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Tuesday, September 24, 2024

Drayton home prices rise in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Drayton rose by $3,250 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

From July through December of 2018, there were six homes sold, with a median sale price of $265,000 - a 1.2% increase over the $261,750 median sale price for the same period of the previous year. There were six homes sold in Drayton in the second half of 2017, as well.

The median sales tax in Drayton for the most recent year with available data, 2015, was $1,278, approximately 0.5% of the median home sale price for the second half of 2018.

The following table compares Drayton to other Charleston County cities with similar median sales prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Edisto Island13130%$298,900$249,00020%
Secessionville Acres440%$295,000$260,45013.3%
Long Branch Estates31200%$291,000$165,00076.4%
Charleston893955-6.5%$286,000$280,0002.1%
Landsdowne25-60%$281,250$289,000-2.7%
Drayton660%$265,000$261,7501.2%
Laurel Park34-25%$250,000$277,500-9.9%
Melrose42100%$247,450$207,50019.3%
Fenwick Hills3250%$242,000$236,0002.5%
Church Creek24-50%$228,700$230,000-0.6%
Plantation Estates16-83.3%$220,000$227,000-3.1%

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