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Tuesday, September 24, 2024

Long Branch Estates home prices rise in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Long Branch Estates rose by $83,500 while total sales increased by 100%, according to BlockShopper.com.

From January through June of 2019, there were four homes sold, with a median sale price of $261,500 - a 46.9% increase over the $178,000 median sale price for the same period of the previous year. There were two homes sold in Long Branch Estates in the first half of 2018.

The median sales tax in Long Branch Estates for the most recent year with available data, 2015, was $1,047, approximately 0.4% of the median home sale price for the first half of 2019.

The following table compares Long Branch Estates to other Charleston County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Forest Lakes3250%$302,500$347,450-12.9%
Hollywood1323-43.5%$301,665$262,50014.9%
Secessionville Acres110%$300,000$680,807-55.9%
Ravenel610-40%$275,000$159,50072.4%
North Pine Point330%$265,000$377,000-29.7%
Long Branch Estates42100%$261,500$178,00046.9%
Landsdowne58-37.5%$260,000$232,63611.8%
Lincolnville20-$231,000$0-
Adams Run412-66.7%$230,650$128,23279.9%
Pierpont61500%$225,000$95,000136.8%
Summerville2028-28.6%$194,250$192,5000.9%

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