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Friday, November 15, 2024

Ponderosa home prices rise in December 2017

Re 12

The median sale price of a home sold in December 2017 in Ponderosa rose by $14,950 while total sales decreased by 50%, according to BlockShopper.com.

In December 2017, there were two homes sold, with a median sale price of $224,950 - a 7.1% increase over the $210,000 median sale price for the same period of the previous year. There were four homes sold in Ponderosa in December 2016.

The median sales tax in Ponderosa for the most recent year with available data, 2015, was $736, approximately 0.3% of the median home sale price for December 2017.

The following table compares Ponderosa to other Charleston County cities with similar median sales prices in December 2017:

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Charleston126244-48.4%$290,000$278,5004.1%
Laurel Park10-$275,000$0-
Drayton12-50%$250,000$235,9506%
James Island916-43.8%$249,350$263,000-5.2%
Seabrook Island121020%$249,000$332,500-25.1%
Ponderosa24-50%$224,950$210,0007.1%
Whitehall Terrace12-50%$189,100$372,535-49.2%
Castlewood10-$188,000$0-
Summerville7616.7%$181,500$167,4508.4%
Plantation Estates20-$163,500$0-
North Pine Point10-$160,000$0-

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