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Thursday, September 26, 2024

James Island home prices rise in February 2018

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The median sale price of a home sold in February 2018 in James Island rose by $24,500 while total sales decreased by 25%, according to BlockShopper.com.

In February 2018, there were 15 homes sold, with a median sale price of $260,000 - a 10.4% increase over the $235,500 median sale price for the same period of the previous year. There were 20 homes sold in James Island in February 2017.

The median sales tax in James Island for the most recent year with available data, 2015, was $1,253, approximately 0.5% of the median home sale price for February 2018.

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

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Riverland Terrace20-$357,000$0-
Awendaw10-$335,000$0-
Seabrook Island10825%$302,500$420,000-28%
Charleston135162-16.7%$275,000$263,7504.3%
McClellanville3250%$262,500$121,000116.9%
James Island1520-25%$260,000$235,50010.4%
Adams Run220%$245,000$118,500106.8%
Drayton21100%$241,000$255,000-5.5%
Summerville35-40%$195,000$170,00014.7%
Landsdowne10-$195,000$0-
Church Creek10-$190,000$0-

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