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Monday, November 25, 2024

Seabrook Island home prices rise in June 2017

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The median sale price of a home sold in June 2017 in Seabrook Island rose by $89,750 while total sales increased by 10%, according to BlockShopper.com.

In June 2017, there were 22 homes sold, with a median sale price of $492,500 - a 22.3% increase over the $402,750 median sale price for the same period of the previous year. There were 20 homes sold in Seabrook Island in June 2016.

The median sales tax in Seabrook Island for the most recent year with available data, 2015, was $3,204, approximately 0.7% of the median home sale price for June 2017.

The following table compares Seabrook 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)
Sullivan's Island711-36.4%$2,800,000$1,400,000100%
Kiawah Island252119%$1,130,000$600,00088.3%
Folly Beach1117-35.3%$705,000$586,00020.3%
McClellanville13-66.7%$700,000$210,000233.3%
Isle of Palms2437-35.1%$697,500$675,0003.3%
Seabrook Island222010%$492,500$402,75022.3%
Hollywood69-33.3%$435,000$249,00074.7%
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%

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