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Tuesday, September 24, 2024

Ashley Forest home prices fall in the first quarter of 2019

Realestate3

The median sale price of a home sold in the first quarter of 2019 in Ashley Forest fell by $15,000 while total sales increased by 50%, according to BlockShopper.com.

From January through March of 2019, there were three homes sold, with a median sale price of $395,000 - a 3.7% decrease over the $410,000 median sale price for the same period of the previous year. There were two homes sold in Ashley Forest in the first quarter of 2018.

The median sales tax in Ashley Forest for the most recent year with available data, 2015, was $1,529, approximately 0.4% of the median home sale price for the first quarter of 2019.

The following table compares Ashley Forest 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)
Kiawah Island1433-57.6%$591,500$875,000-32.4%
Folly Beach15150%$535,000$660,000-18.9%
Edgewater Park31200%$430,000$200,000115%
Edisto Island72250%$423,000$447,500-5.5%
Mount Pleasant255346-26.3%$418,000$405,5003.1%
Ashley Forest3250%$395,000$410,000-3.7%
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%

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