In February 2017, there were five homes sold, with a median sale price of $170,000 - a 15.9% decrease over the $202,250 median sale price for the same period of the previous year. There were six homes sold in Summerville in February 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 February 2017.
The following table compares Summerville to other Charleston County cities with similar median sales prices in February 2017:
City | Feb. 2017 Home Sales | Feb. 2016 Home Sales | % change (Total Home Sales) | Feb. 2017 Median Sales Price | Feb. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Mount Pleasant | 144 | 142 | 1.4% | $390,000 | $355,000 | 9.9% |
Ashley Forest | 1 | 3 | -66.7% | $320,000 | $290,975 | 10% |
Charleston | 162 | 207 | -21.7% | $263,750 | $243,900 | 8.1% |
Drayton | 1 | 2 | -50% | $255,000 | $220,750 | 15.5% |
James Island | 20 | 25 | -20% | $235,500 | $240,000 | -1.9% |
Summerville | 5 | 6 | -16.7% | $170,000 | $202,250 | -15.9% |
Melrose | 1 | 1 | 0% | $165,000 | $202,800 | -18.6% |
Plantation Estates | 2 | 0 | - | $152,200 | $0 | - |
Ladson | 1 | 5 | -80% | $143,000 | $110,000 | 30% |
McClellanville | 2 | 3 | -33.3% | $121,000 | $260,000 | -53.5% |
Adams Run | 2 | 4 | -50% | $118,500 | $117,657 | 0.7% |