Quantcast

Palmetto State News

Sunday, September 22, 2024

Meggett home prices rise in the fourth quarter of 2018

Realestate3

The median sale price of a home sold in the fourth quarter of 2018 in Meggett rose by $104,436 while total sales increased by 33.3%, according to BlockShopper.com.

From October through December of 2018, there were four homes sold, with a median sale price of $632,000 - a 19.8% increase over the $527,564 median sale price for the same period of the previous year. There were three homes sold in Meggett in the fourth quarter of 2017.

The median sales tax in Meggett for the most recent year with available data, 2015, was $1,763, approximately 0.3% of the median home sale price for the fourth quarter of 2018.

The following table compares Meggett 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)
Sullivan's Island10742.9%$1,700,000$2,100,000-19%
Kiawah Island4041-2.4%$942,500$740,00027.4%
Folly Beach2813115.4%$741,500$770,000-3.7%
Isle of Palms3249-34.7%$729,250$715,0002%
Edgewater Park330%$645,000$445,00044.9%
Meggett4333.3%$632,000$527,56419.8%
Capri Isles220%$595,000$416,75042.8%
Hollywood712-41.7%$585,000$225,000160%
North Pine Point110%$539,000$160,000236.9%
Secessionville Acres10-$500,000$0-
Ashley Forest40-$475,000$0-

MORE NEWS