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Wednesday, September 25, 2024

Landsdowne home prices fall in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Landsdowne fell by $12,364 while total sales increased by 60%, according to BlockShopper.com.

From January through June of 2018, there were eight homes sold, with a median sale price of $232,636 - a 5% decrease over the $245,000 median sale price for the same period of the previous year. There were five homes sold in Landsdowne in the first half of 2017.

The median sales tax in Landsdowne for the most recent year with available data, 2015, was $1,139, approximately 0.5% of the median home sale price for the first half of 2018.

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

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Chesterfield220%$275,000$287,500-4.3%
Hollywood23230%$262,500$259,9001%
Drayton7616.7%$260,000$209,50024.1%
McClellanville912-25%$259,950$303,000-14.2%
Awendaw5425%$236,600$335,000-29.4%
Landsdowne8560%$232,636$245,000-5%
Plantation Estates38-62.5%$232,000$197,97017.2%
Ponderosa511-54.5%$219,000$132,00065.9%
Whitehall Terrace61500%$217,500$225,000-3.3%
Summerville2830-6.7%$192,500$187,2502.8%
Long Branch Estates26-66.7%$178,000$234,000-23.9%

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