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Friday, November 15, 2024

Kiawah Island home prices fall in January 2018

Realestate1

The median sale price of a home sold in January 2018 in Kiawah Island fell by $67,500 while total sales increased by 37.5%, according to BlockShopper.com.

In January 2018, there were 11 homes sold, with a median sale price of $875,000 - a 7.2% decrease over the $942,500 median sale price for the same period of the previous year. There were eight homes sold in Kiawah Island in January 2017.

The median sales tax in Kiawah Island for the most recent year with available data, 2015, was $8,132, approximately 0.9% of the median home sale price for January 2018.

The following table compares Kiawah 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)
Sullivan's Island10-$3,295,000$0-
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%

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