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Wednesday, September 25, 2024

Edgewater Park 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 Edgewater Park rose by $411,859 while total sales increased by 200%, according to BlockShopper.com.

From January through June of 2018, there were six homes sold, with a median sale price of $731,109 - a 129% increase over the $319,250 median sale price for the same period of the previous year. There were two homes sold in Edgewater Park in the first half of 2017.

The median sales tax in Edgewater Park for the most recent year with available data, 2015, was $2,942, approximately 0.4% of the median home sale price for the first half of 2018.

The following table compares Edgewater Park 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)
Sullivan's Island2432-25%$1,932,500$1,675,00015.4%
Kiawah Island6687-24.1%$847,500$805,0005.3%
Isle of Palms111139-20.1%$770,000$675,00014.1%
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%

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