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Tuesday, September 24, 2024

James Island home prices rise in the first half of 2019

Realestate5

The median sale price of a home sold in the first half of 2019 in James Island rose by $23,900 while total sales decreased by 25.5%, according to BlockShopper.com.

From January through June of 2019, there were 70 homes sold, with a median sale price of $312,500 - a 8.3% increase over the $288,600 median sale price for the same period of the previous year. There were 94 homes sold in James Island in the first half of 2018.

The median sales tax in James Island for the most recent year with available data, 2015, was $1,253, approximately 0.4% of the median home sale price for the first half of 2019.

The following table compares James Island 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)
Riverland Terrace9650%$390,000$325,00020%
Laurel Park23-33.3%$389,000$370,0005.1%
McClellanville89-11.1%$383,260$259,95047.4%
Capri Isles41300%$343,750$350,000-1.8%
Plantation Estates23-33.3%$342,500$232,00047.6%
James Island7094-25.5%$312,500$288,6008.3%
Charleston7861,020-22.9%$311,750$291,0007.1%
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%

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