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Monday, November 25, 2024

Ponderosa home prices rise in the second quarter of 2017

Realestate4

The median sale price of a home sold in the second quarter of 2017 in Ponderosa rose by $10,500 while total sales decreased by 42.9%, according to BlockShopper.com.

From April through June of 2017, there were four homes sold, with a median sale price of $229,500 - a 4.8% increase over the $219,000 median sale price for the same period of the previous year. There were seven homes sold in Ponderosa in the second 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 second quarter of 2017.

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

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Long Branch Estates330%$252,500$223,00013.2%
Laurel Park23-33.3%$252,500$322,500-21.7%
Hollywood1315-13.3%$245,000$249,000-1.6%
Pierpont30-$239,900$0-
Fenwick Hills34-25%$234,900$180,50030.1%
Ponderosa47-42.9%$229,500$219,0004.8%
Whitehall Terrace10-$225,000$0-
Secessionville Acres21100%$223,355$245,000-8.8%
Awendaw23-33.3%$217,500$260,000-16.3%
Plantation Estates440%$214,000$195,5009.5%
Summerville1419-26.3%$203,000$178,50013.7%

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