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Monday, November 25, 2024

Summerville home prices rise in March 2017

Realestate2

The median sale price of a home sold in March 2017 in Summerville rose by $16,050 while total sales decreased by 50%, according to BlockShopper.com.

In March 2017, there were six homes sold, with a median sale price of $187,250 - a 9.4% increase over the $171,200 median sale price for the same period of the previous year. There were 12 homes sold in Summerville in March 2016.

The median sales tax in Summerville for the most recent year with available data, 2015, was $862, approximately 0.5% of the median home sale price for March 2017.

The following table compares Summerville 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)
McClellanville23-33.3%$222,500$74,900197.1%
Ravenel3250%$195,000$167,50016.4%
Church Creek20-$192,500$0-
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%

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