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Saturday, September 28, 2024

Edisto Island home prices rise in June 2017

Realestate4

The median sale price of a home sold in June 2017 in Edisto Island rose by $122,200 while total sales decreased by 20%, according to BlockShopper.com.

In June 2017, there were four homes sold, with a median sale price of $322,000 - a 61.2% increase over the $199,800 median sale price for the same period of the previous year. There were five homes sold in Edisto Island in June 2016.

The median sales tax in Edisto Island for the most recent year with available data, 2015, was $1,668, approximately 0.5% of the median home sale price for June 2017.

The following table compares Edisto Island 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)
Mount Pleasant227277-18.1%$430,000$399,5007.6%
Landsdowne12-50%$372,500$180,000106.9%
Ashley Forest10-$340,000$0-
Riverland Terrace13-66.7%$325,000$393,700-17.4%
James Island2535-28.6%$325,000$256,00027%
Edisto Island45-20%$322,000$199,80061.2%
Charleston287393-27%$290,000$254,00014.2%
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%

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