In May 2017, there were five homes sold, with a median sale price of $133,000 - a 25% decrease over the $177,250 median sale price for the same period of the previous year. There were eight homes sold in Summerville in May 2016.
The median sales tax in Summerville for the most recent year with available data, 2015, was $862, approximately 0.6% of the median home sale price for May 2017.
The following table compares Summerville to other Charleston County cities with similar median sales prices in May 2017:
City | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Long Branch Estates | 1 | 0 | - | $252,500 | $0 | - |
Hollywood | 6 | 3 | 100% | $240,000 | $227,500 | 5.5% |
Pierpont | 3 | 0 | - | $239,900 | $0 | - |
Laurel Park | 1 | 1 | 0% | $230,000 | $344,900 | -33.3% |
Plantation Estates | 2 | 0 | - | $212,500 | $0 | - |
Drayton | 2 | 0 | - | $205,000 | $0 | - |
Lincolnville | 1 | 0 | - | $158,000 | $0 | - |
Summerville | 5 | 8 | -37.5% | $133,000 | $177,250 | -25% |
Ladson | 6 | 8 | -25% | $129,500 | $81,837 | 58.2% |
North Charleston | 99 | 121 | -18.2% | $118,500 | $138,000 | -14.1% |
Ravenel | 2 | 4 | -50% | $87,750 | $113,200 | -22.5% |