In June 2018, there were three homes sold, with a median sale price of $1,841,088 - a 34.2% decrease over the $2,800,000 median sale price for the same period of the previous year. There were seven homes sold in Sullivan's Island in June 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 June 2018.
The following table compares Sullivan's Island to other Charleston County cities with similar median sales prices in June 2018:
City | June 2018 Home Sales | June 2017 Home Sales | % change (Total Home Sales) | June 2018 Median Sales Price | June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Sullivan's Island | 3 | 7 | -57.1% | $1,841,088 | $2,800,000 | -34.2% |
Edgewater Park | 2 | 0 | - | $802,075 | $0 | - |
Isle of Palms | 15 | 24 | -37.5% | $787,000 | $697,500 | 12.8% |
Kiawah Island | 13 | 25 | -48% | $780,000 | $1,130,000 | -31% |
Meggett | 1 | 1 | 0% | $557,500 | $178,000 | 213.2% |
Folly Beach | 4 | 11 | -63.6% | $497,500 | $705,000 | -29.4% |
Mount Pleasant | 115 | 227 | -49.3% | $490,000 | $430,000 | 14% |
Laurel Park | 1 | 1 | 0% | $365,000 | $275,000 | 32.7% |
Riverland Terrace | 2 | 1 | 100% | $327,500 | $325,000 | 0.8% |
Whitehall Terrace | 1 | 0 | - | $325,000 | $0 | - |
Seabrook Island | 13 | 22 | -40.9% | $317,000 | $492,500 | -35.6% |