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Monday, November 25, 2024

Ponderosa home prices rise in May 2017

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The median sale price of a home sold in May 2017 in Ponderosa rose by $45,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In May 2017, there were two homes sold, with a median sale price of $255,000 - a 21.7% increase over the $209,500 median sale price for the same period of the previous year. There were two homes sold in Ponderosa in May 2016, as well.

The median sales tax in Ponderosa for the most recent year with available data, 2015, was $736, approximately 0.3% of the median home sale price for May 2017.

The following table compares Ponderosa to other Charleston County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Capri Isles110%$290,000$231,50025.3%
Charleston282323-12.7%$284,500$265,0007.4%
Secessionville Acres10-$284,210$0-
James Island2130-30%$265,000$264,9500%
McClellanville13-66.7%$260,000$330,000-21.2%
Ponderosa220%$255,000$209,50021.7%
Long Branch Estates10-$252,500$0-
Hollywood63100%$240,000$227,5005.5%
Pierpont30-$239,900$0-
Laurel Park110%$230,000$344,900-33.3%
Plantation Estates20-$212,500$0-

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