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Sunday, November 24, 2024

Edisto Island home prices fall in July 2017

Realestate3

The median sale price of a home sold in July 2017 in Edisto Island fell by $315,500 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In July 2017, there were three homes sold, with a median sale price of $80,000 - a 79.8% decrease over the $395,500 median sale price for the same period of the previous year. There were three homes sold in Edisto Island in July 2016, as well.

The median sales tax in Edisto Island for the most recent year with available data, 2015, was $1,668, approximately 2.1% of the median home sale price for July 2017.

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

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Summerville411-63.6%$193,950$174,90010.9%
McClellanville26-66.7%$187,089.50$293,250-36.2%
Church Creek110%$180,775$194,500-7.1%
North Charleston72114-36.8%$160,500$113,00042%
Ladson510-50%$134,000$72,70084.3%
Plantation Estates110%$120,000$107,00012.1%
Edisto Island330%$80,000$395,500-79.8%
Adams Run12-50%$74,000$243,987.50-69.7%
Forest Lakes10-$71,940$0-
Ravenel30-$42,307$0-
Wildwood10-$15,000$0-

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