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Tuesday, September 24, 2024

McClellanville home prices rise in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in McClellanville rose by $75,725 while total sales increased by 16.7%, according to BlockShopper.com.

From January through March of 2019, there were seven homes sold, with a median sale price of $320,000 - a 31% increase over the $244,275 median sale price for the same period of the previous year. There were six homes sold in McClellanville in the first quarter of 2018.

The median sales tax in McClellanville for the most recent year with available data, 2015, was $864, approximately 0.3% of the median home sale price for the first quarter of 2019.

The following table compares McClellanville to other Charleston County cities with similar median sales prices in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Plantation Estates10-$395,000$0-
Laurel Park21100%$389,000$370,0005.1%
Ravenel35-40%$375,000$140,000167.9%
Meggett30-$365,000$0-
Seabrook Island2231-29%$352,500$284,00024.1%
McClellanville7616.7%$320,000$244,27531%
Forest Lakes21100%$313,500$395,000-20.6%
James Island3656-35.7%$312,500$275,00013.6%
Riverland Terrace34-25%$312,000$308,5001.1%
Secessionville Acres110%$300,000$680,807-55.9%
Charleston363512-29.1%$296,000$296,500-0.2%

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