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Palmetto State News

Wednesday, November 6, 2024

Seabrook Island home prices rise in January 2017

Realestate3

The median sale price of a home sold in January 2017 in Seabrook Island rose by $21,251 while total sales increased by 75%, according to BlockShopper.com.

In January 2017, there were seven homes sold, with a median sale price of $420,000 - a 5.3% increase over the $398,750 median sale price for the same period of the previous year. There were four homes sold in Seabrook Island in January 2016.

The median sales tax in Seabrook Island for the most recent year with available data, 2015, was $3,204, approximately 0.8% of the median home sale price for January 2017.

The following table compares Seabrook 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)
Kiawah Island8560%$942,500$320,000194.5%
Isle of Palms226266.7%$715,000$607,50017.7%
Folly Beach514-64.3%$507,500$423,40019.9%
Seabrook Island7475%$420,000$398,749.505.3%
Hollywood67-14.3%$374,950$225,00066.6%
Meggett42100%$365,000$366,500-0.4%
Mount Pleasant103113-8.8%$353,000$378,000-6.6%
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%

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