From April through June of 2017, there were five homes sold, with a median sale price of $325,000 - a 17.4% decrease over the $393,700 median sale price for the same period of the previous year. There were five homes sold in Riverland Terrace in the second quarter of 2016, as well.
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 2017.
The following table compares Riverland Terrace to other Charleston County cities with similar median sales prices in the second quarter of 2017:
| City | Apr. - June 2017 Home Sales | Apr. - June 2016 Home Sales | % change (Total Home Sales) | Apr. - June 2017 Median Sales Price | Apr. - June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Ashley Forest | 4 | 5 | -20% | $433,000 | $295,000 | 46.8% |
| Mount Pleasant | 577 | 750 | -23.1% | $427,000 | $400,000 | 6.8% |
| Landsdowne | 1 | 2 | -50% | $372,500 | $180,000 | 106.9% |
| McClellanville | 5 | 9 | -44.4% | $341,000 | $210,000 | 62.4% |
| Meggett | 7 | 2 | 250% | $327,000 | $405,000 | -19.3% |
| Riverland Terrace | 5 | 5 | 0% | $325,000 | $393,700 | -17.4% |
| Edgewater Park | 2 | 0 | - | $319,250 | $0 | - |
| James Island | 65 | 81 | -19.8% | $297,000 | $261,000 | 13.8% |
| Charleston | 768 | 1,008 | -23.8% | $290,000 | $263,250 | 10.2% |
| Capri Isles | 2 | 4 | -50% | $267,500 | $264,400 | 1.2% |
| Long Branch Estates | 3 | 3 | 0% | $252,500 | $223,000 | 13.2% |
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