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Sunday, November 24, 2024

Summerville home prices rise in June 2017

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The median sale price of a home sold in June 2017 in Summerville rose by $60,500 while total sales decreased by 14.3%, according to BlockShopper.com.

In June 2017, there were six homes sold, with a median sale price of $221,500 - a 37.6% increase over the $161,000 median sale price for the same period of the previous year. There were seven homes sold in Summerville in June 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 June 2017.

The following table compares Summerville 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)
Laurel Park10-$275,000$0-
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%

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