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Tuesday, September 24, 2024

James Island home prices rise in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in James Island rose by $4,000 while total sales increased by 16.7%, according to BlockShopper.com.

From October through December of 2018, there were 35 homes sold, with a median sale price of $318,000 - a 1.3% increase over the $314,000 median sale price for the same period of the previous year. There were 30 homes sold in James Island in the fourth quarter of 2017.

The median sales tax in James Island for the most recent year with available data, 2015, was $1,253, approximately 0.4% of the median home sale price for the fourth quarter of 2018.

The following table compares James Island to other Charleston County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Riverland Terrace24-50%$395,000$469,000-15.8%
Whitehall Terrace21100%$381,500$189,100101.7%
Melrose10-$375,000$0-
McClellanville6450%$339,500$247,05037.4%
Awendaw21100%$330,000$154,000114.3%
James Island353016.7%$318,000$314,0001.3%
Chesterfield20-$314,000$0-
Long Branch Estates110%$291,000$165,00076.4%
Landsdowne23-33.3%$281,250$275,0002.3%
Edisto Island6520%$277,125$920,000-69.9%
Charleston394399-1.3%$270,000$282,000-4.3%

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