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Friday, September 27, 2024

Ponderosa home prices rise in the third quarter of 2017

Realestate1

The median sale price of a home sold in the third quarter of 2017 in Ponderosa rose by $13,000 while total sales decreased by 66.7%, according to BlockShopper.com.

From July through September of 2017, there were three homes sold, with a median sale price of $213,000 - a 6.5% increase over the $200,000 median sale price for the same period of the previous year. There were nine homes sold in Ponderosa in the third quarter of 2016.

The median sales tax in Ponderosa for the most recent year with available data, 2015, was $736, approximately 0.3% of the median home sale price for the third quarter of 2017.

The following table compares Ponderosa to other Charleston County cities with similar median sales prices in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Edisto Island8714.3%$248,000$211,00017.5%
Fenwick Hills220%$236,000$80,000195%
Church Creek34-25%$230,000$233,250-1.4%
Capri Isles24-50%$229,750.50$286,500-19.8%
Drayton3250%$220,000$236,750-7.1%
Ponderosa39-66.7%$213,000$200,0006.5%
Melrose220%$207,500$187,50010.7%
Summerville2030-33.3%$193,950$162,50019.4%
Plantation Estates21100%$180,000$107,00068.2%
Pierpont34-25%$163,057$165,250-1.3%
Adams Run57-28.6%$140,000$72,97591.8%

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