From January through March of 2017, there were 16 homes sold, with a median sale price of $172,500 - a 3.9% decrease over the $179,500 median sale price for the same period of the previous year. There were 21 homes sold in Summerville in the first quarter of 2016.
The median sales tax in Summerville for the most recent year with available data, 2015, was $862, approximately 0.5% of the median home sale price for the first quarter of 2017.
The following table compares Summerville to other Charleston County cities with similar median sales prices in the first quarter of 2017:
| City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Forest Lakes | 1 | 1 | 0% | $230,000 | $229,900 | 0% |
| Secessionville Acres | 2 | 3 | -33.3% | $193,000 | $244,000 | -20.9% |
| Fenwick Hills | 4 | 2 | 100% | $192,500 | $200,000 | -3.8% |
| Church Creek | 2 | 3 | -33.3% | $192,500 | $206,700 | -6.9% |
| Castlewood | 1 | 2 | -50% | $180,000 | $109,000 | 65.1% |
| Summerville | 16 | 21 | -23.8% | $172,500 | $179,500 | -3.9% |
| Melrose | 3 | 1 | 200% | $165,000 | $202,800 | -18.6% |
| Long Branch Estates | 3 | 1 | 200% | $165,000 | $290,000 | -43.1% |
| Ravenel | 4 | 6 | -33.3% | $160,000 | $102,816.50 | 55.6% |
| Plantation Estates | 4 | 0 | - | $142,720 | $0 | - |
| North Charleston | 217 | 276 | -21.4% | $126,900 | $109,000 | 16.4% |
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