitehall Terrace10-$325,000$0-
Seabrook Island1322-40.9%$317,000$492,500-35.6%

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