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Thursday, November 7, 2024

Seabrook Island home prices rise in March 2017

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The median sale price of a home sold in March 2017 in Seabrook Island rose by $26,625 while total sales decreased by 6.7%, according to BlockShopper.com.

In March 2017, there were 14 homes sold, with a median sale price of $366,125 - a 7.8% increase over the $339,500 median sale price for the same period of the previous year. There were 15 homes sold in Seabrook Island in March 2016.

The median sales tax in Seabrook Island for the most recent year with available data, 2015, was $3,204, approximately 0.9% of the median home sale price for March 2017.

The following table compares Seabrook Island 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)
Isle of Palms282227.3%$661,250$776,094-14.8%
Folly Beach11683.3%$505,000$530,000-4.7%
Awendaw10-$450,000$0-
Ashley Forest42100%$446,250$330,00035.2%
Mount Pleasant150171-12.3%$385,000$350,00010%
Seabrook Island1415-6.7%$366,125$339,5007.8%
Laurel Park13-66.7%$330,000$328,0000.6%
James Island2326-11.5%$305,000$263,00016%
Hollywood38-62.5%$292,000$241,95020.7%
Edisto Island13-66.7%$292,000$180,00062.2%
Charleston227254-10.6%$278,000$239,00016.3%

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