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Wednesday, September 25, 2024

Mount Pleasant home prices rise in the first half of 2018

Realestate3

The median sale price of a home sold in the first half of 2018 in Mount Pleasant rose by $20,152 while total sales decreased by 29%, according to BlockShopper.com.

From January through June of 2018, there were 692 homes sold, with a median sale price of $426,721 - a 5% increase over the $406,570 median sale price for the same period of the previous year. There were 974 homes sold in Mount Pleasant in the first half of 2017.

The median sales tax in Mount Pleasant for the most recent year with available data, 2015, was $1,649, approximately 0.4% of the median home sale price for the first half of 2018.

The following table compares Mount Pleasant 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)
Edgewater Park62200%$731,108.50$319,250129%
Secessionville Acres14-75%$680,807$216,750214.1%
Folly Beach3558-39.7%$620,000$607,0502.1%
Meggett511-54.5%$557,500$327,00070.5%
Edisto Island917-47.1%$460,000$349,00031.8%
Mount Pleasant692974-29%$426,721$406,569.505%
Ashley Forest59-44.4%$380,000$435,000-12.6%
North Pine Point31200%$377,000$318,00018.6%
Laurel Park330%$370,000$275,00034.5%
Seabrook Island7587-13.8%$360,000$450,000-20%
Capri Isles12-50%$350,000$267,50030.8%

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