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Thursday, September 26, 2024

Edgewater Park home prices rise in April 2018

Re 13

The median sale price of a home sold in April 2018 in Edgewater Park rose by $411,859 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In April 2018, there were two homes sold, with a median sale price of $731,109 - a 129% increase over the $319,250 median sale price for the same period of the previous year. There were two homes sold in Edgewater Park in April 2017, as well.

The median sales tax in Edgewater Park for the most recent year with available data, 2015, was $2,942, approximately 0.4% of the median home sale price for April 2018.

The following table compares Edgewater Park to other Charleston County cities with similar median sales prices in April 2018:

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Sullivan's Island84100%$2,098,400$1,437,50046%
Edgewater Park220%$731,108.50$319,250129%
Edisto Island46-33.3%$701,500$610,00015%
Isle of Palms331973.7%$685,000$630,0008.7%
Folly Beach1214-14.3%$676,250$630,5007.3%
Meggett3250%$550,000$571,250-3.7%
Kiawah Island13862.5%$505,000$676,250-25.3%
Seabrook Island181338.5%$500,000$525,000-4.8%
Mount Pleasant15814310.5%$434,000$420,0003.3%
Laurel Park10-$400,000$0-
Ashley Forest3250%$380,000$433,000-12.2%

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