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Wednesday, September 25, 2024

Riverland Terrace home prices rise in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Riverland Terrace rose by $2,500 while total sales decreased by 60%, according to BlockShopper.com.

From April through June of 2018, there were two homes sold, with a median sale price of $327,500 - a 0.8% increase over the $325,000 median sale price for the same period of the previous year. There were five homes sold in Riverland Terrace in the second quarter of 2017.

The median sales tax in Riverland Terrace for the most recent year with available data, 2015, was $1,632, approximately 0.5% of the median home sale price for the second quarter of 2018.

The following table compares Riverland Terrace 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)
Laurel Park220%$382,500$252,50051.5%
Ashley Forest34-25%$380,000$433,000-12.2%
North Pine Point30-$377,000$0-
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%

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