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Thursday, November 7, 2024

Mount Pleasant home prices rise in October 2017

Re 9

The median sale price of a home sold in October 2017 in Mount Pleasant rose by $5,950 while total sales decreased by 50%, according to BlockShopper.com.

In October 2017, there were 78 homes sold, with a median sale price of $394,450 - a 1.5% increase over the $388,500 median sale price for the same period of the previous year. There were 156 homes sold in Mount Pleasant in October 2016.

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 October 2017.

The following table compares Mount Pleasant to other Charleston County cities with similar median sales prices in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Kiawah Island171330.8%$745,000$700,0006.4%
Isle of Palms1328-53.6%$615,000$743,750-17.3%
Folly Beach49-55.6%$497,950$456,0009.2%
Capri Isles21100%$416,750$860,000-51.5%
James Island914-35.7%$410,000$214,25091.4%
Mount Pleasant78156-50%$394,450$388,5001.5%
Riverland Terrace31200%$355,000$390,000-9%
Seabrook Island12850%$335,000$599,000-44.1%
Landsdowne12-50%$325,000$249,95030%
Charleston134198-32.3%$285,000$265,0007.5%
Hollywood3250%$240,000$146,00064.4%

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