From October through December of 2017, there were 308 homes sold, with a median sale price of $423,500 - a 7.8% increase over the $393,000 median sale price for the same period of the previous year. There were 441 homes sold in Mount Pleasant in the fourth quarter of 2016.
The median sales tax in Mount Pleasant for the most recent year with available data, 2015, was $1,649, approximately 0.4% of the median home sale price for the fourth quarter of 2017.
The following table compares Mount Pleasant to other Charleston County cities with similar median sales prices in the fourth quarter of 2017:
City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Kiawah Island | 41 | 48 | -14.6% | $740,000 | $762,500 | -3% |
Isle of Palms | 49 | 65 | -24.6% | $715,000 | $670,000 | 6.7% |
Meggett | 3 | 2 | 50% | $527,564 | $240,500 | 119.4% |
Riverland Terrace | 4 | 4 | 0% | $469,000 | $290,000 | 61.7% |
Edgewater Park | 3 | 0 | - | $445,000 | $0 | - |
Mount Pleasant | 308 | 441 | -30.2% | $423,500 | $393,000 | 7.8% |
Capri Isles | 2 | 1 | 100% | $416,750 | $860,000 | -51.5% |
Seabrook Island | 38 | 27 | 40.7% | $322,500 | $325,000 | -0.8% |
James Island | 30 | 49 | -38.8% | $314,000 | $257,500 | 21.9% |
Charleston | 399 | 656 | -39.2% | $282,000 | $267,500 | 5.4% |
Landsdowne | 3 | 2 | 50% | $275,000 | $249,950 | 10% |