Quantcast

Palmetto State News

Monday, November 25, 2024

Kiawah Island home prices rise in January 2017

Realestate1

The median sale price of a home sold in January 2017 in Kiawah Island rose by $622,500 while total sales increased by 60%, according to BlockShopper.com.

In January 2017, there were eight homes sold, with a median sale price of $942,500 - a 194.5% increase over the $320,000 median sale price for the same period of the previous year. There were five homes sold in Kiawah Island in January 2016.

The median sales tax in Kiawah Island for the most recent year with available data, 2015, was $8,132, approximately 0.9% of the median home sale price for January 2017.

The following table compares Kiawah 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%

MORE NEWS