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Monday, November 25, 2024

McClellanville home prices rise in the first quarter of 2017

Realestate3

The median sale price of a home sold in the first quarter of 2017 in McClellanville rose by $130,500 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

From January through March of 2017, there were seven homes sold, with a median sale price of $265,000 - a 97% increase over the $134,500 median sale price for the same period of the previous year. There were seven homes sold in McClellanville in the first quarter of 2016, as well.

The median sales tax in McClellanville for the most recent year with available data, 2015, was $864, approximately 0.3% of the median home sale price for the first quarter of 2017.

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

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Charleston579620-6.6%$277,000$245,00013.1%
Hollywood1018-44.4%$275,950$241,95014.1%
Riverland Terrace410-60%$265,750$266,250-0.2%
Edisto Island47-42.9%$265,681$305,000-12.9%
James Island6377-18.2%$265,000$245,0008.2%
McClellanville770%$265,000$134,50097%
Drayton220%$250,000$220,75013.3%
Landsdowne41300%$242,500$250,000-3%
Forest Lakes110%$230,000$229,9000%
Secessionville Acres23-33.3%$193,000$244,000-20.9%
Fenwick Hills42100%$192,500$200,000-3.8%

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