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Wednesday, September 25, 2024

James Island home prices rise in the first half of 2018

Realestate077

The median sale price of a home sold in the first half of 2018 in James Island rose by $10,600 while total sales decreased by 26.6%, according to BlockShopper.com.

From January through June of 2018, there were 94 homes sold, with a median sale price of $288,600 - a 3.8% increase over the $278,000 median sale price for the same period of the previous year. There were 128 homes sold in James Island in the first half of 2017.

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 2018.

The following table compares James Island 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)
Seabrook Island7587-13.8%$360,000$450,000-20%
Capri Isles12-50%$350,000$267,50030.8%
Forest Lakes21100%$347,450$230,00051.1%
Riverland Terrace69-33.3%$325,000$292,00011.3%
Charleston1,0201,347-24.3%$291,000$283,0002.8%
James Island94128-26.6%$288,600$278,0003.8%
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%

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