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Sunday, November 24, 2024

James Island home prices fall in September 2017

Realestate5

The median sale price of a home sold in September 2017 in James Island fell by $50,000 while total sales decreased by 26.3%, according to BlockShopper.com.

In September 2017, there were 14 homes sold, with a median sale price of $225,000 - a 18.2% decrease over the $275,000 median sale price for the same period of the previous year. There were 19 homes sold in James Island in September 2016.

The median sales tax in James Island for the most recent year with available data, 2015, was $1,253, approximately 0.6% of the median home sale price for September 2017.

The following table compares James Island to other Charleston County cities with similar median sales prices in September 2017:

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Charleston182290-37.2%$256,000$255,0000.4%
Melrose110%$250,000$157,00059.2%
Fenwick Hills12-50%$247,000$80,000208.8%
Plantation Estates10-$240,000$0-
Church Creek110%$230,000$231,500-0.6%
James Island1419-26.3%$225,000$275,000-18.2%
Drayton20-$224,250$0-
Edisto Island220%$202,500$1,022,000-80.2%
Ravenel10-$200,000$0-
Capri Isles10-$194,501$0-
Summerville880%$173,500$164,9505.2%

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