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Monday, November 25, 2024

Kiawah Island home prices fall in May 2017

Realestate077

The median sale price of a home sold in May 2017 in Kiawah Island fell by $145,000 while total sales decreased by 24%, according to BlockShopper.com.

In May 2017, there were 19 homes sold, with a median sale price of $805,000 - a 15.3% decrease over the $950,000 median sale price for the same period of the previous year. There were 25 homes sold in Kiawah Island in May 2016.

The median sales tax in Kiawah Island for the most recent year with available data, 2015, was $8,132, approximately 1% of the median home sale price for May 2017.

The following table compares Kiawah Island 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)
Sullivan's Island9728.6%$1,325,000$931,00042.3%
Kiawah Island1925-24%$805,000$950,000-15.3%
Edisto Island330%$750,000$338,000121.9%
Isle of Palms2628-7.1%$650,000$1,022,500-36.4%
Folly Beach1112-8.3%$568,000$532,5006.7%
Ashley Forest14-75%$495,000$308,50060.5%
Mount Pleasant207237-12.7%$435,000$400,0008.8%
Seabrook Island231376.9%$375,000$649,000-42.2%
Meggett41300%$321,000$90,000256.7%
Riverland Terrace21100%$309,500$532,000-41.8%
Capri Isles110%$290,000$231,50025.3%

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