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Palmetto State News

Sunday, November 24, 2024

Meggett home prices rise in August 2017

Re 13

The median sale price of a home sold in August 2017 in Meggett rose by $45,250 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In August 2017, there were two homes sold, with a median sale price of $492,250 - a 10.1% increase over the $447,000 median sale price for the same period of the previous year. There were two homes sold in Meggett in August 2016, as well.

The median sales tax in Meggett for the most recent year with available data, 2015, was $1,763, approximately 0.4% of the median home sale price for August 2017.

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

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
McClellanville220%$847,500$230,000268.5%
Edgewater Park10-$770,000$0-
Isle of Palms17170%$750,000$750,0000%
Folly Beach11922.2%$550,000$625,000-12%
Seabrook Island1214-14.3%$512,500$425,00020.6%
Meggett220%$492,250$447,00010.1%
Mount Pleasant113216-47.7%$455,000$375,00021.3%
Hollywood440%$382,125$253,75050.6%
Forest Lakes20-$323,000$0-
Riverland Terrace110%$315,000$281,00012.1%
James Island1024-58.3%$294,500$288,4502.1%

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