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Palmetto State News

Wednesday, November 6, 2024

Edisto Island home prices fall in January 2017

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The median sale price of a home sold in January 2017 in Edisto Island fell by $65,638 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In January 2017, there were three homes sold, with a median sale price of $239,362 - a 21.5% decrease over the $305,000 median sale price for the same period of the previous year. There were three homes sold in Edisto Island in January 2016, as well.

The median sales tax in Edisto Island for the most recent year with available data, 2015, was $1,668, approximately 0.7% of the median home sale price for January 2017.

The following table compares Edisto Island to other Charleston County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
James Island2026-23.1%$300,443$246,10022.1%
Charleston19015919.5%$283,400$267,0006.1%
Riverland Terrace24-50%$266,000$335,000-20.6%
Awendaw110%$244,000$120,000103.3%
Landsdowne10-$240,000$0-
Edisto Island330%$239,362$305,000-21.5%
Secessionville Acres20-$193,000$0-
Pierpont20-$160,500$0-
Summerville5366.7%$152,000$199,000-23.6%
North Charleston74714.2%$132,200$108,00022.4%
Ponderosa40-$128,500$0-

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