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Sunday, November 24, 2024

Summerville home prices rise in July 2017

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The median sale price of a home sold in July 2017 in Summerville rose by $19,050 while total sales decreased by 63.6%, according to BlockShopper.com.

In July 2017, there were four homes sold, with a median sale price of $193,950 - a 10.9% increase over the $174,900 median sale price for the same period of the previous year. There were 11 homes sold in Summerville in July 2016.

The median sales tax in Summerville for the most recent year with available data, 2015, was $862, approximately 0.4% of the median home sale price for July 2017.

The following table compares Summerville 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)
Laurel Park20-$296,250$0-
Awendaw14-75%$275,000$697,500-60.6%
Hollywood28-75%$239,000$282,500-15.4%
Fenwick Hills10-$225,000$0-
Ponderosa14-75%$213,000$161,25032.1%
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%

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