Quantcast

Palmetto State News

Wednesday, September 25, 2024

Charleston home prices fall in the second quarter of 2018

Re 7

The median sale price of a home sold in the second quarter of 2018 in Charleston fell by $1,600 while total sales decreased by 33.9%, according to BlockShopper.com.

From April through June of 2018, there were 508 homes sold, with a median sale price of $288,400 - a 0.6% decrease over the $290,000 median sale price for the same period of the previous year. There were 768 homes sold in Charleston in the second quarter of 2017.

The median sales tax in Charleston for the most recent year with available data, 2015, was $1,430, approximately 0.5% of the median home sale price for the second quarter of 2018.

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

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Chesterfield10-$360,000$0-
Capri Isles12-50%$350,000$267,50030.8%
Riverland Terrace25-60%$327,500$325,0000.8%
James Island3865-41.5%$317,000$297,0006.7%
Forest Lakes10-$299,900$0-
Charleston508768-33.9%$288,400$290,000-0.6%
Whitehall Terrace41300%$287,500$225,00027.8%
Hollywood1013-23.1%$284,500$245,00016.1%
Drayton24-50%$262,500$170,80053.7%
Landsdowne61500%$259,136$372,500-30.4%
Long Branch Estates13-66.7%$236,000$252,500-6.5%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS