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Thursday, September 26, 2024

Mount Pleasant home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Mount Pleasant rose by $62,000 while total sales decreased by 5.8%, according to BlockShopper.com.

In January 2018, there were 97 homes sold, with a median sale price of $415,000 - a 17.6% increase over the $353,000 median sale price for the same period of the previous year. There were 103 homes sold in Mount Pleasant in January 2017.

The median sales tax in Mount Pleasant for the most recent year with available data, 2015, was $1,649, approximately 0.4% of the median home sale price for January 2018.

The following table compares Mount Pleasant 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)
Isle of Palms1422-36.4%$1,395,500$715,00095.2%
Kiawah Island11837.5%$875,000$942,500-7.2%
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-

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