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Monday, November 25, 2024

Riverland Terrace home prices fall in January 2017

Realestate077

The median sale price of a home sold in January 2017 in Riverland Terrace fell by $69,000 while total sales decreased by 50%, according to BlockShopper.com.

In January 2017, there were two homes sold, with a median sale price of $266,000 - a 20.6% decrease over the $335,000 median sale price for the same period of the previous year. There were four homes sold in Riverland Terrace in January 2016.

The median sales tax in Riverland Terrace for the most recent year with available data, 2015, was $1,632, approximately 0.6% of the median home sale price for January 2017.

The following table compares Riverland Terrace 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)
McClellanville31200%$349,000$774,500-54.9%
Chesterfield10-$335,000$0-
North Pine Point10-$318,000$0-
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-

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