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Monday, November 25, 2024

Adams Run home prices fall in March 2017

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The median sale price of a home sold in March 2017 in Adams Run fell by $25,000 while total sales decreased by 37.5%, according to BlockShopper.com.

In March 2017, there were five homes sold, with a median sale price of $60,000 - a 29.4% decrease over the $85,000 median sale price for the same period of the previous year. There were eight homes sold in Adams Run in March 2016.

The median sales tax in Adams Run for the most recent year with available data, 2015, was $761, approximately 1.3% of the median home sale price for March 2017.

The following table compares Adams Run to other Charleston County cities with similar median sales prices in March 2017:

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Fenwick Hills41300%$192,500$200,000-3.8%
Melrose10-$191,850$0-
Summerville612-50%$187,250$171,2009.4%
Castlewood10-$180,000$0-
Long Branch Estates31200%$165,000$290,000-43.1%
Plantation Estates20-$138,970$0-
North Charleston80114-29.8%$127,100$120,4505.5%
Pierpont31200%$125,000$183,000-31.7%
Ladson610-40%$119,000$91,480.5030.1%
Ponderosa30-$115,500$0-
Adams Run58-37.5%$60,000$85,000-29.4%

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