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Saturday, September 28, 2024

Adams Run home prices fall in June 2017

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The median sale price of a home sold in June 2017 in Adams Run fell by $32,500 while total sales increased by 66.7%, according to BlockShopper.com.

In June 2017, there were five homes sold, with a median sale price of $57,500 - a 36.1% decrease over the $90,000 median sale price for the same period of the previous year. There were three homes sold in Adams Run in June 2016.

The median sales tax in Adams Run for the most recent year with available data, 2015, was $761, approximately 1.3% of the median home sale price for June 2017.

The following table compares Adams Run to other Charleston County cities with similar median sales prices in June 2017:

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Long Branch Estates12-50%$260,000$179,50044.8%
Capri Isles10-$245,000$0-
Fenwick Hills31200%$234,900$31,000657.7%
Plantation Estates13-66.7%$230,000$207,00011.1%
Summerville67-14.3%$221,500$161,00037.6%
Meggett10-$178,000$0-
Drayton110%$167,600$290,000-42.2%
Ravenel12-50%$159,000$192,870-17.6%
North Charleston101117-13.7%$115,000$104,00010.6%
Ladson46-33.3%$92,000$106,000-13.2%
Adams Run5366.7%$57,500$90,000-36.1%

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