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Sunday, November 24, 2024

Kiawah Island home prices rise in October 2017

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The median sale price of a home sold in October 2017 in Kiawah Island rose by $45,000 while total sales increased by 30.8%, according to BlockShopper.com.

In October 2017, there were 17 homes sold, with a median sale price of $745,000 - a 6.4% increase over the $700,000 median sale price for the same period of the previous year. There were 13 homes sold in Kiawah Island in October 2016.

The median sales tax in Kiawah Island for the most recent year with available data, 2015, was $8,132, approximately 1.1% of the median home sale price for October 2017.

The following table compares Kiawah Island 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)
Edisto Island31200%$920,000$204,000351%
Meggett10-$900,000$0-
Sullivan's Island15-80%$820,000$1,660,000-50.6%
Edgewater Park10-$815,000$0-
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%

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