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Wednesday, September 25, 2024

McClellanville home prices fall in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in McClellanville fell by $223,000 while total sales decreased by 20%, according to BlockShopper.com.

From July through September of 2018, there were four homes sold, with a median sale price of $222,000 - a 50.1% decrease over the $445,000 median sale price for the same period of the previous year. There were five homes sold in McClellanville in the third quarter of 2017.

The median sales tax in McClellanville for the most recent year with available data, 2015, was $864, approximately 0.4% of the median home sale price for the third quarter of 2018.

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

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
North Pine Point20-$284,000$0-
Hollywood89-11.1%$267,000$390,000-31.5%
Fenwick Hills12-50%$242,000$236,0002.5%
Church Creek23-33.3%$228,700$230,000-0.6%
Melrose3250%$224,900$207,5008.4%
McClellanville45-20%$222,000$445,000-50.1%
Plantation Estates12-50%$220,000$180,00022.2%
Summerville820-60%$184,500$193,950-4.9%
Adams Run550%$160,250$140,00014.5%
Pierpont330%$155,000$163,057-4.9%
North Charleston212257-17.5%$154,000$135,00014.1%

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