Quantcast

Palmetto State News

Sunday, September 22, 2024

Charleston home prices rise in the second half of 2018

Re 4

The median sale price of a home sold in the second half of 2018 in Charleston rose by $6,000 while total sales decreased by 6.5%, according to BlockShopper.com.

From July through December of 2018, there were 893 homes sold, with a median sale price of $286,000 - a 2.1% increase over the $280,000 median sale price for the same period of the previous year. There were 955 homes sold in Charleston in the second half of 2017.

The median sales tax in Charleston for the most recent year with available data, 2015, was $1,430, approximately 0.5% of the median home sale price for the second half of 2018.

The following table compares Charleston 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)
McClellanville10911.1%$302,000$307,000-1.6%
Awendaw440%$300,000$292,5002.6%
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%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS