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Sunday, November 24, 2024

Summerville home prices fall in November 2017

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The median sale price of a home sold in November 2017 in Summerville fell by $3,500 while total sales decreased by 75%, according to BlockShopper.com.

In November 2017, there were two homes sold, with a median sale price of $161,500 - a 2.1% decrease over the $165,000 median sale price for the same period of the previous year. There were eight homes sold in Summerville in November 2016.

The median sales tax in Summerville for the most recent year with available data, 2015, was $862, approximately 0.5% of the median home sale price for November 2017.

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

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Ponderosa20-$251,000$0-
Plantation Estates10-$236,000$0-
Church Creek12-50%$230,000$190,00021.1%
Forest Lakes10-$210,000$0-
Lincolnville10-$176,500$0-
Pierpont21100%$168,500$169,900-0.8%
Summerville28-75%$161,500$165,000-2.1%
Hollywood82300%$155,000$445,500-65.2%
Ladson440%$150,000$94,00059.6%
North Charleston6888-22.7%$134,892.50$107,00026.1%
Adams Run12-50%$56,700$99,950-43.3%

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