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Thursday, September 26, 2024

James Island home prices fall in January 2018

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The median sale price of a home sold in January 2018 in James Island fell by $18,843 while total sales decreased by 15%, according to BlockShopper.com.

In January 2018, there were 17 homes sold, with a median sale price of $281,600 - a 6.3% decrease over the $300,443 median sale price for the same period of the previous year. There were 20 homes sold in James Island in January 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 January 2018.

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

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Hollywood16-83.3%$660,000$374,95076%
Folly Beach550%$512,000$507,5000.9%
Seabrook Island8714.3%$432,250$420,0002.9%
Mount Pleasant97103-5.8%$415,000$353,00017.6%
Charleston146190-23.2%$327,500$283,40015.6%
James Island1720-15%$281,600$300,443-6.3%
Riverland Terrace12-50%$272,000$266,0002.3%
Edisto Island13-66.7%$235,000$239,362-1.8%
Church Creek10-$230,000$0-
Edgewater Park10-$200,000$0-
Summerville7540%$188,000$152,00023.7%

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