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Sunday, November 24, 2024

Charleston home prices rise in July 2017

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The median sale price of a home sold in July 2017 in Charleston rose by $35,000 while total sales decreased by 32.2%, according to BlockShopper.com.

In July 2017, there were 217 homes sold, with a median sale price of $310,000 - a 12.7% increase over the $275,000 median sale price for the same period of the previous year. There were 320 homes sold in Charleston in July 2016.

The median sales tax in Charleston for the most recent year with available data, 2015, was $1,430, approximately 0.5% of the median home sale price for July 2017.

The following table compares Charleston 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)
Seabrook Island151315.4%$465,000$310,00050%
Mount Pleasant165198-16.7%$421,571$351,45020%
Ashley Forest110%$395,000$360,5009.6%
Riverland Terrace13-66.7%$384,150$443,000-13.3%
James Island1124-54.2%$349,000$269,00029.7%
Charleston217320-32.2%$310,000$275,00012.7%
Landsdowne220%$299,500$266,25012.5%
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-

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