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Monday, November 25, 2024

Mount Pleasant home prices rise in March 2017

Re 11

The median sale price of a home sold in March 2017 in Mount Pleasant rose by $35,000 while total sales decreased by 12.3%, according to BlockShopper.com.

In March 2017, there were 150 homes sold, with a median sale price of $385,000 - a 10% increase over the $350,000 median sale price for the same period of the previous year. There were 171 homes sold in Mount Pleasant in March 2016.

The median sales tax in Mount Pleasant for the most recent year with available data, 2015, was $1,649, approximately 0.4% of the median home sale price for March 2017.

The following table compares Mount Pleasant 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)
Kiawah Island181428.6%$662,000$581,25013.9%
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%

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